News Release - Magna Innovation Process Recognized with Award in China
Magna’s manufacturing execution strategy (MES) allows it to build two unique products, Ford Taurus and Ford Edge FEMs, on the same line with world-class fit and finish. The line uses carousel manufacturing cells to allow for volume flexibility based on customer needs. Magna’s MES uses advanced code to ensure proper sequencing along with real-time process monitoring. This innovative production line also allows for in-process headlamp fixture setting, with 100 percent statistical process-control checks, that adjusts in real time on every FEM for perfect vehicle fit.
The trigger for developing this approach was that Magna needed to produce two unique FEMs while maximizing the use of valuable plant floor space. “We saw increased efficiency and cost savings and were able to deliver high-quality products to our customer exactly when they needed them,” said Morgan. “This creative solution is an excellent example of Magna’s ability to truly partner with customers to find innovative, efficient and cost-effective manufacturing processes.”
About Magna
We are a leading global automotive supplier with 309 manufacturing operations and 99 product development, engineering and sales centres in 29 countries. We have over 152,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, electronic, active driver assistance, vision, closure and roof systems. 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.
# # #
THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.