Magna Closures Company Profile

Aggregated data from the web about Magna Closures
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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