Magna’s Expansion to Mesa Promises Economic Growth and Job Creation
MESA, AZ (August 8, 2024) – In a significant boost to Arizona’s burgeoning automotive sector, Magna, a leading mobility technology company, has announced the construction of a new manufacturing facility in Mesa. The plant, located in Power Industrial Park, will span nearly 230,000 square feet and is projected to create hundreds of new jobs.
This multi-million-dollar investment underscores the rapid growth of Arizona’s automotive ecosystem, which already includes electric vehicle companies like Lucid and Nikola, along with automated vehicle innovators such as May Mobility and Gatik.
Magna’s decision to locate its new manufacturing facility in Mesa demonstrates Arizona’s attractiveness for the automotive industry,
commented Sandra Watson, President and CEO of the Arizona Commerce Authority. She expressed gratitude for Magna’s commitment to the state and anticipated their growth as part of Arizona’s thriving mobility ecosystem.
According to Chris Camacho, President and CEO of the Greater Phoenix Economic Council, Magna’s arrival in Mesa bolsters an already adept regional ecosystem. As Greater Phoenix continues to drive clean technology innovation at a national scale, Magna’s new facility will allow for more expansive growth in the emerging automotive sector.
Mesa Mayor John Giles highlighted the city’s strategic investments in education and infrastructure, stating, Mesa’s strategic investments in education, infrastructure and world-class amenities make us a premier destination for businesses looking to thrive in this dynamic industry. Magna will be a great addition to Mesa, and I am excited to welcome them to our city.
District 6 Councilmember Scott Somers also welcomed the development, noting, The collaboration and innovation that Magna brings will undoubtedly strengthen our local economy and reinforce Mesa’s position as a hub for advanced manufacturing.
Magna plans to incorporate state-of-the-art technology and virtual tools in the facility, leveraging their extensive experience with various OEMs to ensure quality and flexibility. Eric Wilds, Magna Chief Sales and Marketing Officer, praised the local community collaboration, saying, The collaboration we have already experienced with the local community has been exceptional. With a diverse and rich talent base, we are able to meet our commitment to drive innovation and deliver value to our customers.
For those interested in career opportunities with Magna, information is available at: magna.com/careers/jobs-in-phoenix.
Real estate support for Magna’s facility was provided by listing brokers Jackie Orcutt, Kevin Cosca, Jonathan Teeter, Pete Wentis, and Alex Wentis, with assistance from Danny Schuster and Brian Gleason of Colliers.
Kim Lofgreen, City of Mesa, [email protected]
About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state’s leading economic development organization dedicated to growing and strengthening Arizona’s economy. Utilizing a three-pronged strategy—attract, expand, and create—the ACA aims to attract out-of-state companies, help existing businesses expand, and support entrepreneurs in establishing new businesses in targeted industries. Learn more at azcommerce.com and follow on Twitter @azcommerce.
About the City of Mesa
Mesa, Arizona, home to over 517,000 residents, is the 36th largest city in the United States and the second largest in the Phoenix-Mesa metro area. Covering 138 square miles, Mesa is a vibrant business hub, hosting industry giants like Amazon, Apple, and Bridgestone. For more information, visit SelectMesa.com.
Read More Here
