Tag Archives: Magna

Magna Announces Agreement with Veoneer in ADAS-Inspired Move

Magna International Inc. and Veoneer Inc. announced they entered into a definitive merger agreement under which Magna will acquire Veoneer, a provider of automotive safety technology. Pursuant to the agreement, Magna will acquire all of the issued and outstanding shares … Continue reading

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Magna Opens New Facility

Magna celebrated the opening of a new electronics manufacturing facility last week in Grand Blanc Township, Mich. The facility consolidates three nearby locations into a single facility, according to the company. Company representatives stated the 230,000 square-foot facility was an … Continue reading

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