Magna lighting division growth due to multiple new business awards; company investing $17 million for approximately 165,000 square-foot expansion.
14 Aug 2023 | 2598 Views | By Autocar Professional Bureau
Magna has announced the expansion of its lighting division in Querétaro, Mexico following multiple business awards in rear lighting from various automakers. Company officials were joined by customers and local government representatives to celebrate the $17 million expansion investment and groundbreaking on August 10.
“Lighting is a growing segment ...
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Magna has announced the expansion of its lighting division in Querétaro, Mexico following multiple business awards in rear lighting from various automakers. Company officials were joined by customers and local government representatives to celebrate the $17 million expansion investment and groundbreaking on August 10.
“Lighting is a growing segment within the mobility industry, playing a critical role in both vehicle safety and design and aligning perfectly with our forward-thinking business strategy,” said Jeff Hunt, Magna Mechatronics, Mirrors & Lighting President. “Today, we further solidify our commitment to advancing new products and innovations in lighting, and express our gratitude to the employees, customers, local community, and state of Querétaro for their continued support.”
Magna’s lighting division in Querétaro manufactures rear lighting technology, including tail lamps and appliques, for several global automakers with start of production expected in 2024.
Once the approximately 165,000 square-foot expansion is complete, Magna’s lighting division in Querétaro will expand to more than 340,000 square feet. Along with the facility’s expansion, Magna expects to create more than 280 new jobs over the next four years, bringing its total employee base to roughly 800 at full production.