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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 This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 95 460 14,043
MORTGAGES 101 520 16,304
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 900 28,963
BANKRUPTCIES 48 285 9,323
BUSINESS LICENSES 26 123 4,603
UTILITY CONNECTIONS 0 232 10,191
MARRIAGE LICENSES 18 96 3,352

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