Cosma Expands Manufacturing Footprint
AURORA, Ontario, Feb. 7, 2006 -- Cosma International, an operating group of Magna International Inc. and a leading automotive metal-forming supplier, announced today the addition of two new facilities, one in France and the other in the United States. These facilities will enhance Cosma's capability to respond to its customers' production manufacturing requirements.
The new facility in Henriville, France, which is located approximately 60 miles (100 kilometers) northeast of Strasbourg, will provide medium-to-large size stampings and assemblies to Cosma's European automotive customers.
The second facility, located in Bowling Green, Ohio, was purchased from Fuji Technica Inc. This facility will specialize in large metal stampings and assemblies for the North American automotive market. Both Toshio Takahashi, Chairman of Fuji Technica Inc., and Horst Prelog, President of Cosma International, commented that the strong relationship between Fuji and Cosma will continue, ultimately benefiting their mutual customers on future global programs.
"The addition of these two production facilities is part of Cosma's strategic expansion in our key customer markets," commented Horst Prelog, President of Cosma. "We welcome the employees of these new facilities to the growing Cosma family."
Cosma manufactures a comprehensive range of metal body systems, components, assemblies and modules including complete vehicle frames, chassis systems, and body-in-white systems using a variety of innovative processes including hydroforming, stamping, and rollforming. Cosma has 37 manufacturing facilities and 12 product development and engineering centers worldwide.
Magna, the most diversified automotive supplier in the world, designs, develops and manufactures automotive systems, assemblies, modules and components, and engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia and South America. Magna's capabilities include the design, engineering, testing and manufacture of automotive interior and closure systems; metal body and structural systems; exterior and interior mirror and engineered glass systems; exterior systems, including front and rear end modules, plastic body panels, exterior trim and other systems; various powertrain and drivetrain systems; as well as complete vehicle engineering and assembly.
Magna has over 82,000 employees in 222 manufacturing operations and 58 product development and engineering centers in 22 countries.