Magna Systems International has been servicing a broad client base both nationally as well as internationally for over 18 years with headquarters located in Southfield, mi . Innovation and world-class manufacturing are just some of the reasons why people invest in Magna. [10], In 2002, Magna International announced that it had reached an agreement with DaimlerChrysler to acquire its Austrian-based Eurostar Automobilwerk operation. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. Where are Magna International offices? [33] Magna has partnered with BMW on electrification to produce electric cars on a contract basis. Name/Title. Magna is a leading global automotive supplier with 317 manufacturing operations and 83 product development, engineering and sales centres in 29 countries. Website www.magna.com. Magna purchased CTS Fahrzeug-Dachsysteme, a supplier of convertible roofs, from Porsche in November 2005. Decoma International Inc., Magna's plastic exterior systems group, is spun off as a separate public company. [10] Magna is governed under a corporate constitution which calls for distribution of profits to employees and shareholders. Decoma International Inc., Magna's plastic exterior systems group, is spun off as a separate public company. The current Magna International global headquarters in Aurora, Ont., is a chateau-like building that came to symbolize the extravagance of company founder Frank Stronach. Magna International has 26626 employees . It is one of the largest companies in Canada and was recognized on the 2019 Forbes Global 2000. Magna International’s phone number is (905) 726-2462 Magna International has 26626 employees. [13], Magna began designing automotive rearview cameras for Hummers in 2005 on its production line in Michigan, which were not a federal requirement at the time. The company has produced more than 46 million components and opened a $66.5 million plant to produce cameras and driver-assistance components. Magna International Inc.'s offer for General Motors Corp.'s Opel unit is preferred by German regional governments over a bid from Fiat SpA, according to a state minister involved in the talks. Stronach took Multimatic Investments public in 1969 through a merger with Magna Electronics Corporation, an aerospace, defense and industrial components company, and became known as Magna International in 1973. In 2014, the company decided to move its headquarters from one Troy location to another. Magna Europe Headquarters. We have the brightest people doing the best work in the industry. 337 Magn***** Aurora, Ontario L4G 7K1 - Canada . [22], Magna is governed under a corporate constitution, and requires consensus from management, shareholders and employees to make any changes. [11], The company developed an employee equity participation and profit-sharing program in 1974. Vappro, Lupromax, Magna, Viscopro, Corpro are brands that are manufactured by Magna International and marketed by Magna Group of companies. Donald J … Reuters. [11] Its first automotive industry contract for metal sun visor brackets was with General Motors in 1959. [11], In 1957, Frank Stronach founded Multimatic Investments Ltd in a tool-and-die rented garage out of Toronto. Magna International Inc. is known as North America’s largest global automotive supplier. Magna Steyr is the global, brand-independent engineering and manufacturing partner to the OEMs. Visita Magna Mobility. They are headquartered at Aurora, Ontario, Canada, and have 12 advertising & marketing contacts listed on Thalamus. Magna International said on Friday that three-quarters of its common shareholders had approved a buyout plan to end the voting control now held by the company’s founder and chairman, Frank Stronach. Magna Steyr’s capabilities range from development and manufacturing of components and systems up to engineering and assembly of complete vehicles. Magna International. Its operating groups include Magna Steyr, Magna Powertrain, Magna Exteriors and Interiors, Magna Seating, Magna Closures, Magna Mirrors, Magna Electronics and Cosma International. Magna International works with Advertising technology companies such as DoubleClick.Net, AppNexus, AppNexus Segment Pixel, Bizo. Magna International is a public company company. Products . Magna International Inc. Corporate Headquarters Given the COVID-19 pandemic, call ahead to verify hours, and remember to practice social distancing 2 Tips and reviews [31] The company is the largest automobile parts supplier in North America and the third largest worldwide. By 1981, Magna had sold its aerospace and defense operations to focus on the automotive industry. Magna International is a Automotive company and has headquarters in Bengaluru, Karnataka, India. Magna es una empresa de tecnología de movilidad, el único proveedor del sector automovilístico con conocimiento y experiencia profundos de los sistemas en todo el vehículo. [36], In 2015, Magna's SmartLatch, an industry-first, 100 percent electronic door latching system, was named a finalist for the 2016 Automotive News PACE Awards. Display on Google™ Maps Magna acquires Steyr-Daimler-Puch, one of the world's leading automotive technology and engineering companies with complete vehicle assembly capabilities. [35] Goldman Sachs has reported that automated features developed by suppliers such as Magna will produce a 42 percent compound annual growth rate in global revenue over the next decade.[31]. I am pleased to announce that the Executive Leadership Team for automotive giant, Magna International Inc., has announced that they have decided to maintain their global headquarters in Aurora by signing an extension to their current lease. About Magna International Inc Offering a corporate culture that supports you in reaching your career goals. 30020 Cab***** Magna leases its current Aurora headquarters from Granite REIT, a real estate investment trust and successor to MI Developments Inc., which had been Magna’s real estate division. The international auto parts giant Magna International Inc. has announced it will push back the construction of a new headquarters in King Township until 2022. Magna International, Inc. Corporate Office . Magna International’s headquarters are in 337 Magna Dr, Aurora, Ontario, L4G 7K1, Canada What is Magna International’s phone number? Retrieved 2016-04-08. Magna International, the world's most diversified car supplier, also has its headquarters in Aurora. Magna International receives up to 0.2M pageviews per day, in countries such as Canada, India. 1 BACKGROUND INFORMATION Magna International Inc. (Magna) is a manufacturer of automobile parts since its inception in 1957 (At the time was called Multimatic Investments Limited). The operations generated sales of $2.4 billion in 2014. About Magna International Inc Offering a corporate culture that supports you in reaching your career goals. [9] It has 169,000 employees in 338 manufacturing operations and 89 product development, engineering and sales centres in 28 countries. [32], It uses mobility technology to develop customized computing for fully automated driving systems. [17] The company sold its interiors business, which includes door and instrument panels, overhead systems and cargo management parts, to Grupo Antolin in August 2015. The company supplied the complete electric drivetrain on the Ford Focus Electric, which was awarded the 2011 Green Car Vision Award at the 2011 Washington Auto Show. [34] The company is also known for using new materials for "lightweighting" vehicles. Magna is one of the largest automotive suppliers in the world and the only one with a holistic view of the entire vehicle, including the integrated electronic components that connect everything together. The facility, located at 30020 Cabot Drive, includes three floors and 180,000 square feet of space. The new building is located in the Detroit suburb of Novi, Michigan, according to a statement the company issued. Magna International Inc. and LG Electronics have announced a joint venture to manufacture e-motors, inverters and on board chargers to support the growing. Founded by Frank Stronach, Magna has since become Canada’s largest automobile parts manufacturer. Magna acquires Steyr-Daimler-Puch, one of the world's leading automotive technology and engineering companies with complete vehicle assembly capabilities. Magna technologies that received PACE Awards in recent years include its BlindZone outside mirror (2009), Infinity rearview mirror (2012), laser-welded, hot-stamped door ring (2014, in partnership with Honda and ArcelorMittal) and PureView seamless sliding window (2015). [2] The company is the largest automobile parts manufacturer in North America by sales of original equipment parts, it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. It was also noted that Magna will be Lyft's exclusive supplier of self-driving kits. Magna International, Inc. is a mobility technology company, which supplies to the automotive industry. Explore our locations ↑ Magna International moving headquarters to King City, Ont ↑ Magna International Unit to Buy Daimler's Eurostar Operations ↑ New Process Gear stops production this week after 124 years ↑ Rocha, Euan (2015-07-16). Magna is racing to transform the mobility landscape. [11] As of 2019, the company has 169,000 employees. Weakness of Magna International Inc. – Internal Strategic Factors . [19] Magna announced a partnership with BAIC Group in June 2018 to develop "next-generation" smart electric vehicles for Chinese consumers. [25][26], In 2018, the company acquired Haptronik GmbH, a German motion control software developer,[27] OLSA S.p.A., an Italian automotive lighting manufacturer,[28] and Viza Geca SL, a Spanish automotive seating company. In 2014, the company decided to move its headquarters from one Troy location to another. Learn more about our Formula E team. Community-created profile of Magna International in Ontario including executive profiles, news and insights, videos and contact information. Our operations span five continents and 27 countries, giving us a global footprint to support every major automaker in the world. Magna Europe Headquarters. It was founded in 1957. By the end of 2017, Automotive supplier Magna International will move its corporate headquarters from the Loire Valley fortress like building in Aurora, ON (about 50km. ↑ Magna International moving headquarters to King City, Ont ↑ Magna International Unit to Buy Daimler's Eurostar Operations ↑ New Process Gear stops production this week after 124 years ↑ Rocha, Euan (2015-07-16). It is one of the largest companies in Canada and was recognized on the 2019 Forbes Global 2000. Strategy is about making choices and weakness are the areas where a firm can improve using SWOT analysis and build on its competitive advantage and strategic positioning. Magna is a mobility technology company – the only automotive supplier with deep systems knowledge and expertise across the entire vehicle. Magna International Office Photos on Glassdoor. In July 2015, Magna bought the German company Getrag, which was one of the largest suppliers of automotive transmissions worldwide for $1.9 billion. It was founded in 1957. Greater Toronto Area - Wikipedia The local economy has been dominated by automotive manufacturing, with two plants operated by Magna International, the Ford St. Thomas Assembly in nearby Talbotville, and a Sterling Trucks assembly plant. [32] In 2018, it introduced an Icon radar system to help automakers reach Level 5 autonomy as well as automatic emergency braking systems. Magna International Inc. is a global automotive supplier headquartered in Aurora, Ontario, Canada.It is North America's largest automobile parts manufacturer, and one of Canada's largest companies. Magna's Active Aerodynamics Team: Harnessing the Wind, Composite Space Frame: A Different Animal, Magna and First Robotics: Mentoring Future Engineers, Five Ways Wearable Tech Can Improve Manufacturing, Magna FREEFORM Seat Technology: A Designer's Dream, Virtual Reality: From Vehicle Concept to Production. Magna International’s U.S. headquarters is located in Troy. Magna International receives up to 0.2M pageviews per day, in countries such as Canada, India. Magna International Japan Inc. Nihonbashi Plaza Building 6F 2-3-4 Nihonbashi, Chuo-ku, Tokyo 103-0027, Japan; Noriyuki Muramatsu +81 3 3548 0310; noriyuki.muramatsu(at)magna.com Magna International, the world's most diversified car supplier, also has its headquarters in Aurora. They are headquartered at Aurora, Ontario, Canada, and have 12 advertising & marketing contacts listed on Thalamus. Magna's 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. Since opening its doors in 1997, Magna has been part of the fabric of Aurora. 1-905-726-2462. Phone. Magna moves to its current headquarters in Aurora, Ontario. Reuters. Magna has over 130,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. Magna International’s U.S. headquarters is located in Troy. Magna International Pte Ltd is the headquarters of Magna Group, located in Singapore. As of May 12, 2020. Executives. [3][4] It produces automotive systems, assemblies, modules, and components,[5] which are supplied to General Motors, Ford Motor Company and FCA,[6] as well as BMW, Mercedes, Volkswagen and Tesla Motors, among others. Magna International specialises in manufacturing. Magna Seating of America, Inc. U.S. Headquarters. Magna’s headquarters are located in Aurora, Ontario. Community-created profile of Magna International in Ontario including executive profiles, news and insights, videos and contact information. Our operations span five continents and 27 countries, giving us a global footprint to support every major automaker in the world. Mobility for Everyone. Magna International | 400,505 followers on LinkedIn. Magna International said on Friday that three-quarters of its common shareholders had approved a buyout plan to end the voting control now held by the company’s founder and chairman, Frank Stronach. Email: info@magnachem.com.sg Its United States operations are headed out of Troy, Michigan with its European head office in Vienna, Austria. Headquarters Aurora. The acquisition worked to increase growth potential in the Chinese market. "Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 billion". The seating division of Magna International Inc. has formally moved into its new USD 48 million headquarters. "Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 billion". Magna International is a public company. The international auto parts giant Magna International Inc. has announced it will push back the construction of a new headquarters in King Township until 2022. Magna International Inc. Corporate Headquarters Given the COVID-19 pandemic, call ahead to verify hours, and remember to practice social distancing 2 Tips and reviews Magna International is a Automotive company and has headquarters in Bengaluru, Karnataka, India. Magna is one of the largest automotive suppliers in the world and the only one with a holistic view of the entire vehicle, including the integrated electronic components that connect everything together. Magna’s global headquarters will stay in Aurora for the foreseeable future, the automotive giant announced last Wednesday. Fax: +65 6785 1497 . Magna moves to its current headquarters in Aurora, Ontario. We are a mobility technology company and one of the world's largest automotive suppliers with 347 manufacturing operations and 94 product development, engineering and sales centres in 27 countries. Retrieved 2016-04-08. [20], Magna International is headquartered in Aurora, Ontario, and has 338 manufacturing operations and 89 product development, engineering and sales centres in 28 countries. TROY, Mich., January 30, 2017 — Magna International Inc. announced today its seating business has moved into a new, state-of-the-art headquarters in Novi, Michigan. Weakness are the areas where Magna International Inc. can improve upon. Magna International’s phone number is (905) 726-2462 Magna International’s headquarters are in 337 Magna Dr, Aurora, Ontario, L4G 7K1, Canada What is Magna International’s phone number? Magna International, Inc. is a mobility technology company, which supplies to the automotive industry. Fisker recently announced a strategic cooperation with Magna International supporting the co-development and manufacture of the Fisker Ocean SUV, projected to launch in Q4 2022. [37], Bloomberg has called Magna International the "world's largest contract manufacturer of vehicles". It assumed full ownership in 2007, closing the operation in August 2012.[24]. Magna International | 400,505 followers on LinkedIn. ... Fisker has chosen Munich as the location for its European headquarters. Magna has also been recognized with several Automotive News PACE Awards for its innovations. Magna International Inc. announced its financial results for the third quarter ended September 30, 2020. As of May 12, 2020. Global Reach. Magna International has 26626 employees. Headquarters Magna International Pte Ltd. 10H Enterprise Road, Singapore 629834. It began decentralizing major systems into independent, publicly-traded companies during the 1990s, while expanding into Asia. [38], https://fortune.com/company/magna-international/global500/, Magna International to open local plant at Rockmill Industrial Park, "Samsung Acquires Magna International's EV Battery-pack", "Magna International: A Short SWOT Analysis", "Tesla could escape 'production hell' for its Model 3 — but it would require a huge leap", "Magna CEO on AVs: Big growth is in Level 2, Level 3", "Magna Continues to Expand in Morocco With New Mirrors Facility", Magna announces partnership to build electric vehicles in China, Magna opens $50 million Michigan factory geared toward cameras, Samsung SDI to Acquire Magna International’s Battery Pack Business, How Magna International Inc is looking to startups for the next big thing in the auto industry, "Grupo Antolin completes purchase of Magna interiors unit", "Magna to supply Lyft with kits to make self-driving autos", https://www.ctvnews.ca/business/magna-ceo-don-walker-to-retire-at-end-of-2020-seetarama-kotagiri-named-as-next-ceo-1.5152382, Magna International moving headquarters to King City, Ont, "Canada's outstanding CEO of the year: Magna's Donald Walker leads auto parts maker to the top", Magna International Unit to Buy Daimler's Eurostar Operations, New Process Gear stops production this week after 124 years, "Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 billion", Magna International to Buy Getrag of Germany for $1.9 Billion, Magna signs deal to acquire motion control specialist Haptronik, Magna International to buy lighting products maker Olsa for $267 million, Magna agrees to buy Spanish auto seat maker Viza Geca, "BMW's self-driving cars of the future will have 3D vision", "Magna International Inc gears up for 42% revenue boom over the next decade as cars get more complicated", "Magna International joins team developing automated driving systems", "Magna takes 'significant step' in enabling fully autonomous vehicles", "Magna International Inc to build BMW's new hybrid as the world's only contract auto manufacturer", "Magna To Share Its Vision Of Future Mobility At IAA Frankfurt", "How Magna's electrified Focus wowed Ford", A car company you've never heard of is about to have its moment, https://en.wikipedia.org/w/index.php?title=Magna_International&oldid=995375673, Companies listed on the New York Stock Exchange, Companies listed on the Toronto Stock Exchange, Companies based in the Regional Municipality of York, Multinational companies headquartered in Canada, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 December 2020, at 18:22. Address. Greater Toronto Area - Wikipedia The local economy has been dominated by automotive manufacturing, with two plants operated by Magna International, the Ford St. Thomas Assembly in nearby Talbotville, and a Sterling Trucks assembly plant. Company will likely vacate Newmarket, Aurora facilities, including Magna Drive offices The company shares 10 percent of pretax profits with its employees. The seating division of Magna International Inc. has formally moved into its new USD 48 million headquarters. Magna International Inc. is a Canadian mobility technology company for automakers. Magna International, Inc. Corporate Office . As the company considered It was founded in 1957. The company is the largest automobile parts manufacturer in North America by sales of original equipment parts, it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. The terms of this contract are a "fair enterprise system" according to company founder Frank Stronach. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. Magna International is a public company. Magna International Japan Inc. Nihonbashi Plaza Building 6F 2-3-4 Nihonbashi, Chuo-ku, Tokyo 103-0027, Japan; Noriyuki Muramatsu +81 3 3548 0310; noriyuki.muramatsu(at)magna.com [23], Magna acquired 80% of New Venture Gear, once a joint venture between General Motors and Chrysler, in September 2004, and combined it into Magna Powertrain. We are a mobility technology company and one of the world's largest automotive suppliers with 347 manufacturing operations and 94 product development, engineering and sales centres in 27 countries. [13] In October 2020, it was announced that Walker would retire as CEO at the end of 2020, with Seetarama Kotagiri replacing him. Magna Systems International has been servicing a broad client base both nationally as well as internationally for over 18 years with headquarters located in Southfield, mi . The company invested $200 million into the project and both parties will jointly own the intellectual property developed. Headquarters Aurora. CANADA - MAY 20: A sign stands outside the headquarters of Magna International Inc., in Aurora, Ontario, Canada, on Wednesday, May 20, 2008. [12], By the late 1960s, the company was operating in eight plants. CANADA - MAY 20: A sign stands outside the headquarters of Magna International Inc., in Aurora, Ontario, Canada, on Wednesday, May 20, 2008. The sale to Grupo Antolin included 36 plants and 12,000 employees in Europe, North America and Asia, about 10 percent of the Magna's global workforce at the time. Magna International is a Automotive company and has headquarters in Zelienople, Pennsylvania, United States. 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