Magna
Magna
Industry
About Magna
Magna International Inc. is a leading global mobility technology company specializing in the design, engineering, and manufacturing of automotive systems, assemblies, modules, and components. With over 65 years of experience, Magna operates in 28 countries, employing approximately 166,000 people across 445 facilities.
Product Segments
The company offers a comprehensive range of products and services through four main segments:
- Body Exteriors & Structures: Provides body and chassis systems, including battery enclosures, composite battery covers, frame and structural assemblies, and energy storage systems.
- Power & Vision: Delivers high-voltage electrified products, powertrain modules and components, chassis control modules, mechatronics, mirrors, lighting solutions, and related products.
- Seating Systems: Specializes in seating systems, complex specialty mechanisms, and hardware solutions, offering a range of seating products for diverse automotive needs.
- Complete Vehicles: Provides complete vehicle engineering and manufacturing services, including contract manufacturing for various automakers.
Location and Facilities
Headquartered in Aurora, Ontario, Canada, Magna has a significant presence in the United States, with 59 facilities, including manufacturing plants and product development centers.
It also has a manufacturing plant in Michigan producing battery enclosures for electric vehicles, such as the GMC Hummer and Silverado EV.
Additionally, Magna has operations in:
- Los Angeles, CA, USA
Industry Position and Innovation
Magna's global reach and diverse product offerings position it as a key player in the automotive industry. The company is committed to advancing mobility through innovation and comprehensive vehicle solutions.