Magna Expands Mirrors Capacity in Slovakia

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[{"type":"text","content":"\n\n\n\nMagna Expands Mirrors Capacity in Slovakia\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSAILAUF, Germany, Oct. 31, 2017\n\n\n\n\nLarger facility to meet growing business; 150 new jobs\nAutomated paint line to start in 2019\nPlant supplies 80 different customer locations\n\n\nSAILAUF, Germany, Oct. 31, 2017 /CNW/ - As a result of business growth at its mirror manufacturing facility in Nove mesto nad Vahom, Slovakia, Magna has relocated to a larger facility. The company is investing $30 million USD to refurbish the building and install a new automated paint line, and the expansion will create approximately 150 new jobs at the facility.\n\n\n \n \n\n \nThe 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. \n\nEstablished more than 20 years ago, Magna's Slovakia mirrors plant, known locally as Slovteca, currently employs 630 people. Products made at the facility include exterior mirrors, prismatic and electrochromic interior mirrors, turn signals and puddle lights. Slovteca supplies approximately 20 different customers and ships to more than 80 locations worldwide. It was named a 2016 Best Place to Work in Slovakia. \n\n\"As our business in Europe continues to grow, we are making investments to deliver even greater levels of value and satisfaction to our customers,\" said John O'Hara, president of Magna Mirrors. \"To the Slovteca team I say congratulations for a strong record of performance and keep up the good work as you begin operations at your new location.\"\n\nTAGSAutomotive mirrors, Slovakia, jobs and investment\n\nABOUT MAGNAWe 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 en...

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