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Canada: Magna plans US$50m investments

Magna International is reported to be seeking state tax credits from the Michigan Economic Growth Authority for four projects worth a combined US$50m. These projects, which could generate over 500 jobs within five years, are aimed at expanding the supplier's electric vehicle engineering and development, seating systems and powertrain divisions. According It’s time to log … Continued

Magna International is reported to be seeking state tax credits from the Michigan Economic Growth Authority for four projects worth a combined US$50m. These projects, which could generate over 500 jobs within five years, are aimed at expanding the supplier's electric vehicle engineering and development, seating systems and powertrain divisions.

According

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