Magna Millions: Magna International invests $790 million to build three Ford EV parts plants
Aurora, Ontario — Aurora, Ont.’s own Magna International signed onto three major projects with Ford this past week, bearing a nearly billion dollar price tag, to build three new electric vehicle parts plants in the U.S. Of the three facilities slated for construction, two will be located within Ford’s BlueOval City campus in western Tennessee, […]
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 […]
