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Auto Parts Manufacturer Magna Plans $18 Million Production Plant in Highland Park, Michigan

Auto parts maker Magna Seating plans to invest $18 million in a multi-product facility here and create more than 400 jobs. The supplier of complete seat solutions and seat mechanisms was approved for a $4.5 million state tax credit over seven years, according to the Michigan Economic Development Corporation. Magna Seating is a division of Magna, which has 240 manufacturing operations and 86 product development, engineering and sales centers in 25 countries on five continents as of December 2008. Magna’s American operations are based in Troy, Michigan. For more information about the company visit http://www.magnasteyr.com

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