Magna teams with Hollingsworth to supply new Tennessee VW plant
A division of Canadian auto parts supplier Magna International Inc. and Hollingsworth Logistics Group are team...
Magna Seating, an operating group of Aurora, Ont.-based Magna International, and supply chain manager Hollingsworth will complete seat systems for Volkswagen’s mid-size sedan to be built at the automaker’s Chattanooga facility.
The joint-venture company, called Chattanooga Seating Systems, is 51 per cent owned by Dearborn, Mich.-based Hollingsworth and 49 per cent by Magna Seating.
“This joint venture strategically positions both companies for continued growth in North America,” said Joe Pittel, president of Magna Seating.