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Magna to rename auto interior unit in preparation for IPO

Article Abstract:

Aurora, Ont.-based Magna International Inc. has announced that it will rename its Magna Interiors unit as InTier, appointing Don Walker as the unit's new chief. InTier, which will postpone its initial public offering, has reported annual sales of approximately $3 billion.

Author: Keenan, Greg
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Organizational nomenclature, Names

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Magna readies for spinoffs in Europe

Article Abstract:

Aurora, Ont.-based Magna International Inc. will spin off its European operations. Magna International, which is undergoing a reorganization, is merging its vehicle assembly and powertrain units with its metal hydroforming and metal stamping units.

Author: Keenan, Greg
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Europe, Organizational history, Management

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Magna scouts sites for plant

Article Abstract:

Magna International Inc. is examining possible locations for its planned third hydroforming technique facility. The company may construct the facility in Acton, Ontario.

Author: Keenan, Greg
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Strategy & planning, Facilities & equipment, Buildings and facilities

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Subjects list: Canada, Metal industries, Automobile industry, Magna International Inc., MGA, Metal products industry, Metalworking industry, Automotive stampings
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