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Magna International News

News on Magna International (Ticker: MGA) continually updated from thousands of sources around the net.

1 hr ago | Canada NewsWire

Magna delivers industry-first technologies

With hidden-turn-signal outside mirrors and SmartLatcha , an electronic side-door latch system, Magna International supplies two innovative, industry-first systems on the BMW i8 plug-in electric sports car. With hidden-turn-signal outside mirrors and SmartLatcha , an electronic side-door latch system, Magna International supplies two innovative, industry-first systems on the BMW i8 plug-in electric sports car.

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Related Topix: Manufacturing, Automakers, Coupe, BMW i8, BMW

Tue Sep 16, 2014

Business & Heritage Clarksville

Gov. Haslam: Magna International invests $16M in Maury County operations

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty along with Magna International officials recently announced the company will expand its Maury County manufacturing operations by investing $16 million to construct a new, state-of-the-art manufacturing facility at 701 Beechcroft Road in Spring Hill. Currently located in Columbia, Magna will create 357 new jobs in Maury County over the next two years.

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Related Topix: Maury County, TN, Tennessee, Bill Haslam, US Governors, Manufacturing, Automakers, Spring Hill, TN, Cadillac SRX, Cadillac, SUV

Wed Sep 10, 2014

Plastics News

Executive pay driven by performance-based incentives

The CEO of an automotive parts giant again tops the annual Plastics News list of highest-paid industry executives, and it's the cash and stock bonuses tied to performance metrics that really set the top of the list apart. Magna International Inc. again comes in first among plastics industry's highest paid executives, with CEO Donald J. Walker bringing in $18.9 million in total compensation for 2013, according to our latest executive pay compensation ranking.

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Related Topix: Manufacturing, Automakers, Canada,

Mon Sep 08, 2014

Spend Matters

Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization

Earlier this month, Spend Matters published a story highlighting Auto News' coverage of supply chain and procurement localization at Magna International. On the surface, supply chain localization seems simple - work with local suppliers in the areas where you do business globally.

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Related Topix: Manufacturing, Automakers

Fri Sep 05, 2014

Spend Matters

Local Sourcing and Localized Supply Chains for Magma and the Automotive Industry

Auto News recently reported that Magna International , one of the top three auto suppliers based in Canada, has been rethinking its supply chain of late, noting that "local strategy and efficiency improvements as key cost-saving measures within its supply chain." In particular, supply chain localization was one of three trends within Magna's supply chain identified by Carrie Van Ess, vice president of procurement for the Americas, at a recent industry briefing.

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Related Topix: Manufacturing, Automakers

Thu Sep 04, 2014

PR-inside.com

Granite Real Estate Inc. (GRT.UN) - Financial and Strategic SWOT Analysis Review - New Market Report

The company operates through two segments Business and the Racing & Gaming Business . It is into management and ownership of industrial properties in North America and Europe.

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Related Topix: Manufacturing, Automakers

Wed Sep 03, 2014

WJRT

Magna begins construction on new Tennessee seating facility

The 122,500-square-foot facility will manufacture complete seat assemblies supplying General Motors' Spring Hill Assembly Plant.

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Related Topix: Manufacturing, Automakers

Reuters

Magna constructing new seat assembly plant in Tennessee

Magna International Inc, one of the world's largest auto parts suppliers, said on Wednesday it has begun building a manufacturing plant in Spring Hill, Tennessee that will supply a General Motors Co assembly plant.

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Related Topix: Manufacturing, Automakers, Spring Hill, TN, Canada,

Wed Aug 27, 2014

Seeking Alpha

Macro Trends Are Favorable For Magna International

Magna's latest quarter brought a 5.6% increase in the top line. This was complemented with 30% increase in the earnings.

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Related Topix: Manufacturing, Automakers, Financial Markets, Ford F-150, Ford, Truck

Mon Aug 25, 2014

AmericanBankingNews.com

Magna International Given Consensus Recommendation of "Buy" by Analysts

Magna International has been given an average recommendation of "Buy" by the fifteen analysts that are presently covering the stock, AnalystRatingsNetwork.com reports .

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Related Topix: Manufacturing, Automakers

Fri Aug 22, 2014

Bloomberg

BMO Managers Buy Magna to Tricon as U.S. Recovery Accelerates

Stock pickers at Bank of Montreal are betting improving growth in the U.S. and a dropping loonie is the perfect recipe for further gains as Canadian equities rally to all-time highs this year.

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Related Topix: Bank of Montreal, Banking, Financial Services, Financial Markets, Manufacturing, Automakers, Computers, IT Services, CGI Group, US News

Thu Aug 21, 2014

AmericanBankingNews.com

Magna International Reaches New 12-Month High at $114.40

Magna International hit a new 52-week high on Thursday , AmericanBankingNews.com reports.

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Related Topix: Manufacturing, Automakers

Wed Aug 20, 2014

AmericanBankingNews.com

Magna International (MGA) - Investment Analysts' Weekly Ratings Changes

Magna International had its price target raised by analysts at JPMorgan Chase & Co.

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Related Topix: Manufacturing, Automakers, Banking, JP Morgan Chase

Tue Aug 19, 2014

Battle Creek Enquirer

Cosma's drive to expand picks up speed in Battle Creek

In Battle Creek's Fort Custer Industrial Park sits a once-empty, 280,000-square-foot plant that its owners say now holds the future of producing lightweight vehicles.

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Related Topix: Battle Creek, MI, Manufacturing, Automakers

Automotive News

Magna CEO in a shopping mood in post-Stronach era

Magna International Inc., the largest auto supplier in North America, will consider purchases of as much as $4 billion as it distances itself from debt-averse founder Frank Stronach.

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Related Topix: Manufacturing, Automakers, Johnson Controls, Textiles, Detroit, MI, 9, Autos

Mon Aug 18, 2014

Sys-Con Media

Granite Reit Declares Monthly Distribution

Granite is a Canadian-based REIT engaged in the ownership and management of predominantly industrial, warehouse and logistics properties in .

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Related Topix: REIT, Personal Finance, Manufacturing, Automakers

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