Magna’s New Slovakia Facility - Facility to produce advanced cameras and electronics for inverters
- Production expected to start in the fourth quarter of 2022
- Up to 600 new jobs expected to be created longer term
AURORA, Ontario, April 21, 2022 (GLOBE NEWSWIRE) -- 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.
Magna’s New Slovakia Facility to Support Growing ADAS and Electrification Market