Magna plans to invest USD500 million to expand manufacturing footprint across Michigan

News
Investments

Magna’s plant in St. Clair was first set up in 2021 to produce and supply steel battery enclosures to a global automaker

Canadian automotive supplier Magna International plans to invest more than USD500 million in expanding its operations across Michigan, the company announced on 25 October 2022.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload