Magna International seeks to connect with technology ideas

By Rhoda Miel
News Editor

Published: November 7, 2012 6:00 am ET

Magna’s Tom Pilette at the Plastics in Lightweight Vehicles conference in Livonia. Mich. (Plastics News photo by George’s Photo & Video)

Related to this story

Topics Automotive, Injection Molding

LIVONIA, MICH. (Nov. 7, 4 p.m. ET) — Magna International Inc. wants to cast a wider net to draw in new technology ideas.

While the auto supplier has existing operations covering everything from injection molding to electronics to full vehicle development, Tom Pilette, vice president of product and process development, said he knows there are far more ideas out there than Aurora, Ontario-based Magna can see.

At the same time, small suppliers and startup firms with those ideas lack the contacts that Magna has within the auto industry to sell those ideas for production. Companies need to work together to get those ideas to the right people and potentially bring them into production.

“Collaboration is key,” said Pilette during the Plastics in Lightweight Vehicles conference Nov. 7 in Livonia.

As one example of the possibilities, Pilette noted that he made his first visit to the Consumer Electronics Show in Las Vegas in January, and was able to see first hand the range of new products coming onto the market in the near future — products that the bulk of the auto industry has not seen. Those items are only a part of what the auto industry, and Magna, needs to know about.

To help spur that collaboration and new technology, Magna is about to launch “Magna Innovation,” an Internet portal specifically to provide outside companies with a way to connect with the supplier and its network.

The innovation portal will be part of the Magna website, with links that will go live by the end of this year, he said.

“You would be able to click on that and see the technologies we are evaluating, and also a space where you could bring up a technology you have,” he said.

The portal will then forward those ideas to the best person to follow up for potential future development, he said. It will build on existing contacts within the Magna website and traditional relationships already in place.


Comments

Magna International seeks to connect with technology ideas

By Rhoda Miel
News Editor

Published: November 7, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Report: Suspected former Nazi with plastic connection collecting Social Security

October 20, 2014 3:52 pm ET

AKRON, OHIO — A one-time plastics executive in Akron is among dozens of suspected former Nazis who have been collecting U.S. Social Security...    More

Ford shrinks its supplier 'watch list'

October 20, 2014 1:35 pm ET

Ford purchasing chief Hau Thai-Tang says suppliers are starting to invest in additional production capacity because they think the recovery is real.    More

Molder expands in France with new clean room

October 20, 2014 1:30 pm ET

Global Closure Systems (GCS), a global injection molding producer, showed off its new ISO 7 clean room at its Astra Plastique factory in France...    More

Molder goes to auction block

October 17, 2014 12:17 pm ET

An Illinois custom injection molding operation will be auctioned off after its owner decided to close the business.    More

Image

Plastikon expanding in Kentucky

October 17, 2014 11:24 am ET

Automotive supplier Plastikon Industries Inc. plans to more than double the size of its production facility in Leitchfield, Ky.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events