Magna International Inc. is constructing a new stamping and assembly plant in Lawrenceburg, Tennessee, as part of a larger investment in the state. This facility will produce truck frames and is one of three new Magna facilities announced in Tennessee.
Key Details
Location: Team Lawrence Commerce Park â West, Lawrenceburg, Tennessee
Size: 400,000-square-foot facility
Investment: Part of Magna's overall $790 million investment in Tennessee
Job Creation: Approximately 250 new jobs
Products: Truck frames
Major Milestones
July 20, 2023: Project announcement by Governor Bill Lee and TNECD Commissioner Stuart C. McWhorter
2025: Scheduled start of production
Future Outlook
The facility will support Magna's production of components for Ford's electric vehicles
It's part of Magna's strategy to strengthen its relationship with Ford and expand its capabilities in EV component manufacturing
The project contributes to Tennessee's growing automotive and EV manufacturing sector
This Lawrenceburg facility is one of three Magna projects announced simultaneously in Tennessee, with the other two being supplier facilities at Ford's BlueOval City in Stanton. Together, these projects represent a significant investment in the state's automotive industry and are expected to play a crucial role in the EV supply chain.