LYON TOWNSHIP — Magna International, a Canada-based tier one auto supplier with North American headquarters in Troy, will spend $56 million to construct a manufacturing facility in Lyon Township, a move that will create 250 jobs.
“Oakland County’s talented workforce, quality of life, and attractive proximity to the auto industry were key factors in attracting Magna to the Lyon Township site,” says Oakland County Executive L. Brooks Patterson.
Marada Industries, a Magna International subsidiary which operates as Cosma Body Assembly Michigan, will build a 150,000 square foot facility on a 32-acre parcel of land near Milford Road and Grand River Avenue. The site was chosen over competing locations in Ohio, South Carolina, and Ontario. The facility will be used to supply underbody structural components to the auto industry.
Magna International operates 27 manufacturing facilities and 11 engineering, product development, and sales centers in Michigan, employing more than 10,000 people. It manufactures automotive systems, assemblies, modules, and components, as well as assembling complete vehicles.