News Release - Magna Named Forbes Magazine's Most Trustworthy Large Cap Company in America
AURORA, Ontario, April 29, 2015 – Magna International Inc., a leading global automotive supplier, was recently ranked #1 among large cap companies in Forbes magazine’s 100 Most Trustworthy Companies in America rankings. Magna, which is headquartered in Canada, qualified for the rankings based on the listing of its Common Shares on the New York Stock Exchange.
To create the rankings, Forbes teamed with MSCI ESG Research, which screened more than 5,500 publicly traded North American companies to identify the 100 large, mid and small cap companies that most “consistently demonstrated transparent accounting practices and solid corporate governance.” To see the Forbes magazine story, please click on the following link: Forbes Most Trustworthy
About Magna International
We are a leading global automotive supplier with 313 manufacturing operations and 84 product development, engineering and sales centres in 28 countries. We have approximately 131,000 employees focused on delivering superior value to our customers through innovative products, processes and World Class Manufacturing. Our product capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.
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