Magna

Type
Business expansion
Country
France
Region
Grand Est; Lorraine; Moselle
Location of affected unit(s)
Moselle East
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
350 jobs
Number of planned job creations
Job creation
Announcement Date
2 February 2004
Employment effect (start)
1 June 2005
Foreseen end date
1 January 2009

Description

Magna, the Canadian manufacturer of parts for cars, will invest 90 million euros and create 350 jobs in Moselle East (France). The factory should start production in 1.5 years and be fully staffed within 5 years. The bilingualism (French — German) of the region is a sure asset; 11 car manufacturing plants are located in the region.

Sources

  • 2 February 2004: Les Echos

Citation

Eurofound (2004), Magna, Business expansion in France, factsheet number 58917, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58917.