Magna International to move into part of Chrysler’s former headquarters
By Andrew C., 27 Aug, 2010. 0 Comments
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Magna International is taking over the abandoned facility, which previously served as Chrysler's headquarters, located in Highland Park, Michigan. The Michigan Economic Growth Authority (MEGA) is set to approve tax incentives today that will clear the way for Magna to take over the facility, according to the Detroit Free Press. Magna International, a Canadian auto supplier, will be producing automotive seating parts for both Chrysler and General Motors.
Chrysler occupied the site from 1925 until 1992 when it moved to Auburn Hills. Wayne County executive Robert Ficano said that Magna founder and chairman Frank Stronach has been trying to locate a manufacturing or research facility in the US since 2004.
Among the places considered were sites within Wayne County, some sites in Oakland and Macomb counties, and even some parts in Canada. Magna will employ 400 people and spend about $18 million to occupy a 200,000-square-foot building at the site. Magna already employs about 4,900 people at 30 facilities across Michigan.
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