Magna International constructing fourth manufacturing plant in South Carolina
December 7, 2016
SPARTANBURG COUNTY – SC Magna International, a leading global automotive supplier, is constructing a new seat manufacturing plant in Spartanburg County. Representing its fourth manufacturing plant in South Carolina, the company is projected to invest $29 million in the facility, creating 480 new jobs over the next five years.
Headquartered in Aurora, Ontario, Canada, Magna International operates facilities across the globe, employing approximately 155,000 people worldwide. The company’s product capabilities include producing many parts of the automobile, such as the body, chassis, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as contract manufacturing.
“This is a new chapter in the ongoing collaboration between Magna and BMW, as it’s our first seating business award with this valued global customer. With this investment and job creation, we are extremely pleased to join the growing automotive industry in South Carolina,” said President of Magna Seating Mike Bisson.
Located in the Tyger River Industrial Park on Highway 290, Magna’s new 230,000-square-foot seating plant is expected to be operational in June 2017. The facility will feature dedicated assembly and sequencing lines to supply seats to BMW’s nearby assembly plant. Magna currently has three manufacturing locations in South Carolina and employs approximately 1,450 people in the state.
The Coordinating Council for Economic Development has approved job development credits related to this project.
FIVE FAST FACTS
- Magna International is constructing a new manufacturing plant in Spartanburg County.
- $29 million investment to create 480 new jobs over the next five years.
- This is Magna’s fourth manufacturing plant in South Carolina, and the new Spartanburg County plant will supply seats to BMW’s nearby assembly plant.
- The company expects the new 230,000-square-foot seating plant to be operational in June 2017.
- Those interested in joining the Magna team should visit the company’s careers page.
About S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives.
