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Business expansions bring high-wage jobs, new investments to Ann Arbor region


Business expansions bring high-wage jobs, new investments to Ann Arbor region
Ann Arbor SPARK
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ANN ARBOR – Two projects expected to create 279 new, well-paying jobs and generate a total private investment of $27.2 million in the Ann Arbor region have received support from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced today.
“This $27.9 million investment will create hundreds of excellent jobs in the Ann Arbor region as we continue implementing our Michigan Back to Work plan to get our state back on its feet,” said Governor Whitmer.  ....

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Magna's New Michigan Plant To Support Fast-Growing Electric Vehicle Market


February 25, 2021
TROY, Mich. — February 23, 2021 — Magna has broken ground on a new manufacturing facility in St. Clair, Mich., that will build complex battery enclosures for the all-new 2022 GMC Hummer EV.
Construction of the 345,000 square-foot facility, named Magna Electric Vehicle Structures, represents more than a $70 million investment that is expected to bring more than 300 jobs to the city of St. Clair over the next five years.
The battery enclosure contributes to the structural and safety aspects of a vehicle’s frame and protects high-voltage batteries from damage and water. Magna can develop these advanced assemblies in steel, aluminum, and multi-material configurations, including lightweight composites, to meet the individual needs of its customers. ....

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