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Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and was recognized on the 2020 Forbes Global 2000. [ 3 ] The company is the largest automobile parts manufacturer in North America by sales of original equipment parts; it has ranked consistently in the Fortune Global 500 list ...
Walker began his career in the automotive industry working for General Motors. From 1980 to 1987, he held various engineering and manufacturing positions at the company. In 1987, wanting to start his own automotive company, he met with Frank Stronach, founder of Magna International, to see if he would be interested in establishing a joint ...
Tesma was privatized again by Magna in December 2004. [5] [6] In 2005, Magna merged Magna Drivetrain with Tesma to form Magna Powertrain. [7] In July 2015 Magna Powertrain acquired Getrag, a major transmission manufacturer, for $1.9 billion. [8] The acquisition gave Magna Powertrain access to Getrag's transmission systems, including recent ...
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Frank Stronach CM (born 6 September 1932) is an Austro-Canadian billionaire businessman and politician.. Frank Stronach (2013) He is the founder of Magna International, an international automotive parts company based in Aurora, Ontario, Canada, Granite Real Estate, and the Stronach Group.
Magna Steyr Fahrzeugtechnik GmbH & Co KG is an automobile manufacturer based in Graz, Styria, Austria, where its primary manufacturing plant is also located. It is a subsidiary of Canadian-based Magna International and was previously part of the Steyr-Daimler-Puch conglomerate.
Magna, genus of the family Erebidae; Magna (paint), brand name of an acrylic resin paint; Magna Science Adventure Centre, educational visitor attraction in Rotherham, England; Magna Special Craft, a brand of beer brewed by Compañía Cervecera de Puerto Rico; Magna (The Walking Dead), a fictional character from The Walking Dead; Magna, Utah
Magna has agreement to manage racing operations for 5 years. [17] San Luis Rey Downs Training Center, Bonsall, California a 205-acre (0.83 km 2) horse racing training facility that was sold by Magna in June 2007 for $24 million to M.I. Developments. The facility was leased back to a subsidiary of Magna and continues to operate. [18]