PIEDMONT, S.C. – The South Carolina Department of Commerce announced that Drive Automotive Industries of America will expand its existing facility in Greenville County. The $50 million investment is expected to generate 60 new jobs.

“We celebrate Drive Automotive’s decision to invest $50 million and create 60 new jobs. South Carolina continues to show that it is the right place to do business. Announcements like this one show we are doing the right things to help companies prosper and grow,” said Gov. Nikki Haley.

Drive Automotive Industries of America, a manufacturing division of Cosma International, which is an operating unit of Magna International Inc., will expand its manufacturing facility located on Moon Acres Road in Piedmont. The expansion will add approximately 150,000 square feet to the size of the existing facility.

“Given the competitive nature of obtaining funding for projects, we at the Drive facility are very appreciative of the support of Greenville County Council and the Governor’s Office,” said Craig Lane, general manager of Drive Automotive. “We truly believe it is a win for everyone.”

Drive Automotive manufactures automotive body panels and assembles body systems. This expansion will support a growing customer base among the major automotive and heavy truck manufacturers. Drive Automotive began production at its Greenville facility in 1994. The expansion is expected to be complete by the third quarter of 2013.

The company will begin hiring for the new positions in 2014. Anyone interested in job opportunities with the company can watch for job postings on the Magna website at www.magna.com/careers.