Canadian automotive supplier Magna International said Tuesday it will invest $29 million dollars to build a new manufacturing plant in South Carolina’s Upstate. The state Department of Commerce announced on Tuesday that the new Magna plant will bring approximately 480 new jobs to Spartanburg County in the next five years.
The new 230,000 square-foot facility will host assembly lines that supply car seats for a nearby BMW assembly plant. Magna expects the facility to be operational in June.
“This is a new chapter in the ongoing collaboration between Magna and BMW, as it’s our first seating business award with this valued global customer,” President of Magna Seating Mike Bisson said in a statement. “With this investment and job creation, we are extremely pleased to join the growing automotive industry in South Carolina.”
Spartanburg County Council David Britt said that the county offered 6 percent fee-in-lieu of property taxes to help Magna build the plant but says the biggest incentive that his county has to offer is BMW and an educated workforce. He believes Magna will benefit from the most experienced workers in the country due to the nearby BMW plant.
“Our local community college, Spartanburg Community College, they work closely with Magna.” said David Britt, “and we provide them with the best manpower in the world right here in Spartanburg.”
Britt credits these types of manufacturing investments for helping the lower in the county’s unemployment rate over the last few years.
“We’ve had $16 billion invested in this county in the last 24 years, and we’ve created 45,000 jobs” said Britt on Spartanburg’s growth since Governor Campbell brought BMW to state in 1992.
The plant will be located in the Tyger River industrial Park on Highway 290 and will become the fourth Magna plant in South Carolina. Magna currently employs nearly 1,450 people in the state.
— SC Dept. of Commerce (@SCcommerce) December 6, 2016