Magna executives were joined by Governor Juan Manuel Carreras Lopez, members of local government, customers and employees to celebrate the grand opening of a new body & chassis manufacturing facility in San Luis Potosí, Mexico.

"We are so glad that Magna, a global company, decided to invest in San Luis Potosí. Magna could choose any country in the world and their decision shows confidence in Mexico," said Governor Lopez. "My special recognition to all Magna San Luis employees, all of you are world-class employees."

The 189,000-square-foot facility will produce structural welded assemblies for global automakers including BMW and Mercedes-Benz. It currently employs 400 people and is expected to grow to approximately 1,000 employees at full production.

"On behalf of Magna, I want to thank the local community and the state of San Luis Potosí for their ongoing support and collaboration on this project," said Sandro Passera, Vice President of Cosma Mexico. "They have helped make it possible for us to continue growing our world-class manufacturing operation, and we are excited for the opportunity to support our customers from this new facility."

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