Magna International Expands Greenville County, South Carolina, Manufacturing Operations
12/16/2024
The investment will include a new 625,000-square-foot facility located at 923 Matrix Parkway in Piedmont, along with an expansion of the company’s existing facility. Operations at the new facility are scheduled to begin in the first quarter of 2025.
“Magna has been part of the Greenville County community for over 30 years, benefiting from the region's skilled and diverse workforce that drives our innovation and customer value. We look forward to further growth and continuing to be an integral part of this vibrant community,” Magna Body and Chassis Group President John O’Hara said.
To support the project the Coordinating Council for Economic Development approved job development credits and awarded a $500,000 Set-Aside grant to Greenville County to assist with the costs of facility set up and improvements.
“Today’s announcement by Magna International is a substantial win for Greenville County and South Carolina. Magna’s decision to grow its operations and create new jobs in our state is a testament to our highly skilled workforce, and we are excited to support the company as it furthers its South Carolina legacy,” Secretary of Commerce Harry M. Lightsey III noted.
Magna International Inc. is a Canadian automotive parts manufacturer for automakers. The company produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford and Stellantis, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors, among others.
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