News Release - Magna Expands in China with New Engineering Center

SHANGHAI, China, January 25, 2016 – Magna International Inc. announced today that it is growing its footprint in China, with the establishment of a new seating engineering center in the Xuhui District of Shanghai.  

The newly established engineering center will help Magna match the pace of growth in the world’s largest automotive market.  The new location, which will include a seating testing lab and prototype shop, will employ approximately 60 people initially, but is expected to increase employment to more than 100 at full capacity. 

“Opening a technical center in China is a reinforcement of our commitment to our customers as they are looking for innovation and technology breakthroughs in the local market,” said Mike Bisson, President of Magna Seating. “This center will help us stay in tune with local industry expectations and trends so that we can continue to deliver the most innovative seating solutions to the market.” 

About Magna International
We are a leading global automotive supplier with 305 manufacturing operations and 95 product development, engineering and sales centres in 29 countries. We have approximately 139,000 employees focused on delivering superior value to our customers through innovative products, processes and World Class Manufacturing. Our product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.

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