Magna's two facilities will make it the first automotive supplier at Ford’s BlueOval City Supplier Park. Magna will also build a stamping and assembly facility in Lawrenceburg.
The Canadian auto supplier will invest $10 million in Lawrenceburg, TN: the location was selected for its proximity to OEMs.
Comprehensive 3D products and services provider will invest $2.9 million and create over 50 new jobs in Lawrenceburg, TN.
All four generating units at Tanners Creek will be retired by mid-2015.