- First BMW Group seat programs in Magna's history
- 230,000-square-foot just-in-time facility
- Magna's fourth manufacturing plant in South Carolina
AURORA, ON, Dec. 6, 2016 /PRNewswire/ - Magna
International Inc. announced it has won multiple new seating
programs from the BMW Group which will be supplied from a new,
state-of-the-art seat manufacturing facility in Spartanburg County, South Carolina.
(Photo: http://photos.prnewswire.com/prnh/20161206/445962 )
The company held a groundbreaking ceremony today at the site
where construction has recently started on the 230,000-square-foot
facility. The event was attended by Magna and BMW Group leadership,
as well as representatives from state and county government.
"This is a new chapter in the ongoing collaboration between
Magna and the BMW Group, as it's our first seating business award
with this valued global customer," said Mike Bisson, president of Magna Seating. "With
this investment and job creation we are extremely pleased to join
the growing automotive industry in South
Carolina."
Magna's new seating plant is expected to be operational in
June 2017 and could employ up to 480
people by 2020. The facility will feature dedicated assembly and
sequencing lines to supply seats for various BMW models at the BMW
Group's nearby assembly plant.
Magna has three manufacturing locations and employs
approximately 1,450 people in South
Carolina. The new seating facility will be Magna's fourth
location in the state.
"I congratulate Magna on this tremendous new investment in
Spartanburg County. It's exciting
to see South Carolina's automotive
sector continue to thrive, and it means that our pro-business
strategy is paying dividends," said South
Carolina Secretary of Commerce Bobby
Hitt.
ABOUT MAGNA INTERNATIONAL
We are a leading global automotive supplier with 312 manufacturing
operations and 98 product development, engineering and sales
centres in 29 countries. We have over 155,000 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.
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SOURCE Magna International Inc.