Magna Continues Growth, Adding 224 Jobs in Lancaster

Company Name: Magna, Inc.

Location: Lancaster

Site Region: Central

Country of Origin:

• Country: Canada
• Region: North America

Industry Sector: Automotive

Company Profile: Magna designs, develops, and manufactures automotive systems, assemblies, modules, and components. In addition, Magna engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers (OEMs) of cars and light trucks.

Company Website: http://www.magna.com/

Project Summary:

Type of Project: Expansion

Jobs:

• Jobs committed: 224
• Jobs retained: 390

Capital Investment: $5,977,700

Company Need:

Magna, Inc. will be manufacturing metal seat structures for future programs. To make room for new lines and products, its Seating facility in Columbus will be adding a mezzanine to the existing building to create more floor space.

Why Ohio?

Ohio is Driving the future of the automotive industry. R&D, skilled talent, market access, and a comprehensive supply chain make Ohio a United States automotive leader. In Ohio, automotive companies pursue improvements that make cars and components lighter, stronger, and better for the environment. Simultaneously, Ohio’s automotive industry collaborates on ways to take smart mobility technology from ideation to deployment.

The Columbus Region is at the forefront of automotive technology and represents the future of new manufacturing. The Region produces nearly 650,000 cars a year, while the regional economic output for the automotive industry exceeds $2.7 billion annually. More than 1,700 manufacturers employ nearly 87,000 people in the Columbus Region. 

Collaborators:

JobsOhio, State of Ohio, One Columbus