Magna has also been recognized with several Automotive News PACE Awards for its innovations. It is one of the largest companies in Canada and was recognized on the 2019 Forbes Global 2000. [11], In 1957, Frank Stronach founded Multimatic Investments Ltd in a tool-and-die rented garage out of Toronto. It was one of the first to develop rearview cameras for automakers, and had a 350,000 unit contract by 2007. It assumed full ownership in 2007, closing the operation in August 2012.[24]. [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. Decoma International Inc., Magna's plastic exterior systems group, is spun off as a separate public company. Retrieved 2016-04-08. Magna International specialises in automotive. 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. 30020 Cab***** 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. "Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 billion". It’s the headquarters of Magna International Inc., the world’s biggest contract manufacturer of cars, which helps steer automakers through the laborious stages of design, engineering and assembly. Phone. Staying ahead of a rapidly changing industry requires an understanding of where it's going. [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. 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 seating division of Magna International Inc. has formally moved into its new USD 48 million headquarters. 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 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. Magna International receives up to 0.2M pageviews per day, in countries such as Canada, India. 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. 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. Global Reach. Donald J … 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. 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. They are headquartered at Aurora, Ontario, Canada, and have 12 advertising & marketing contacts listed on Thalamus. We have the brightest people doing the best work in the industry. In 2014, the company decided to move its headquarters from one Troy location to another. Mobility for Everyone. [9] It has 169,000 employees in 338 manufacturing operations and 89 product development, engineering and sales centres in 28 countries. Display on Google™ Maps [34] The company is also known for using new materials for "lightweighting" vehicles. 337 Magna Drive Aurora, ON L4G 7K1 Canada. 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 . Magna International is a Automotive company and has headquarters in Zelienople, Pennsylvania, United States. Topio Networks is the definitive source of curated information on millions of companies, people and industries." Where are Magna International offices? It was founded in 1957. [37], Bloomberg has called Magna International the "world's largest contract manufacturer of vehicles". Retrieved 2016-04-08. Email: info@magnachem.com.sg Magna International has 26626 employees. Magna International’s headquarters are in 337 Magna Dr, Aurora, Ontario, L4G 7K1, Canada What is Magna International’s phone number? Magna Steyr’s capabilities range from development and manufacturing of components and systems up to engineering and assembly of complete vehicles. 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], It uses mobility technology to develop customized computing for fully automated driving systems. Magna International’s headquarters are in 337 Magna Dr, Aurora, Ontario, L4G 7K1, Canada What is Magna International’s phone number? Magna’s global headquarters will stay in Aurora for the foreseeable future, the automotive giant announced last Wednesday. Magna International | 400,505 followers on LinkedIn. [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. ↑ 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 International works with Advertising technology companies such as DoubleClick.Net, AppNexus, AppNexus Segment Pixel, Bizo. Magna International headquarters is located at 377 Magna Dr, Aurora. They are headquartered at Aurora, Ontario, Canada, and have 12 advertising & marketing contacts listed on Thalamus. Learn more about our Formula E team. [10] Magna is governed under a corporate constitution which calls for distribution of profits to employees and shareholders. Magna Europe Headquarters. Founded by Frank Stronach, Magna has since become Canada’s largest automobile parts manufacturer. It is one of the largest companies in Canada and was recognized on the 2019 Forbes Global 2000. ↑ 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). Products . As of May 12, 2020. [11] Its first automotive industry contract for metal sun visor brackets was with General Motors in 1959. Fax: +65 6785 1497 . Decoma International Inc., Magna's plastic exterior systems group, is spun off as a separate public company. The new building is located in the Detroit suburb of Novi, Michigan, according to a statement the company issued. Magna International serves customers worldwide. 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. [14][15], In February 2015, Samsung SDI agreed to purchase the battery pack business from Magna Steyr, an Austrian operating unit of Magna International, for $120 million. 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. Its United States operations are headed out of Troy, Michigan with its European head office in Vienna, Austria. The company invested $200 million into the project and both parties will jointly own the intellectual property developed. [19] Magna announced a partnership with BAIC Group in June 2018 to develop "next-generation" smart electric vehicles for Chinese consumers. [13] In October 2020, it was announced that Walker would retire as CEO at the end of 2020, with Seetarama Kotagiri replacing him. Reuters. 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. Executives. Magna International | 393,090 followers on LinkedIn. Vappro, Lupromax, Magna, Viscopro, Corpro are brands that are manufactured by Magna International and marketed by Magna Group of companies. Magna International’s phone number is (905) 726-2462 Magna International Pte Ltd is the headquarters of Magna Group, located in Singapore. Magna International is a Automotive company and has headquarters in Bengaluru, Karnataka, India. Magna International’s U.S. headquarters is located in Troy. Global Reach. [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. [11] As of 2019, the company has 169,000 employees. Magna International | 393,874 followers on LinkedIn. Magna acquires Steyr-Daimler-Puch, one of the world's leading automotive technology and engineering companies with complete vehicle assembly capabilities. The terms of this contract are a "fair enterprise system" according to company founder Frank Stronach. [33] Magna has partnered with BMW on electrification to produce electric cars on a contract basis. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. [10], In 2002, Magna International announced that it had reached an agreement with DaimlerChrysler to acquire its Austrian-based Eurostar Automobilwerk operation. 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). Magna International is headquartered in Aurora, Canada and has 72 office locations across 23 countries. The operations generated sales of $2.4 billion in 2014. It was founded in 1957. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. Visita Magna Mobility. Since opening its doors in 1997, Magna has been part of the fabric of Aurora. [30], During its history, Magna International has worked with automakers to advance vehicle safety and technology such as smart mobility seating systems including stow-into-floor minivan seats, exterior systems including reaction injection moulding (RIM) bumpers, advanced driver assistance systems (ADAS), blind-spot detection and lane departure warning systems. Headquarters Aurora. Magna purchased CTS Fahrzeug-Dachsysteme, a supplier of convertible roofs, from Porsche in November 2005. Magna International Inc. announced its financial results for the third quarter ended September 30, 2020. [7][8], The company is headquartered in Aurora, Ontario, and its chief executive officer is Donald Walker. Its operating groups include Magna Steyr, Magna Powertrain, Magna Exteriors and Interiors, Magna Seating, Magna Closures, Magna Mirrors, Magna Electronics and Cosma International. [29] It partnered with Innoviz Technologies to produce solid-state lidar for autonomous vehicles for BMW Group. Magna International, Inc. Corporate Office . Magna International, the world's most diversified car supplier, also has its headquarters in Aurora. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. Magna International’s U.S. headquarters is located in Troy. 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. Explore our locations 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. Tel: +65 6788 1228 . Magna has over 130,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. Magna International receives up to 0.2M pageviews per day, in countries such as Canada, India. CANADA - MAY 20: A sign stands outside the headquarters of Magna International Inc., in Aurora, Ontario, Canada, on Wednesday, May 20, 2008. Our operations span five continents and 27 countries, giving us a global footprint to support every major automaker in the world. Magna International has 26626 employees . 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 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 public company. As the company considered Magna International’s phone number is (905) 726-2462 Magna International is a public company company. [31] The company is the largest automobile parts supplier in North America and the third largest worldwide. Magna International specialises in manufacturing. Magna Seating of America, Inc. U.S. Headquarters. Magna acquires Steyr-Daimler-Puch, one of the world's leading automotive technology and engineering companies with complete vehicle assembly capabilities. Display on Google™ Maps Community-created profile of Magna International in Ontario including executive profiles, news and insights, videos and contact information. 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. 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. Headquarters Aurora. Magna Europe Headquarters. 337 Magn***** Aurora, Ontario L4G 7K1 - Canada . Our operations span five continents and 27 countries, giving us a global footprint to support every major automaker in the world. [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. Address. 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, Inc. Corporate Office . “The Magna’s unique Fair Enterprise culture, based on fairness and concern for people, recognizes that your engagement and commitment is fundamental to our business success.” It was also noted that Magna will be Lyft's exclusive supplier of self-driving kits. © 2020 Magna International Inc. All Rights Reserved. [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. [16] Magna International partnered with Argus Cyber Security after joining in a 2015 Series B funding round to access the company's security technology. [20], Magna International is headquartered in Aurora, Ontario, and has 338 manufacturing operations and 89 product development, engineering and sales centres in 28 countries. Community-created profile of Magna International in Ontario including executive profiles, news and insights, videos and contact information. Weakness of Magna International Inc. – Internal Strategic Factors . It produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford Motor Com… The new building is located in the Detroit suburb of Novi, Michigan, according to a statement the company issued. Magna International | 400,505 followers on LinkedIn. [32] In 2018, it introduced an Icon radar system to help automakers reach Level 5 autonomy as well as automatic emergency braking systems. 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. [18], In March 2018, Magna announced they will work together with the ride-share company Lyft to supply high-tech kits that turn vehicles into self-driving cars. The seating division of Magna International Inc. has formally moved into its new USD 48 million headquarters. CANADA - MAY 20: A sign stands outside the headquarters of Magna International Inc., in Aurora, Ontario, Canada, on Wednesday, May 20, 2008. 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 brightest people doing the best work in the Chinese market `` world 's largest contract of. 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