Automotive supplier Magna International Inc. is building a new exteriors manufacturing facility in South Carolina, a $50.8 million investment.
The Aurora, Ontario-based company plans to move into the new facility in June 2016, according to a news release from the South Carolina Department of Commerce. The 165,000-square-foot facility in Greenville County, S.C., will produce exterior molded and painted assemblies for BMW AG.
BMW's Spartanburg, S.C., factory manufactures several BMW X sports utility vehicle models that are exported globally. Last year, the German automaker announced plans to boost production there by 50 percent.
Magna has 54 manufacturing and assembly facilities in the U.S., employing 21,250 workers, according to its website. The company expects to hire 153 at the new plant.