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Construction work on the $50m Ramos Arizpe Manufacturing Facility located in New Mexico, the US commenced in Q2 2022. It was announced in Q4 2020.

The project involves the construction of a 24,155m2 automotive parts manufacturing plant in Whitfield County, Georgia, the US.

The project includes the following:

Construction on the project is expected to be completed by Q4 2024.

Owners of the project include Canada-based Magna International.

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By GlobalData