- Paint shop to complement production at Magna Steyr in Graz
- Facility expected to begin operations in 2019
- Recruiting for approximately 400 new employees already underway
High demand for engineering and contract manufacturing by automakers such as BMW, Mercedes-Benz and Jaguar Land Rover has resulted in the Graz facility running at high capacity utilization. Magna Steyr currently manufactures the BMW 5 Series and the Mercedes-Benz G-Class, with the Jaguar E-PACE beginning to launch now and Jaguar I-PACE expected to launch early in 2018. Taking into account these and other upcoming programs, Magna Steyr is expected to contract manufacture approximately 200,000 vehicles per year by 2018.
Construction of the new facility begins today, with completion of the $100-million paint shop planned for late 2018 and operations expected to begin in 2019. The recruiting process for approximately 400 new employees has already started.
"The all-in-one competence in vehicle engineering and manufacturing puts Magna in a unique position in the global automotive supply industry, which we continuously push forward with new investments," said Günther Apfalter, President Magna International Europe & Magna Steyr. "Furthermore we are proud to bring jobs and investment to this region."
Image: An architect’s rendering of Magna’s future paint shop in Maribor/Hoče, Slovenia. The facility will bring 400 new jobs to the region. (CNW Group/Magna International Inc.)