Company/Organisation:
Magna
Geographic Location
Country:
France
Region:
Moselle; Lorraine; Est
Location of affected unit(s):
Moselle East
Company
Sector:
Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Group:
Magna
Employment Effects
Announcement Date:
02-02-2004
Type of Restructuring:
Business expansion
Employment Effect Start:
01-06-2005
Foreseen End Date:
01-01-2009
Planned Job Creation:
350
Additional Information
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:
02-02-2004Les Echos
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