Two new facilities in Sanand, Gujarat, targeting start of volume
production in 2015
AURORA, ON, Sept. 23, 2014 /PRNewswire/ - Magna International Inc. announces
the establishment of two new facilities in the Sanand region of the
state of Gujarat, India, as the company continues to expand its global
engineering and manufacturing footprint. While the new plants reflect
business awards for vehicle programs built off global-platforms, they
also help position Magna for further growth in India as vehicle
production expands.
At one of the new Sanand facilities, Magna will make complete seat
systems for a leading automaker. The 215,000-square-foot plant will
employ approximately 200 people and is expected to begin volume
production in 2015.
At Magna's second new facility in Sanand, the company will manufacture
body and chassis systems for multiple customers. The
356,000-square-foot plant will employ approximately 400 people and also
expects to begin volume production in 2015.
"Magna's growth in markets such as India reflects our customers' need
for world-class, innovative suppliers," said Jim Tobin, Chief Marketing
Officer and President of Magna Asia. "With almost a million square feet
of capacity now installed in India, we believe we are extremely
well-positioned to support the increasing vehicle production forecast
for the Indian automotive industry."
Magna's growing presence in India also includes the following existing
facilities:
-
a 279,000-square-foot body and chassis plant in Pune which performs
blanking, stamping, forming, as well as welding and assembly on
programs for customers such as General Motors, Volkswagen, Tata Motors
and Mahindra & Mahindra;
-
a 225,000-square-foot body and chassis plant in Chennai which performs
stamping, welding and assembly for customers such as Ford and Nissan in
India, as well as customers outside India;
-
a seating design and engineering center in Pune; and
-
a vacuum pump manufacturing facility in Bengaluru, serving customers
such as Maruti Suzuki, Honda Cars India, Mahindra & Mahindra,
Renault-Nissan and Tata Motors.
In addition, Magna is able to provide its customers in India broad
product and process expertise on a local basis, as well as global
program coordination through a body and chassis engineering centre in
Bengaluru, seating and full-vehicle engineering centres in Pune, and a
latch and closure engineering centre in Chennai.
Magna's current presence in India includes approximately 1,600
employees. With the two new Sanand facilities, Magna will have 11
manufacturing locations and four engineering centres.
About Magna International
We are a leading global automotive supplier with 317 manufacturing
operations and 83 product development, engineering and sales centres in
29 countries. We have over 130,000 employees focused on delivering
superior value to our customers through innovative products and
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.