A Canadian auto parts supplier announced Wednesday it will to open a new plant in Greenville County, with state economic officials hoping the move will create more than 150 new jobs.
Magna International is a “Tier One” supplier for BMW and other auto companies, meaning it works with smaller parts manufacturers to provide the final sections for assembly. The company employs about 700 workers at its current facility south of Greenville.
The new plant will supply BMW with various exterior molded and painted assemblies. The company plans to move into its newly-constructed 165,000-square-foot facility in June 2016.
“We’re excited because any time a company decides to invest limited capital in a community they’re already in, it’s a testament to the viability of that community and the workforce,” Greenville Area Development Corporation President/CEO J. Mark Farris told South Carolina Radio Network.
The state Coordinating Council on Economic Development has approved a $250,000 grant for infrastructure along with job development tax credits, according to Department of Commerce spokeswoman Adrienne Fairwell. Greenville County has offered the company a fee-in-lieu of taxes agreement.
A Magna spokesman said the 153 new jobs would be hired over the course of several years after the new plant opens. Anyone seeking to apply for a job at the plant should visit the company’s website.