News Release - Magna Expands Mirrors Capacity in Slovakia
- Larger facility to meet growing business; 150 new jobs
- Automated paint line to start in 2019
- Plant supplies 80 different customer locations
SAILAUF,
The new facility is approximately twice the size of the previous location at 27,820 square meters. The move is complete and Magna is serving customers from the new location, with the paint line expected to be operational in early 2019.
Established more than 20 years ago, Magna's
"As our business in
TAGS
Automotive mirrors,
ABOUT MAGNA
We are a leading global automotive supplier with 327 manufacturing operations and 100 product development, engineering and sales centres in 29 countries. We have over 161,000 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
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SOURCE
INVESTOR CONTACT: Louis Tonelli, Vice-President, Investor Relations, louis.tonelli@magna.com, 905.726.7035; MEDIA CONTACTS: Tracy Fuerst, Global Director of Corporate Communications & PR, tracy.fuerst@magna.com, 248.631.5396; Rej Husetovic, Director Corporate Communications & Media Relations, rej.husetovic@magna.com, (+49-6093) 9942-5056