Business
Magna Celebrates Grand Opening of Exteriors Facility in Michigan
AURORA, ON , Oct. 28, 2014 /CNW/ - Magna International Inc. announced today the grand...
About this update from Magna International Inc.
[{"type":"text","content":"\n\n\n\n\n\nAURORA, ON, Oct. 28, 2014 /CNW/ - Magna International Inc. announced\n today the grand opening of DexSys, a new greenfield facility in Delta\n Township, Michigan, for the manufacture of automotive exterior\n products. Company officials were joined by Michigan Governor Rick\n Snyder, United States Senator Debbie Stabenow, members of local\n government, and executives from General Motors to celebrate the\n occasion.\n\n\nThe 290,000-square-foot, state-of-the-art injection molding and robotic\n paint line facility will employ approximately 340 people at full\n production. The facility will produce front and rear fascias for\n several vehicles within the General Motors line-up, including the\n Cadillac ATS, GMC Acadia and Buick Enclave.\n\n\n\"On behalf of Magna, I want to thank Delta Township and the state of\n Michigan for their ongoing support and collaboration on this project,\"\n said Magna Exteriors President Grahame Burrow. \"They have helped make\n it possible for us to come here and establish this world-class\n operation, and we are excited for the opportunity to support our\n customer General Motors from this new facility.\"\n\n\nWith the addition of DexSys, Magna now has 28 manufacturing operations\n and more than 10,000 employees in the state of Michigan.\n\n\nAbout Magna International \nWe are a leading global automotive supplier with 317 manufacturing\n operations and 83 product development, engineering and sales centres in\n 29 countries. We have over 130,000 employees focused on delivering\n superior value to our customers through innovative products and\n processes, and World Class Manufacturing. Our product capabilities\n include producing body, chassis, interior, exterior, seating,\n powertrain, electronic, vision, closure and roof systems and modules,\n as well as complete vehicle engineering and contract manufacturing. Our\n common shares trade on the Toronto Stock Exchange (MG) and the New York\n Stock Exchange (MGA). For further information about Magna, visit our\n website at www.magna.com.\n\n\nTHIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE \"FORWARD-LOOKING\n STATEMENTS\" UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO,\n AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT\n IN MAGNA'S REGULATORY FILINGS. PLEASE REFER TO MAGNA'S MOST CURRENT\n MANAGEMENT'S DIS...