Magna’s New Slovakia Facility to Support Growing ADAS and Electrification Market
21 Avril 2022 - 2:00PM
Magna is expanding its ADAS and electrification footprint with the
opening of a new plant in Kechnec, Slovakia. The brownfield
facility will support two European automakers and new global
entrant. Covering an area of approximately 22,000 square meters,
the facility is expected to begin operations in the fourth quarter
of this year with plans to hire 100 employees initially in time for
start of production.
The plant will produce some of the company’s most innovative
Level 2 ADAS solutions as well as technologies for the electric
vehicle market. These include Magna’s most advanced front camera
modules and in-cabin cameras for the launch of the company’s
recently announced integrated driver and occupant monitoring
system. In addition, the site will manufacture electronic control
units for inverters used in electric vehicles.
“This new facility is a key milestone for Magna in supporting
the increasing effort toward vehicle electrification and autonomy,”
said Sharath Reddy, Senior Vice President of Magna Electronics.
“With a skilled talent pool in the region and conveniently situated
close to other Magna divisions to optimize delivery times, Kechnec
is an ideal location to bolster our capabilities in Europe.”
Magna’s new Kechnec operations is the company’s fifth
manufacturing facility in Slovakia and is currently hiring for a
number of roles including managers, engineers, operators and more.
It expects to hire up to 600 employees through 2027 as business
ramps up. Details can be found here.
TAGSSlovakia, Kechnec, ADAS, electrification, cameras
INVESTOR CONTACTLouis Tonelli, Vice-President, Investor
Relations louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACTTracy Fuerst, Vice President, Corporate
Communications & PRtracy.fuerst@magna.com, 248.761.7004
ABOUT MAGNAMagna is more than one of the world’s largest
suppliers in the automotive space. We are a mobility technology
company with a global, entrepreneurial-minded team of 158,000
employees and an organizational structure designed to innovate like
a startup. With 60+ years of expertise, and a systems approach to
design, engineering and manufacturing that touches nearly every
aspect of the vehicle, we are positioned to support advancing
mobility in a transforming industry. Our global network includes
343 manufacturing operations and 91 product development,
engineering and sales centres spanning 28 countries.
For further information about Magna (NYSE:MGA; TSX:MG), please
visit www.magna.com or follow us on Twitter @MagnaInt.
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