Magna Invests Over $470M in Ontario Expansion, Creating 1,000+ Jobs and New EV Battery Facility
Magna International Invests Over $470M in Ontario Expansion, Creating 1,000+ Jobs and New EV Battery Facility. Magna is significantly expanding its operations in Ontario, Canada, with an investment exceeding $470 million. This expansion includes a newly established battery enclosures facility in Brampton, aimed at supporting the Ford F-150 Lightning and future projects [...]