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MegadealsSubsidy Tracker Individual Entry
Company: Magna Electric Vehicle Structures - Michigan
Parent Company:
Magna International
Subsidy Source: state
Location: Michigan
City: St. Clair
Address: 1811 South Range Road
Year: 2023
Major Industry of Parent: automotive parts
Specific Industry of Parent: automotive parts
Subsidy Value: $22,772,704
Program Name: Industrial Property Tax Abatement
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 920
Capital Investment: $426,599,000
Source of Data:
(click here)
Notes: Year is fiscal year. Subsidy value is approved amount. Jobs are jobs committed. For subsides actually paid and jobs actually created see the original disclosure.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.