Magna to relocate 300 jobs to new US base in September

Article by Anita Panait, on June 13, 2013

Magna International Inc. will relocate around 300 employees from its current United States base in Troy, Michigan to a new and larger headquarters nearby in September 2013. According to Tracy Fuerst, director of corporate communications at Magna, they have already informed their customer companies of the decision.

In a statement, Jim Tobin, chief marketing officer for Magna, remarked that their US headquarters has been in Troy for over 15 years, adding that it is an ideal location since it centrally locates them near most of their customers. He said that it important for Magna to stay in Tory and find a suitable location that could accommodate a larger workforce. According to Fuerst, Magna had had outgrown its current headquarters, which is just off Interstate 75.

Fuerst said that they are moving some sales, marketing, engineering and other office personnel from existing operations to the new office, which is around 117,300 square feet. Fuerst noted that Magna only needed 113,000 square feet, and they were looking for a building that could provide them more space to grow if and when needed.

Fuerst remarked also operates on Crooks Road and Maple Road in Troy. According to Fuerst, Magna will move another 400 employees to the new office once they relocate and consolidate a few operations, noting that the lease on the current office expires this summer. [source: automotive news - sub. required]

Topics: magna

If you liked the article, share on:

Comments

Recommended

Like it or not, Chevrolet may soon be offering a cheaper Camaro in hopes of competing with Dodge Challenger and Ford Mustang GT. Apart from the less expensive trim, the...
by - August 17, 2017
Recently, Porsche revealed a new Macan Turbo wearing a Performance Package and a unique Porsche Motorsport themed paint. At first look, it will remind you of the 919 Hybrid and...
by - August 17, 2017
The BMW M1 will be one of the most exclusive cars that will be showcased at the upcoming 2017 Pebble Beach Concours d'Elegance, alongside many other extravagant models. Firstly, there...
by - August 17, 2017
Aston Martin Vanquish Zagato makes its debut with a total of four variations including the Speedster and the Shooting Brake trims. As part of the limited edition model, the company...
by - August 17, 2017
Mitsubishi finally introduces the new Xpander MPV at the 2017 Indonesia International Auto Show in Jakarta Indonesia. Replacing the previous Expander, the new multipurpose vehicle will be mostly sold at...
by - August 16, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries