Magna is building a new facility in Spartanburg County, South Carolina, to supply seats to BMW. The new plant is expected to be operational by June 2017 and could employ up to 480 people over the next four years.
The new, $29 million, 230,000-square-foot facility, scheduled to open in June 2017, will be built on a 20-acre site in the Tyger River Industrial Park on Highway 290 and Anderson Mill Road.
Magna announced it’s the first seat program in its history awarded by BMW Group.
"This is a new chapter in the ongoing collaboration between Magna and the BMW Group, as it's our first seating business award with this valued global customer," said Mike Bisson, president of Magna Seating. "With this investment and job creation we are extremely pleased to join the growing automotive industry in South Carolina."
The Ontario, Canada headquartered global automobile supplier is planning to open its dedicated assembly and sequencing lines to supply seats to BMW’s Greer assembly plant in Spartanburg County.
Spartanburg County offered a fee-in-lieu-of-taxes agreement for the 480 jobs and $29 million investment.
Three Magna International plants employ 1,450 people in South Carolina, the company stated.
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