Magna Powertrain Expands in Styria

IndustrialsAutomotive ♦ Published: December 6, 2011; 13:47 ♦ (Vindobona)

The Canadian automotive supplier again invests in the Austrian plan Lannach. Investments of € 30m are planned.

Magna Powertrain Expands in Styria / Picture: © Magna

Magna Powertrain enlarges ist production facilities of the Styrian plant Lannach. The new expansion stage will be finished in October 2012. The investment volume is expected to reach € 30m. Furthermore, 45 new jobs will be created.

The expansion is already the second within two years. According to Magna, this is due to the rise in demand. Besides the expansion of Lannach, a new…