Auto supplier Magna Composites expanding 3 U.S. plants


AURORA, ONTARIO (June 14, 11:30 a.m. ET) -- Automotive parts supplier Magna Composites LLC plans to expand three plants in North Carolina and create 327 new jobs over the next four years.

According to a June 14 news release, Magna Composites will invest $10 million in facilities in Salisbury, Lenoir and Newton, N.C.

Magna Composites is a division ...
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