Magna expanding operations in Ontario with $470M investment
February 15, 2023
By Manufacturing AUTOMATION
Automotive parts manufacturer Magna is investing more than $470 million to expand its operations across Ontario. The company’s expansion plans include a new battery enclosures facility in Brampton to support the Ford F-150 Lightning and future OEM programs.
In addition, the company is growing in its locations in Guelph, Belleville, Newmarket, Windsor and Penetanguishene. They are supported by $23.6 million in grants from the Ontario government to bring additional jobs to the region with ongoing training and development programs for employees.
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