Back to the latest news

Ground-breaking ceremony for automotive supplier Magna Exteriors & Interiors in Regenstauf

Pschierer: "Key asset for the region"

REGENSTAUF   The Canadian automotive supplier corporation Magna is building a new plant for plastic parts in the Upper Palatinate region. At today's official ground-breaking ceremony, Bavaria's Vice Minister of Economic Affairs Franz Josef Pschierer welcomed Magna's commitment in Regenstauf. "We are delighted that Magna is investing in Bavaria once again. The fact that a global player like this is active in the automotive sector here underlines Bavaria's importance and worldwide competitiveness as a leading location for the automotive sector." The 160 staff currently working in Wackersdorf will move to new workspaces in the new building once it is ready. "We are particularly pleased at the new jobs being created by the move. The new plant is a clear, forward-looking commitment to Upper Palatinate as a business location, and to Bavaria as a whole," continued Pschierer.
 
The company values the immediate proximity to its customers. Magna believes that this will bring potential for growth in the future. "Regenstauf is ideal as a 'just-in-time/just-in-sequence' production site and as such also gives us an opportunity to improve efficiency," emphasised Albert Lidauer, President of Magna Exteriors & Interiors Europe. According to him, Magna is investing in a plant with modern, environmentally-friendly production systems for highly-efficient processes – known as a 'green factory'. Production of parts such as door cladding and bumpers is planned to begin in summer 2014.
 
The company employs over 125,000 people worldwide and delivers to almost all automotive manufacturers. Its areas of expertise extend from development to the production of parts, components and modules for the automotive industry, and even the production of entire vehicles as a make-to-order manufacturer.

Back to the latest news

Your Contact:

Dr. Anton Preis Official Spokesperson – Bavarian Ministry of Economic Affairs, Regional Development and Energy telephone: +49 89 2162-2290 Prinzregentenstr. 28  80538 Munich