# Magna spends $60M to expand Kamtek plant in Alabama

Magna International is investing $60 million to expand its Kamtek plant in Alabama to meet lightweight demand for automotive components.

- Type: Expansion
- Announced: 2017-09-08
- Where: Alabama, United States
- Value: $60.0M
- Jobs: 100
- Status: announced
- Products: lightweight automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Magna International](https://endata.com/companies/2534.md)
- [Kamtek](https://endata.com/companies/26830.md) (partner)

## Sources

- [autonews.com](https://www.autonews.com/article/20170908/CANADA/170909799/magna-spends-60m-to-expand-in-alabama-and-meet-lightweight-demand/), 2017-09-08: "Magna spends $60M to expand in Alabama and meet lightweight demand"
- [foundrymag.com](https://www.foundrymag.com/molds-cores/article/21931626/magna-launches-hpdc-in-alabama), 2017-09-11: "The Kamtek expansion demonstrates our dedication to meeting these challenges head-on through leading-edge manufacturing processes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.