Investment, new products indicative of shift from mechanical
to electronic systems
AURORA, ON,
April 7, 2014 /CNW/ - Magna
International Inc. announced that its Magna Closures operating
unit, the global leader in latching system technology, has expanded
its Dortec manufacturing facility to begin producing electronic
systems and modules for the automotive industry. The $1.5-million expansion will create 75 new jobs
and further positions Magna Closures to meet the growing trend of
increased electronic functionality in automobiles.
Dortec, located in Newmarket,
Ontario, has established a reputation as a world-class
manufacturer of closure and latching systems for global auto
makers. With this expansion in place, Magna Closures will commence
production later this year for customers in North America, Europe and Asia. Production is expected to include
electronic control modules for power closure and roof systems, as
well as an innovative electronic latching product.
This electronic side-door latch will require no cables, rods or
moving handles in the door. The benefits will include significant
weight savings and a reduced number of components, the flexibility
to be used in any type of car or truck, and improved sound quality
and craftsmanship. Combined with the elimination of the lock rods,
release cables and handles, this latch will provide an innovative,
lower-cost door latching system to global automakers.
"We expect electronic closure and latching technologies to be a
game-changer for the industry over the next five years and they
will eventually become the future mainstream design," said
Frank Seguin, president of Magna
Closures. "With our expansion at Dortec we are well-positioned to
capitalize on this as it occurs."
About Magna Closures
Magna Closures, an operating group of Magna International Inc., has
a well-established global reputation for providing high-quality
expertise in electro-mechanical systems and electronic components
for the automotive sector, including door modules, window systems,
latching systems, power sliding doors and power liftgates. Our
engineering expertise has also been applied to the development of
solar tracking systems to support large-scale, renewable energy
projects in Ontario and globally
to provide clients with a dependable technology that can support
long-term energy objectives.
About Magna International
We are a leading global automotive supplier with 316 manufacturing
operations and 84 product development, engineering and sales
centres in 29 countries. We have over 125,000 employees focused on
delivering superior value to our customers through innovative
processes and World Class Manufacturing. Our product capabilities
include producing body, chassis, interior, exterior, seating,
powertrain, electronic, vision, closure and roof systems and
modules, as well as complete vehicle engineering and contract
manufacturing. 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.