Magna International Constructs St. Clair, Michigan, Manufacturing Facility
02/25/2021
The location will produce battery enclosures for the all-new 2022 GMC Hummer EV. Production at the facility, Magna’s 25th in Michigan, is expected to begin in early 2022.
“Bringing this new battery enclosure technology to market is another example of Magna’s ability to deliver a full-system solution to automakers supporting their focus on a lower emissions future,” said John Farrell, President of Cosma International, Magna’s body and chassis group. “The move toward electrification allows us to rethink what is possible and demonstrate how we can leverage our core strengths to continue bringing customers innovative solutions that help them meet their goals, no matter how challenging.”
The project was approved for a $1.5 million Michigan Business Development Program grant. In addition, the city of St. Clair anticipates approval of a property tax abatement, according to the Michigan Strategic Fund. Plus the approval of a State Education Tax abatement to be used along with the locally-approved abatement.
“This investment by Magna will create great jobs for our state’s talented workforce as we continue to implement our Michigan Back to Work plan to get Michiganders back on their feet,” said Governor Gretchen Whitmer. “This announcement reaffirms Michigan is transforming along with the automotive industry to ensure the next generation of mobility and electrification is designed, developed, tested, and built right here in our state.”
The Magna Electric Vehicle Structures-Michigan, Inc. is a newly created entity of Magna International, Inc, a global automotive supplier with ties to the automobile industry for more than 50 years.
Project Announcements
Nucor Towers & Structures Plans Brigham City, Utah, Production Operations
01/13/2025
Canada-Based Markdom Michigan Plastics Plans Charlotte, Michigan, Production Operations
01/13/2025
Japan-Based Nitto Plans Frankfort, Kentucky, Operations
01/12/2025
Compass Datacenters Plans Meridian, Mississippi, Operations
01/12/2025
IKO Plans Bismarck, Missouri, Operations
01/10/2025
Blue Whale Materials Expands Bartlesville, Oklahoma, Battery Recycling Operations
01/09/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024