The Arizona Commerce Authority, Greater Phoenix Economic Council and the City of Mesa announced that Magna, a mobility technology company and one of the largest suppliers in the automotive space, is building a manufacturing facility in Mesa. Located at Power Industrial Park, the nearly 230,000-square-foot facility is expected to create hundreds of new jobs.
Representing a multi-million-dollar investment, Magna’s new manufacturing facility highlights Arizona’s rapidly-growing automotive ecosystem that includes electric vehicle manufacturers Lucid and Nikola as well as 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,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “We are so grateful for Magna’s commitment to Arizona and look forward to supporting their growth as part of our thriving mobility ecosystem.”
“Magna’s arrival in Mesa bolsters an already adept regional ecosystem,” said Chris Camacho, President and CEO, Greater Phoenix Economic Council. “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.”
“The accelerating pace of innovation is fueling growing demand for new products and technologies, and companies like Magna are leading the way,” said Mesa Mayor John Giles. “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.”
“As a representative of this area, I am thrilled to welcome Magna’s new manufacturing facility to Mesa,” said District 6 Councilmember Scott Somers. “The collaboration and innovation that Magna brings will undoubtedly strengthen our local economy and reinforce Mesa’s position as a hub for advanced manufacturing.”
Leveraging Magna’s extensive automotive expertise, flexibility, and experience working with various OEMs, the facility will incorporate innovative state-of-the-art technology and virtual tools, such as simulations, to ensure quality and flexibility to expedite the integration of new products.
“The collaboration we have already experienced with the local community has been exceptional,” said Eric Wilds, Magna Chief Sales and Marketing Officer. “With a diverse and rich talent base, we are able to meet our commitment to drive innovation and deliver value to our customers.”
Jackie Orcutt, Kevin Cosca, Jonathan Teeter, Pete Wentis and Alex Wentis are the listing brokers for Power Industrial. Danny Schuster and Brian Gleason with Colliers supported Magna with the real estate search.
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