Magna International Inc. has recently announced that it will open a new seating manufacturing facility in Taizhou, China, to supply the Geely-Volvo Car Group. Construction is already underway in the Jiju District of Taizhou and is set to be completed by mid-2016. The announcement was made at an event for investors and analysts in downtown Toronto.
The 5,200-square-meter facility will produce complete seating systems for a small crossover utility vehicle, the first automobile to be produced from Volvo's CMA (Compact Modular Architecture) platform. The new facility is expected to create up to 90 new jobs.
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