Company Name | Magna Closures |
---|---|
Website | www.magna.com |
Snippet | Magna International Inc. is a Canadian mobility technology company for automakers. It is one of the largest companies in Canada and was recognized on the 2019 Forbes Global 2000.[2] The company is the largest automobile parts manufacturer in North America by sales of original equipment parts.[3] It produces automotive systems, assemblies, modules, and components,[4] which are supplied to General Motors, Ford Motor Company and FCA,[5] as well as BMW, Mercedes, Volkswagen and Tesla Motors, among others.[6][7] |
Type | Public |
Founded | 1957 |
Founder | Frank Stronach |
Revenue | US$ 40.82 billion (2018)[1] |
Website | www.magna.com |
Industry | Manufacturing |
Products | Automotive |
Traded as | NYSE: MGATSX: MG |
Key people | Donald Walker, CEOTommy J. Skudutis, Executive VP & COOVincent J. Galifi, Executive VP & CFOSwamy Kotagiri, CTOJames J. Tobin, CMO & President Magna Asia |
Net income | US$ 2.29 billion (2018)[1] |
Area served | Worldwide |
Headquarters | Aurora, Ontario, Canada |
Total assets | US$ 25.94 billion (2018)[1] |
Total equity | US$ 11.83 billion (2018)[1] |
Operating income | US$ 2.83 billion (2018)[1] |
Number of employees | 169,000 (2019)[2] |
Magna Closures is part of the Canada company list
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