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

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

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

Image

Chrysler's Busse has a surprise for you

October 16, 2014 6:00 am ET

Chrysler Group's interior design chief Klaus Busse and his team enjoy hiding what they call "Easter eggs" throughout Chrysler Group vehicles for...    More

Image

Yazaki expanding in Romania

October 16, 2014 6:36 am ET

Japanese car parts maker Yazaki Corp. has unveiled plans to open two new production facilities in Romania, reported local business daily Ziarul...    More

Image

French molder betting on growth in the auto industry, Detroit

October 14, 2014 6:00 am ET

Precision French molder AdduXi Group is opening its first factory outside of its home country — in a Detroit suburb — and the top local ex...    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