News Release - Magna Celebrates Opening of New Electronics Facility
- State-of-the-art manufacturing facility in Grand Blanc Township, Michigan
- Solidifies leadership in vision-based driver assistance systems
- Division has made more than 46 million ADAS components since 2005
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TROY, Mich., Aug. 14, 2019 -- Magna celebrated the opening of a new electronics manufacturing facility today in Grand Blanc Township, Michigan. The facility consolidates three nearby locations into a single state-of-the-art facility that combines 21st-century manufacturing with people-first workplace design and functionality.
By opening the 230,000-square-foot facility with an investment of nearly
Serving many of the world’s automakers, Magna Electronics Holly ships ADAS components to more than 330 different locations in North and South America, Europe and Asia. The division started manufacturing automotive-grade cameras in 2005 and has steadily increased its annual output as driver assistance systems have grown through regulatory measures and consumer demand. At present Magna Electronics Holly has made more than 46 million ADAS components, a number that will continue to grow well into the future.
Magna now combines cameras with other sensors such as RADAR and LiDAR to develop the advanced driver assistance systems that make up the building blocks of autonomy. Thanks to Magna’s systems, drivers can activate adaptive cruise control to maintain a safe following distance and speed, use lane-keeping assist to center the vehicle, and check blind spots to monitor adjacent travel lanes.
“We provide features to improve the daily commute and add a layer of safety,” said Magna CTO Swamy Kotagiri. “With the excitement surrounding autonomous vehicles and their potential to eliminate car crashes, it can be easy to forget the path to full autonomy lies in the safety and driver assistance systems we have today.”
In addition to manufacturing ADAS components, the new facility is home Magna’s advanced robotics R&D testing lab. With continued advancements in AI the company is bringing more smart factory concepts into its operations, and this new lab allows the testing and implementation of robotics that are adaptable, flexible and work in collaboration with people.
The plant is also the home of
INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, (+1) 905.726.7035
MEDIA CONTACT
Tracy Fuerst, Global Director of
tracy.fuerst@magna.com, (+1) 248.631.5396
ABOUT MAGNA
We are a mobility technology company. We have more than 168,000 entrepreneurial-minded employees and 347 manufacturing operations and 92 product development, engineering and sales centres in 28 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Magna also has electronic and software capabilities across many of these areas. Our common shares trade on the
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Source: Magna International Inc.