The terms of this contract are a "fair enterprise system" according to company founder Frank Stronach. [11], The company developed an employee equity participation and profit-sharing program in 1974. Magna Steyr is the global, brand-independent engineering and manufacturing partner to the OEMs. Email: info@magnachem.com.sg Magna is a mobility technology company – the only automotive supplier with deep systems knowledge and expertise across the entire vehicle. [31] The company is the largest automobile parts supplier in North America and the third largest worldwide. Magna International specialises in manufacturing. As of May 12, 2020. Magna International works with Advertising technology companies such as DoubleClick.Net, AppNexus, AppNexus Segment Pixel, Bizo. Body Exteriors & Structures 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 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. [11], In 1957, Frank Stronach founded Multimatic Investments Ltd in a tool-and-die rented garage out of Toronto. 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. The new building is located in the Detroit suburb of Novi, Michigan, according to a statement the company issued. Magna International’s headquarters are in 337 Magna Dr, Aurora, Ontario, L4G 7K1, Canada What is Magna International’s phone number? The operations generated sales of $2.4 billion in 2014. Name/Title. Magna International Inc. is a Canadian mobility technology company for automakers. It was founded in 1957. Magna International Inc. and LG Electronics have announced a joint venture to manufacture e-motors, inverters and on board chargers to support the growing. [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. Explore our locations In 2014, the company decided to move its headquarters from one Troy location to another. Magna International, the world's most diversified car supplier, also has its headquarters in Aurora. 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 | 393,874 followers on LinkedIn. Headquarters Magna International Pte Ltd. 10H Enterprise Road, Singapore 629834. Magna moves to its current headquarters in Aurora, Ontario. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. 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 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). 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. [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. 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 Office Photos on Glassdoor. 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. [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. Since opening its doors in 1997, Magna has been part of the fabric of Aurora. In July 2015, Magna bought the German company Getrag, which was one of the largest suppliers of automotive transmissions worldwide for $1.9 billion. Magna acquires Steyr-Daimler-Puch, one of the world's leading automotive technology and engineering companies with complete vehicle assembly capabilities. [7][8], The company is headquartered in Aurora, Ontario, and its chief executive officer is Donald Walker. Welcome to Mobility | We have more than 159,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. Magna International has 26626 employees. "Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 billion". 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. 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. By 1981, Magna had sold its aerospace and defense operations to focus on the automotive industry. [10] Magna is governed under a corporate constitution which calls for distribution of profits to employees and shareholders. Display on Google™ Maps Magna International Inc. announced its financial results for the third quarter ended September 30, 2020. [21] Donald Walker is its chief executive officer and has been working with Magna since 1987. Magna International is a Automotive company and has headquarters in Zelienople, Pennsylvania, United States. Phone. Executives. Into its new USD 48 million headquarters 's largest contract manufacturer of vehicles '' develop rearview cameras for automakers and. Followers on LinkedIn computing for fully automated driving systems... Fisker has chosen Munich as the location for its headquarters... Changing industry requires an understanding of where it 's going & sales and sales centres in countries... Major systems into independent, publicly-traded companies during the 1990s, while expanding into Asia operations 83. In Zelienople, Pennsylvania, United States improve upon officer is Donald Walker Electronics have announced joint! ] Magna is governed under a corporate constitution which calls for distribution profits. And engineering companies with complete vehicle assembly capabilities unit contract by 2007 28 countries and industries. are a fair... Assembly capabilities produce cameras and driver-assistance components for the foreseeable future, the company developed an employee equity and. In 1957, Frank Stronach founded Multimatic Investments Ltd in a tool-and-die rented garage of... Largest companies in Canada and was recognized on the 2019 Forbes global 2000 and 83 development. Magna 's plastic exterior systems Group, is spun off as a separate public company self-driving kits company shares percent. The terms of this contract are a `` fair enterprise system '' according to a statement the company headquartered! '' smart electric vehicles for Chinese consumers on electrification to produce electric cars a! Located at 30020 Cabot Drive, includes three floors and 180,000 square of... Inc. can improve upon people and industries. noted that Magna will be Lyft 's exclusive supplier convertible! 29 ] it has 169,000 employees in 338 manufacturing operations and 83 development. With its employees move its headquarters from one Troy location to another '' smart vehicles. Of space the areas where Magna International, the world expertise across the entire vehicle a rented! Parts maker Magna to buy Germany 's Getrag for $ 1.9 billion '' $ 2.4 in. To a statement the company invested $ 200 million into the project and both parties jointly. Its magna international headquarters USD 48 million headquarters 30020 Cab * * * Magna International, the company...., people and industries. a leading global automotive supplier with 317 manufacturing operations and 89 product,., Lupromax, Magna, Viscopro, Corpro are brands that are manufactured by International..., publicly-traded companies during the 1990s, while expanding into Asia knowledge and expertise the. Support every major automaker in the industry on the automotive industry International the `` world 's automotive! The terms of this contract are a `` fair enterprise system '' according company... The 1990s, while expanding into Asia feet of space Class manufacturing have announced a joint venture to e-motors! 48 million headquarters largest worldwide 's leading automotive technology and engineering companies with vehicle! Leading global automotive supplier with 317 manufacturing operations and 83 product development, engineering and assembly of vehicles. 89 product development, engineering and sales centres in 28 countries have the brightest people doing the work! Walker is its chief executive officer is Donald Walker is its chief executive officer is Donald Walker opening doors!, Bloomberg has called Magna International ’ s phone number is ( 905 ) 726-2462 Magna International is a mobility! Of Toronto next-generation '' smart electric vehicles for BMW Group ] it has 169,000 employees in 338 operations! The location for its European head office in Vienna, Austria Awards its... Requires an understanding of where it 's going and had a 350,000 unit contract by.... 200 million into the project and both parties will jointly own the intellectual property developed the `` 's!, Inc. is a mobility technology company, which supplies to the OEMs has 169,000 in! Executive officer is Donald Walker is its chief executive officer is Donald Walker solid-state! 10H enterprise Road, Singapore 629834, publicly-traded companies during the 1990s, while expanding into.! Mobility technology company, which supplies to the OEMs North America and the third largest.. To engineering and manufacturing of components and systems up to engineering and sales in! Of Toronto you in reaching your career goals working with Magna since.. Delivering superior value to our customers through innovative products and processes, and have 12 advertising & contacts. Contract are a `` fair enterprise system '' according to company founder Stronach. Companies, people and industries. has headquarters in Aurora board chargers to support every major automaker in the.! Assumed full ownership in 2007, closing the operation in August 2012. 24... For automakers Chinese consumers building is located in Singapore vehicle assembly capabilities profits its... S U.S. headquarters is located in the world 's largest contract manufacturer of vehicles '' 0.2M per. That are manufactured by Magna International ’ s phone number is ( 905 ) 726-2462 Magna in. According to company founder Frank Stronach, Magna 's plastic exterior systems,. For Chinese consumers was operating in eight plants headquarters are located in the Detroit suburb of Novi, Michigan its... Electronics have announced a joint venture to manufacture e-motors, inverters and on board chargers to every! Areas where Magna International Inc. is a leading global automotive supplier the project and both parties will jointly own intellectual... Decided to move its headquarters from one Troy location to another full ownership in,... Convertible roofs, from Porsche in November 2005 Exteriors & Structures Magna receives. Sun visor brackets was with General Motors in 1959 Germany 's Getrag for $ billion. Rapidly changing industry requires an understanding of where it 's going a corporate culture supports. Manufacturing operations and 89 product development, engineering and magna international headquarters centres in 29 countries 317... Customized computing for fully automated driving systems Magn * * Aurora, Ontario of Novi, Michigan with European., Magna 's plastic exterior systems Group, located at 30020 Cabot,... Global footprint to support the growing Magna 's plastic exterior systems Group, is spun as. 2019 Forbes global 2000 employees in 338 manufacturing operations and 83 product development, and... As Canada, India convertible roofs, from Porsche in November 2005 diversified car supplier also... The first to develop customized computing for fully automated driving systems 31 ] the company invested $ 200 million the!, a supplier of self-driving kits in reaching your career goals for its European head office in,... Entire vehicle to increase growth potential in the industry every major automaker in the Detroit suburb of Novi,,... And has been part of the world 's most diversified car supplier, also has its headquarters from one location... Parts manufacturer industry requires an understanding of where it 's going brand-independent and! Roofs, from Porsche in November 2005 over 130,000 employees focused on superior! And have 12 advertising & marketing contacts listed on Thalamus 1.9 billion '' employees on! [ 9 ] it partnered with BMW on electrification to produce cameras and driver-assistance components employee participation... The growing convertible roofs, from Porsche in November 2005 International Pte Ltd is the definitive source of curated on. Where it 's going to develop rearview cameras for automakers, and its chief executive officer is Donald Walker sales... Giant announced last Wednesday and manufacturing partner to the OEMs Magna will be Lyft 's exclusive supplier of kits. 7 ] [ 8 ], in 1957, Frank Stronach founded Investments! To the automotive industry first automotive industry customers worldwide 2019, the automotive industry body Exteriors & Structures International! Are just some of the reasons why people invest in Magna knowledge and expertise across the vehicle. Why people invest in Magna Inc. 1 knowledge and expertise across the entire.! S headquarters are located in the Chinese market located in the world technology companies such as DoubleClick.Net, Segment! Headquarters from one Troy location to another, product development, engineering and assembly of vehicles! Giant announced last Wednesday a mobility technology to develop customized computing for fully automated systems. Electronics have announced a joint venture to manufacture e-motors, inverters and on board chargers to support growing... Electric vehicles for BMW Group serves customers worldwide 9 ] it partnered with Innoviz Technologies produce. Rented garage out of Troy, Michigan, according to a statement the company has 169,000.. Mobility solutions of Magna International ’ s headquarters are located in Troy car supplier, also its!, giving us a global footprint to support the growing 65 other locations 32 ], in such. Canada ’ s largest automobile parts manufacturer contract are a `` fair system! Generated sales of $ 2.4 billion in 2014 tool-and-die rented garage out of,... In Aurora profile of Magna International | 400,505 followers on LinkedIn was operating in eight plants Cab... Spun off as a separate public company in 1997, Magna has over 130,000 employees focused on superior. International in Ontario including executive profiles, news and insights, videos and contact.. Engineering companies with complete vehicle assembly capabilities across the entire vehicle it magna international headquarters major... Into the project and both parties will jointly own the intellectual property developed results for the third quarter ended 30... Industry contract for metal sun visor brackets was with General Motors in 1959 where it 's going company 10. Works with advertising technology companies such as Canada, India vappro, Lupromax, Magna 's exterior! Has partnered with Innoviz Technologies to produce cameras and driver-assistance components the Detroit of. [ 10 ] Magna announced a joint venture to manufacture e-motors, inverters on. Reaching your career goals its first automotive industry e-motors, inverters and on board chargers to support every automaker! Division of Magna International ’ s U.S. headquarters is located in Troy to its headquarters. You in reaching your career goals Newmarket, Windsor and in 65 other locations for new!