Magna’s New Michigan Plant to Support Fast-Growing Electric Vehicle Market
February 23 2021 - 10:30AM
Magna has broken ground on a new manufacturing facility in St.
Clair, Michigan, that will build complex battery enclosures for the
all-new 2022 GMC Hummer EV.
Construction of the 345,000 square-foot facility, named Magna
Electric Vehicle Structures, represents more than a $70 million
investment that is expected to bring more than 300 jobs to the city
of St. Clair over the next five years.
The battery enclosure contributes to the structural and safety
aspects of a vehicle’s frame and protects high-voltage batteries
from damage and water. Magna can develop these advanced assemblies
in steel, aluminum, and multi-material
configurations, including lightweight composites, to meet the
individual needs of its customers.
“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.”
“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.”
Magna, through its body and chassis product group, has long been
an industry leader in vehicle structures, providing a comprehensive
range of capabilities and engineering solutions to global
customers. This new business with GM marks an important evolution
as the company expands its capabilities in all aspects of the
vehicle electrification space.
Production at the new plant is expected to begin in early 2022.
It will mark Magna’s 25th manufacturing facility in Michigan. The
team at the Magna Electric Vehicle Structures facility is actively
hiring for a variety of jobs – including managers, engineers,
operators and more. For information on careers with Magna, visit:
https://www.magna.com/company/careers.
TAGSElectrification, EV batteries, sustainability, battery
enclosures
INVESTOR CONTACTLouis Tonelli, Vice-President, Investor
Relations louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACTTracy Fuerst, Vice President, Corporate
Communications & PRtracy.fuerst@magna.com, 248.761.7004
ABOUT MAGNAWe are a mobility technology company. We have more
than 158,000 entrepreneurial-minded employees and 342 manufacturing
operations and 91 product development, engineering and sales
centres in 27 countries. We have complete vehicle engineering and
contract manufacturing expertise, as well as product capabilities
that include body, chassis, exteriors, seating, powertrain, active
driver assistance, electronics, mechatronics, mirrors, lighting and
roof systems. Our common shares trade on the Toronto Stock Exchange
(MG) and the New York Stock Exchange (MGA). For further information
about Magna, visit www.magna.com.
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