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Magna To Invest More Than US$790-Million To Build Three New Facilities For Electric Parts 

Magna International Inc. MG-T +0.06%increase will spend more than US$790-million in Tennessee to build three factories that will make components for Ford Motor Co.’s F-N -0.50%decrease electric vehicles, in an industry that is seeing governments offer billions in subsidies to build factories.  Magna, based in…