Industry Trend Analysis – Magna Investment Supports Tennessee Hub – NOV 2014

…This means that there is another investment still to come, which the city authorities said will create a further 217 jobs. Both suppliers will be on a site less than a mile from the GM plant, signifying momentum in the growth of a supplier hub, which the site development company, NorthPoint Development, hopes to expand to up to seven suppliers. Given GM’s strategy to have it suppliers nearer to its plant to cut logistics costs and improve quality, the opportunity exists to expand the site

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