Magna opens new Serbian seating systems plant

Jaroslaw Adamowski
EUROPEAN PLASTICS NEWS

Published: October 11, 2013 1:03 pm ET
Updated: October 11, 2013 1:05 pm ET

Related to this story

Topics Automotive
Companies & Associations Magna International Inc.

Car parts manufacturer Magna International Inc. has launched a new production facility in Odžaci, Serbia. The company uses flexible polyurethane foam to produce seating systems, head restraints and armrests.

The new factory will supply its output to automotive manufacturers Renault, Ford and Smart, the company said in a statement. Located about 150km from the country's capital city Belgrade, the Odžaci-based facility operates on a total floorspace of 4,300 square meters, and it has a workforce of 300. An additional 150 jobs could be created at a later stage.

The investment in Odžaci is worth about 5.5 million euros, according to the information obtained by local media. The plant's launching event was attended by a number of senior Serbian officials including the country's First Deputy Prime Minister Aleksandar Vučić.

"For Magna Seating, today represents an exciting step forward in the expansion of manufacturing capacity of our operations in Eastern Europe," Bernhard Niggemeier, executive VP Europe for Magna Seating, said at the event.

The company's product portfolio includes seating systems, seat structure and mechanism solutions, and foam and trim products for the automotive industry, according to data from Magna.

"Magna International will have opened seven facilities in eastern Europe between 2011 and 2013 to support increased automotive production in the region," the statement said.

Headquartered in Aurora, Ontario, Magna International operates 314 facilities and 89 product development, engineering and sales centers in 29 countries. The company has a workforce of 123,000.


Comments

Magna opens new Serbian seating systems plant

Jaroslaw Adamowski
EUROPEAN PLASTICS NEWS

Published: October 11, 2013 1:03 pm ET
Updated: October 11, 2013 1:05 pm ET

Post Your Comments


Back to story


More stories

Image

Improvements to Radici's nylon line takes it into more applications

March 27, 2015 9:00 am ET

Radici Group, the Italian-headquartered materials firm, outlined the benefits of its Radilon and Radistrong nylon products at NPE 2015.    More

Image

DuPont exec: Still lots of lightweighting needed in the auto industry

March 23, 2015 6:00 am ET

In that role, Jeffrey Sternberg is responsible for bringing the breadth of DuPont advanced materials — as well as renewably sourced materials...    More

Image

How Faurecia made over a relic

March 23, 2015 6:00 am ET

Everything about Faurecia SA's interior trim plant in Saline, Mich., is big.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

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 billion 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

Upcoming Plastics News Events

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

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

More Events