Where is Magna International Investing $70.1 Million?

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Magna International will soon be investing $70.1 million in Right to Work St. Clair, Michigan. This is in order to add a new manufacturing facility. The investment will cover the cost of constructing a new 345,000 square-foot building, but that’s not all. In addition, the company also plans to create 304 new jobs. So this will a great addition to the local economy! It will be great for the job market too! This reaffirms how Right to Work benefits businesses and workers.

From Area Development Magazine:

“Bringing this new battery enclosure technology to market is another example of Magna’s ability to deliver a full-system solution to automakers supporting their focus on a lower emissions future. […] The move toward electrification allows us to rethink what is possible[. It demonstrates] how we can leverage our core strengths to continue bringing customers innovative solutions that help them meet their goals, no matter how challenging.” […]

“This investment by Magna will create great jobs for our state’s talented workforce as we continue to implement our Michigan Back to Work plan to get Michiganders back on their feet. […] This announcement reaffirms Michigan is transforming along with the automotive industry[…]”

AREA DEVELOPMENT MAGAZINE

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