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Magna Expands Powertrain Business in Slovakia

Auto News - Published on Wed, 26 Aug 2020

Image Source: Magna Powertrain
Magna will expand its powertrain business with a new facility in Kechnec in Slovakia, the first powertrain metalforming solutions plant for the company in Europe. Magna held a groundbreaking ceremony where construction of the 7,675 square meter facility is expected to be complete in March 2021. This new plant expands Magna’s powertrain capabilities within the region and brings additional capabilities to its Kechnec campus. The neighboring transmission plant was opened 15 years ago by Getrag, which Magna acquired in 2016 and currently makes transmissions for BMW Group. Magna’s long-standing relationship with the local community and education system will help ensure a pipeline of highly skilled employees for its Kechnec operations.

The new metalforming plant is expected to start production in August 2021 with a workforce of approximately 50 people, and marks Magna’s fourth location in Slovakia.

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Posted By : Yogender Pancholi on Wed, 26 Aug 2020
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