Magna expands mirrors capacity in Slovakia
Aurora, Ont.-based Magna is expanding into a larger plant for its mirrors business in Slovakia, and will also install a new automated paint line in the building.
As a result of business growth at its mirror manufacturing facility in Nove mesto nad Vahom, Slovakia, automotive parts supplier Magna International Inc. is relocating to a larger facility in the Slovakian city.
Aurora, Ont.-based Magna is also investing US$30 million to refurbish the building and install a new automated paint line, and the expansion will create approximately 150 new jobs at the facility.
In a statement, Magna said that the new facility is approximately twice the size of the previous location at 27,820 square meters. The move is complete, with the paint line expected to be operational in early 2019.
Established more than 20 years ago, Magna’s Slovakia mirrors plant, known locally as Slovteca, currently employs 630 people. Products made at the facility include exterior mirrors, prismatic and electrochromic interior mirrors, turn signals and puddle lights. Slovteca supplies approximately 20 different customers and ships to more than 80 locations worldwide. It was named a 2016 Best Place to Work in Slovakia.
“As our business in Europe continues to grow, we are making investments to deliver even greater levels of value and satisfaction to our customers,” said John O’Hara, president of Magna Mirrors.