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VOL. 129 | NO. 173 | Friday, September 05, 2014

Magna Starts Construction Near Tennessee GM Plant

AP

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SPRING HILL, Tenn. (AP) – Seat maker Magna International Inc. says it has begun constructing a new supplier facility near the General Motors plant in Spring Hill.

The new 122,500-square-foot Magna facility with become the Troy, Michigan-based company's fifth in Tennessee. It is expected to employ about 75 people when it begins making seat assemblies next year.

Last year GM announced plans to invest $350 million in the Tennessee assembly plant to build two future midsize vehicles. The plant already builds several small gasoline engines plus the Chevrolet Equinox midsize SUV.

The company revealed last week that it is moving production of its next-generation Cadillac SRX crossover SUV from Mexico to the Tennessee facility that began as a Saturn plant in 1990.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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PROPERTY SALES 66 153 14,870
MORTGAGES 64 144 19,474
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 217 359 35,689
BANKRUPTCIES 59 121 14,155
BUSINESS LICENSES 24 86 5,077
UTILITY CONNECTIONS 71 170 21,603
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