January 11, 2012 News

Magna raises sales outlook for 2012

by Canadian Plastics

Canada’s Magna International Inc., one of the world’s biggest auto parts manufacturers, is raising sales predictions by as much as eight per cent in 2012 as it looks to new markets for growth.

January 5, 2012 News

Magna enhances seating capabilities with German purchase

by Canadian Plastics

Canadian automotive parts supplier Magna International Inc. is expanding its seating business, and also its European footprint, by purchasing a Germany-based maker of seats for buses and light trains.

December 14, 2011 News

Magna to open new Arizona manufacturing plant

by Canadian Plastics

Canadian auto parts supplier Magna International Inc. is opening a plant in Phoenix, Ariz, to make parts for solar panels.

December 1, 2011 News

Japan’s Teijin to build pilot plant for manufacture of carbon fibre composites

by Canadian Plastics

Japanese chemical supplier Teijin Ltd. has announced plans to establish the world’s first pilot plant for fully integrated production of carbon fibre reinforced thermoplastic (CFRTP) components.

November 20, 2011 News

Magna to buy BDW’s four aluminum die casting operations, launch E-Car project with GM

by Canadian Plastics

It’s been a busy week for auto parts maker Magna International.

November 18, 2011 News

From coconut husks to car parts

by Canadian Plastics

It might be the most novel use of a coconut since Gilligan and the Professor transformed one into a radio. 

November 14, 2011 News

SPE hands out annual Automotive Innovation Awards

by Canadian Plastics

The Society of Plastics Engineers (SPE) announced the winners – Canadian shops among them – of its 41st-annual Automotive Innovation Awards Competition, the oldest and largest recognition event in the automotive and plastics industries.

November 5, 2011 News

Magna reports more sales but lower earnings

by Canadian Plastics

Despite higher revenue, Canadian auto parts maker Magna International Inc.’s third-quarter 2011 earnings fell 62 per cent – a decline the company attributed to execution problems in Europe.

October 25, 2011 News

Magna sets up new China facility

by Canadian Plastics

Canadian auto parts maker Magna International Inc. continues to expand in China with the construction of a new manufacturing facility in northern China’s Tianjin municipality.

October 20, 2011 News

Accelerating production on brake pedal modules

by Canadian Plastics

While a lot of manufacturers were hunkering down during the depths of the Great Recession of 2009, injection molder KSR International decided it was time to invest to beef up its throughput of automotive brake pedal modules, electronic sensors,…

October 17, 2011 News

ABC Group expands relationship with Japan’s Inoac

by Canadian Plastics

Toronto-based Tier One auto parts supplier ABC Group Inc. has signed a global alliance agreement with Japan’s Inoac Corporation, designed to target global customer programs and strengthen global capabilities by leveraging complementary…

September 19, 2011 News

SABIC buys stake in German automotive joint venture

by Canadian Plastics

In a bid to expand its portfolio of lightweight materials, supplier SABIC Innovative Plastics has entered into an agreement to purchase an equity stake in Inpro, a joint venture dedicated to collaborative innovation in automotive production.

September 11, 2011 News

Woodbridge Group, Summa Group partnering on EPP facility in Mexico

by Canadian Plastics

In an expansion of its partnership with polyurethane supplier Summa Group, Mississauga, Ont.-based auto parts molder The Woodbridge Group is establishing a joint venture in Leon, Mexico.

September 5, 2011 News

Bio-chemical plant coming to Sarnia

by Canadian Plastics

A multi-million-dollar bio-industrial plant is slated to be built in Sarnia, Ont.

August 29, 2011 News

Magna gets Ontario funding to develop electric vehicle technology

by Canadian Plastics

In a move to advance “green” engineering in the automotive industry, parts supplier Magna International Inc. and the Ontario government will invest more than $430 million to research and develop electric vehicle (EV) technology.

August 26, 2011 News

GM develops new solvent-free part painting technology

by Canadian Plastics

Claiming to solve what it calls an “industry-wide challenge”, auto giant General Motors is introducing a flame treatment technology that lets paint stick to plastic vehicle parts like instrument and door panels without using primers that…

August 22, 2011 News

Ontario injection molder gets $1 million loan from province for auto parts line

by Canadian Plastics

Ontario-based injection molder Novo Plastics Inc. has received $1 million in support for an innovative car parts line. The money, in the form of a loan facility, is provided by the Ontario Ministry of Innovation through its Innovation…

August 15, 2011 News

Saint-Gobain acquires Solar Gard specialty films from Bekaert

by Canadian Plastics

Saint-Gobain Performance Plastics Corp. has signed an agreement with Belgium-based materials and coatings company Bekaert to buy Bekaert’s specialty films business, which operates under the name Solar Gard Specialty Films.

August 8, 2011 News

Magna expands in China

by Canadian Plastics

Magna Exteriors and Interiors, an operating unit of Aurora, Ont.-based auto parts maker Magna International Inc., is forming a joint venture to buy an existing Chinese injection molding and painting facility located in Wuhu, a city in the Anhui…

August 5, 2011 News

GM to build Cadillac sedans in Oshawa, Ont. plant

by Canadian Plastics

General Motors has announced plans to invest $117 million to prepare its assembly plant in Oshawa, Ont. to build the new Cadillac XTS sedan next year.