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Magna International Inc T.MG

Alternate Symbol(s):  MGA

Consumer Cyclical Auto Parts
Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.


TSX:MG - Post by User

Magna International Inc
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Post by Betteryear2on Oct 11, 2023 3:26pm
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Post# 35679321

100% Melt Recyclable Foam and Trim Seating Solutions T.MG

100% Melt Recyclable Foam and Trim Seating Solutions T.MG
  • Solution utilizes PET mono-materials in both foam and trim, contributing to the circular economy
  • Sustainable option without compromising comfort, style or performance
  • Magna partnering with TWE Group to create 100% recycled trim foundation

AURORA, Ontario, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Magna announces its EcoSphere™ product family, an industry-first solution that eliminates the disposal of seating foam pads and trim covers in landfills by utilizing mono-material polyethylene terephthalate (PET) with the company’s innovative 100% Melt Recyclable Foam and Trim system. Magna’s new EcoSphere product family is comprised of sustainable trim materials, trim padding, structures and foam.

Magna Introduces Industry-First, 100% Melt Recyclable Foam (globenewswire.com)

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