Automotive

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SC: Magna International to Invest $50.8M, Expand Mfg Facility, Hire 153

15 Oct, 2015


Governor Nikki Haley and the South Carolina Department of Commerce announced that Magna International, a leading global automotive supplier, is expanding its South Carolina manufacturing operations with a new exteriors facility in the Matrix Park, which is situated in Southern Greenville County at the corner of U.S. Highway 25 and Interstate 85. The $50.8 million investment is expected to create 153 jobs.

Headquartered in Aurora, Ontario, Canada, Magna International operates facilities across the globe, employing approximately 124,000 people worldwide. The company's product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing.

Magna's new Greenville County facility will support new business with BMW to supply various exterior molded and painted assemblies. The company plans to move into its newly-constructed 165,000-square-foot facility in June 2016. Those interested in joining the Magna team should visit the company's careers page.

The Coordinating Council for Economic Development has approved job development credits related to the project. For more information on Magna International visit www.magna.com.

QUOTES

"South Carolina continues to build on its reputation as a leader in the automotive industry, and Magna's decision to expand in Greenville County is a testament to that. This $50.8 million investment is a huge win for our state, and the 153 new jobs it will create will make a real difference in the lives of South Carolinians." Gov. Nikki Haley

"Our state has a long and storied tradition in the automotive industry, and we're excited that Magna International continues to be an important part of that tradition. Announcements like today's are meaningful because of what it says about the business environment we've cultivated, not just in Greenville County, but throughout our entire state." - Secretary of Commerce Bobby Hitt

"Greenville County's automotive economy continues to grow at a solid rate. Magna International's commitment to its facility at Matrix Park is proof-positive that future growth in this sector will continue for many years to come." -Greenville County Council Chairman Dr. Bob Taylor  

FIVE FAST FACTS

  • Magna International is expanding operations in Greenville County.
  • $50.8 million investment expected to create 153 new jobs.
  • The Greenville County operations will support new business with BMW to supply various exterior molded and painted assemblies.
  • The company plans to move into its newly-constructed 165,000-square-foot facility in the Matrix Park in June 2016.

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, GE, 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. For more information, visit www.SCcommerce.com.

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