B-town Boost: Magna International invests $471 million into Brampton EV battery enclosure plant
Brampton, Ontario — Ontario’s automotive manufacturing giant, Magna International, is throwing around big money in the pursuit of an EV battery enclosure plant in Brampton, announcing Wednesday that $471 million has been earmarked for the project. Alongside funding what is projected to be a $265 million building project, Magna’s investment will also go toward creating […]
Second Thoughts: Magna cancels plans for $50 million battery enclosure plant in Chatham
Chatham, Ontario — The rug has been pulled out on what was supposed to be a $50 million EV battery enclosure production plant for the municipality of Chatham, Ont., as a news release from Magna International shows the company’s plans to cancel the project. The Chatham Daily News got a hold of a Magna news […]
