# Magna to invest $526M and create 1,569 jobs across three Michigan locations

Magna announced three investments in St. Clair, Highland Park, and Shelby Charter Township, Michigan, totaling over $526 million in capital investment and expected to create 1,569 jobs. The projects support automotive manufacturing and future mobility.

- Type: Investment
- Announced: 2022-10-25
- Where: St. Clair, Highland Park, and Shelby Charter Township, Michigan, United States
- Value: $526.0M
- Jobs: 1,569
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [michigan.gov](https://www.michigan.gov/whitmer/news/press-releases/2022/10/25/gov-whitmer-announces-michigan-wins-more-than-1500-new-jobs-after-securing-investments), 2022-10-25: "In total, the projects are expected to generate a capital investment of more than $526 million and create 1,569 jobs for Michigan residents."

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