Canadian auto supplier Magna International plans to invest $35.4 million over the next three years to update its Highland Park plant in support of new seating contracts.
The investment, which is supported by a $2.17 million grant from the state of Michigan, is expected to add 480 jobs at the plant located at 12800 Oakland Park Blvd. in Highland Park near I-75 and the Davison Freeway. Roughly 300 of the 480 new jobs will be entry-level positions, the Michigan Economic Development Corp. said in a memo. Currently 625 employees work at the plant.
Magna plans to add 5,000 square feet to the plant, as well as at least 100 parking spaces and three shipping docks and renovate the current space as part of the expansion. Two new automated storage and retrieval systems will also be added.
The company's lease on the plant ends in December 2022, but Magna plans to extend the lease another five years as the expansion efforts won't be completed until 2023.
People can apply for the new jobs in a variety of ways, the company said Tuesday: