Rep. Miller Applauds $507,000 for Magna Interior Trim Components
WASHINGTON – Today, U.S. Representative Candice Miller (MI-10) applauded the Michigan Strategic Fund’s announcement that it will award Magna Exteriors and Interiors USA, Inc., DBA Magna Interior Trim Components $507,000 to support their continued growth in Benzonia and China Townships expected to create as many as 169 jobs.
“This grant is excellent news for our expanding auto industry,” Rep. Miller stated. “I applaud this grant to help Magna Interior Trim Components with its continued growth and believe it will have a significant economic impact on our communities.”
Magna Exteriors and Interiors USA, Inc., DBA Magna Interior Trim Components, is a subsidiary of Magna International, Inc. In January 2014, Magna Interior Trim received an $822,000 grant for expansions at its locations in Benzonia and China Townships, which were expected to generate $3.6 million and create 274 jobs. Since then, the company has created the 274 positions and has experienced additional growth which will require the hiring an additional 169 employees.
The Michigan Strategic Fund (MSF) was created in 1984 to promote economic development and create jobs in Michigan. For more information about MSF, please visit them online:http://www.michiganbusiness.org/michigan-strategic-fund-msf/