Magna investing $81 million in new plastics plants

By Rhoda Miel
News Editor

Published: January 24, 2013 2:23 pm ET

Related to this story

Topics Automotive, Injection Molding, Automotive parts
Companies & Associations Magna International Inc.

AURORA, ONTARIO -- Magna International Inc. will invest $81.75 million to build two new Michigan plastics facilities, with injection molding, painting and assembly.

The auto supplier's Cosma International unit is also spending $162 million for a die casting operation in Battle Creek, Mich., the Michigan Economic Development Corp. announced Jan. 23.

Final details have not been determined yet for the Magna Exteriors and Interiors operations, company officials said. Those decisions include the final site for a molding and painting site in the Lansing, Mich., suburb of Delta Township. The Magna site will operate under the company's Norplas Industries Inc. manufacturing division.

Aurora, Ontario-based Magna will also build a light assembly and sequencing facility in the Detroit suburb of Brownstown Township to produce front-end modules. Front-end modules can include a variety of plastics, including bumper fascia and lighting.

Both Delta Township and Brownstown Township are offering property tax abatements to help finance the projects.


Comments

Magna investing $81 million in new plastics plants

By Rhoda Miel
News Editor

Published: January 24, 2013 2:23 pm ET

Post Your Comments


Back to story


More stories

MGS buying N.Y. medical molding plant from Hospira

April 17, 2014 10:19 pm ET

MGS Manufacturing Group is purchasing the Buffalo, N.Y., injection molding facility and related product line of Hospira Inc., effective July 1. Terms ...    More

Image

German auto supplier Dr. Schneider opens second US plant

April 17, 2014 12:57 pm ET

Dr. Schneider Kunststoffwerke GmbH, a German supplier of plastic interior auto parts, has opened a $29 million manufacturing plant in Russell Springs,...    More

Image

Adding flavor to capture sales

April 16, 2014 4:03 pm ET

Water bottles increasingly are designed and molded with filters and infusers to hold fruit, vegetables or herbs to give water a different taste.    More

Huntingdon Fiberglass launching second line

April 16, 2014 2:18 pm ET

Huntingdon Fiberglass Products LLC is getting set to start up a second production line later this year and hire 15-20 new employees as it sees demand ...    More

New Tigre, ADS JV aims to open more doors for Tigre in US

April 16, 2014 12:15 pm ET

A new joint venture between Tigre S.A. Brazil, a leading PVC pipe maker, and Advanced Drainage Systems Inc., the world's largest high-density polyethy...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events