Magna announced it is investing more than $470 million to expand its operations across Ontario, Canada. The growth includes a new battery enclosures facility to support the Ford F-150 Lightning and future OEM programs. Newmarket: Magna’s mechatronics facility which produces vehicle access systems including side door latches, electronic control units, and power systems – is growing its business and expects approximately 75 new jobs.
Full Article: financialpost.com