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 Economic Development News 
Tuesday, December 06 2016

Automotive supplier investing $29 million and creating 480 jobs in Spartanburg County
 
Columbia, 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.
 
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.
 
Those interested in joining the Magna team should visit the company's careers page online.
 
The Coordinating Council for Economic Development has approved job development credits related to this project.
 
Quotes
"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." -President of Magna Seating Mike Bisson
 
"Magna International has been a tremendous partner to South Carolina for over 20 years, and the fact that it will now operate four world-class manufacturing facilities here is a huge win for our state. This $29 million and the 480 new jobs it means for Spartanburg County is a real reason to celebrate, and we couldn't be more grateful for the commitment Magna International continues to show toward South Carolina." -Governor Nikki Haley
 
"I congratulate Magna on this tremendous new investment in Spartanburg County. It's exciting to see South Carolina's automotive sector continue to thrive, and it means that our pro-business strategy is paying dividends." -Secretary of Commerce Bobby Hitt
 
"We are extremely pleased that Magna International is constructing a new manufacturing facility in the Tyger River Industrial Park of Spartanburg County. The Economic Futures Group, along with key allies with the S.C. Department of Commerce, Pacolet-Milliken Enterprises, Spartanburg Community College and all the utility providers, worked collaboratively to land the facility here. As a leading global automotive supplier, Spartanburg County will benefit from Magna's investment now and in the future." -Spartanburg County Council and Board Member of the Economic Futures Group David Britt
 
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. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. IBM-Plant Location International reports in 2012, 2013 and 2015 ranked South Carolina first in the nation for attracting jobs through foreign investment. The state won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012, 2014 and 2015. For more information, visit www.SCcommerce.com.
 
Media Contact:
Adrienne R. Fairwell, APR
Director of Marketing & Communications
South Carolina Department of Commerce
(803) 737-1998
afairwell@sccommerce.com
www.SCcommerce.com

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:55 am   |  Permalink   |  Email

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