Wednesday, May 7, 2014

Magna Starts Construction on $75 Million Plant

Magna Powertrain (MPT), Magna International Inc.’s operating unit, has broken ground its new manufacturing facility in Ramos Arizpe, Coahuila, México. The Ramos Arizpe facility will be the third building at MPT’s operation at this location.
The new Ramos Arizpe facility will build all-wheel drive systems for the Audi luxury brand. The completed facility is expected to be around 16,000 square meters (172,000 square feet) and will increase the workforce by around 230 people when it is at full capacity.
Magna has invested around $75 million to complete the new Ramos Arizpe facility, which will open in 2016.
MPT first came to Ramos Arizpe in 1999, and now operates two facilities building AWD and 4WD systems and boasts over 1,400-strong workforce. MPT Ramos produced over 2 million axles and driveline products last year.
(from 4WheelsNews)

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