Magna Announces New Facility, Location Expansion

Magna Expanding Operations in Ontario

The growth includes a new facility in Brampton to support the Ford F-150 Lightning and future OEM programs.

Magna announced it is investing more than $470 million to expand its operations across Ontario.

The growth includes a new battery-enclosures facility in Brampton to support the Ford F-150 Lightning and future OEM programs.

In addition to the Brampton facility, Magna says it is growing in its locations in Guelph, Belleville, Newmarket, Windsor and Penetanguishene. These expansions follow new-business awards from various automakers in key product areas. They are also supported by $23.6 million in grants from the Ontario government to bring additional high-quality jobs to the region with ongoing training and development programs for employees.

Magna says the new and expanded operations are expected to bring more than 1,000 new jobs to Ontario over the next few years.

“Magna’s roots in Ontario run deep, and we are excited about opening a new facility dedicated to a strategic electrification product,” said Eric Wilds, Magna chief sales and marketing officer. “The Brampton facility, coupled with investment and growth in five existing Ontario facilities, allows Magna to keep up with customer demands across several product areas. We are excited to bring new business, more investment and additional jobs to Ontario.”  

“This investment represents another tremendous show of confidence in the growing strength and resilience of our province’s auto sector,” said Premier Doug Ford. “Together, with our industry partners, we’re putting Ontario back on the map as we build up Ontario’s electric vehicle supply chain from mining to manufacturing. The cars of the future and the batteries that power them will be built right here in Ontario, by Ontario workers.” 

You May Also Like

US New-Vehicle Buyers’ Brand Loyalty Drops To 6-Year Low

While consumers are changing brands, body-style loyalty remains strong.

Brand loyalty among U.S. consumers for new vehicles dropped to a six-year low in June, according to new analysis from IHS Markit.

Analysis of new-vehicle-registration data through June indicates that the overall brand-loyalty rate of 51% in the U.S. market is the lowest since August 2015. This decline in loyalty is inevitably due, at least in part, to the major declines in dealer inventory stemming from the global microchip shortage.

Automakers Launch New Non-Saleable Parts/Airbag Lookup Tool

More information can be found at FreePartCheck.com.

Global Light-Vehicle Sales Expected To Drop 22%

“The unexpected and sudden nature of the impacts of the pandemic are hitting the autos sector hard,” said Colin Couchman of IHS Markit.

Ford, Nationwide Offer Usage-Based Insurance

Customers in 39 states with qualifying 2020 Ford or Lincoln vehicles can purchase a policy in minutes and become eligible to save up to 40%.

The ICE Age Isn’t Over

Internal combustion engines are expected to maintain their dominant U.S. market share through 2030.

Other Posts

CITGO Enters EV Space with Pilot Program in Michigan

The CITGO location at 15551 11 Mile Road now offers both regular transportation fuel and EV charging stations.

Citgo EV Charging
GM, Honda Begin Volume Production of Fuel-Cell Systems

GM and Honda will produce fuel cells that will be two-thirds less expensive compared to Honda’s 2019 Clarity fuel cell.

GM Honda Fuel Cell
EV Charging Network IONNA Begins Operations in North America

The joint venture of seven global automakers appointed Seth Cutler as CEO.

Seth Cutler
Honda Electrified Vehicles Top 1 Million in Sales

The automaker is gearing up to begin sales of its first all-electric SUV: the Honda Prologue.

Honda Electric Vehicles