Magna International Inc.


Magna launches production at Mexico thermoforming plant

September 19, 2013 2:29 pm ET

Magna International Inc. has launched production at two new plants in Mexico, one of them a 148,000-square-foot facility for the auto supplier's interiors group.


Hitting the target: Stock awards bigger piece of pay as firms tie execs to long-term performance

September 13, 2013 3:10 pm ET

In the latest executive compensation survey from Plastics News, executives on the list, as a whole, enjoyed higher equity awards last year compared with the year before. And that does follow a broader trend.


Surging auto market spurs supply-chain worries

August 22, 2013 2:10 pm ET

TRAVERSE CITY, MICH. — The good news for the North American auto industry is that vehicle production is not only up, but the expectation is that production will continue to increase during the coming years. That's also the — well, if not ...


Some unsolicited advice to 80-year-old plastics entrepreneurs

August 22, 2013 12:06 pm ET

Billionaire plastics company entrepreneurs typically don't come to me for advice, and I'm OK with that. But today I'm going to offer an unsolicited suggestion to a particularly high-profile 80-year-old former plastics company executive.Keep your...

Magna Steyr opens engineering office in China

June 25, 2013 12:35 pm ET

Magna International Inc.’s Magna Steyr unit has opened an engineering center in Shenyang, China.

Magna moving HQ to larger space in Troy, Mich.

June 11, 2013 12:14 pm ET

Magna International Inc. will relocate about 300 employees into 117,300 square feet of office space in a new Troy, Mich., headquarters by September.


Stronach aims to reshape Austria's politics

April 29, 2013 11:13 am ET

AURORA, ONTARIO -- White-haired, tanned and vigorous at 80, Frank Stronach clearly has zero interest in retiring after building North America's biggest auto parts company. Act II for the immigrant billionaire who built Magna International out of a...

Magna opens German molding plant for auto exterior parts

April 25, 2013 12:59 pm ET

MEERANE, GERMANY — Magna International Inc. has opened an injection molding plant in Meerane that will make exterior plastic parts for Volkswagen.

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