- JV to assemble complete seats for
- Production expected to start in the second quarter of 2023
- More than 390 new jobs to be created
Production is scheduled to begin in the second quarter of 2023 and is expected to bring-in more than 390 jobs to the city of
“We are excited about this opportunity with LM Manufacturing as we continue supporting
“As a minority business enterprise, we are especially excited to invest in the city of
“This investment by LM Manufacturing in
Joint venture, JV, automotive seat assembly
[email protected], 905.726.7035
[email protected], 248.761.7004
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 158,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 343 manufacturing operations and 91 product development, engineering and sales centres spanning 28 countries.
For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on Twitter @MagnaInt.
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Source: Magna International Inc.