News Release - Magna Employees Join Global 6K for Water
• World Vision’s 6K for Water to take place May 19
• More than 2,100 Magna employees from 13 different countries are registered
• Donate now to help bring clean water to those in need
Please click HERE for a PDF version of the release.
AURORA, Ontario, May 7, 2018 — Six kilometers for water. That’s the average distance people in the developing world have to walk to get water for their families and homes. Even worse – the trek is often dangerous and the water usually unsanitary.
On Saturday, May 19, 2018, more than 2,100 Magna employees from 13 different countries will take action to change this reality when they participate in World Vision’s 6K for Water. The one-day, worldwide event will unite thousands of people who run and walk to help bring clean water to those in need. With the company’s matching program, Magna employees raised more than $250,000 USD in 2017 and have their sights set on an even larger contribution this year.
Magna employees raised more than $250,000 USD in 2017 and have their sights set on an even larger contribution this year.
“Congratulations to Magna employees around the world for stepping up to make a difference for this extraordinary cause,” said Don Walker, Magna’s CEO. “Two things that make this program unique: first, it started at Magna as a grassroots effort by employees, who brought this to our attention through the corporate matching program; and second, we’re helping build sustainable water systems and not simply giving away water. This is a great opportunity to make a long-lasting impact in communities across the developing world.”
While registration to walk or run in the event is now closed, there is still an opportunity to donate. Every $50 provides clean water for one person. Funds are used to dig new water wells, build handwashing stations, improve water infrastructure and pipelines, train community members to maintain these projects, and more.
TAGS
World Vision’s Global 6K for Water, social responsibility, community involvement
INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACT
Tracy Fuerst, Global Director of Corporate Communications & PR
tracy.fuerst@magna.com, 248.631.5396
ABOUT MAGNA
We have more than 168,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a technology company and one of the world's largest automotive suppliers with 335 manufacturing operations and 96 product development, engineering and sales centres in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.
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THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.
• More than 2,100 Magna employees from 13 different countries are registered
• Donate now to help bring clean water to those in need
Please click HERE for a PDF version of the release.
AURORA, Ontario, May 7, 2018 — Six kilometers for water. That’s the average distance people in the developing world have to walk to get water for their families and homes. Even worse – the trek is often dangerous and the water usually unsanitary.
On Saturday, May 19, 2018, more than 2,100 Magna employees from 13 different countries will take action to change this reality when they participate in World Vision’s 6K for Water. The one-day, worldwide event will unite thousands of people who run and walk to help bring clean water to those in need. With the company’s matching program, Magna employees raised more than $250,000 USD in 2017 and have their sights set on an even larger contribution this year.
Magna employees raised more than $250,000 USD in 2017 and have their sights set on an even larger contribution this year.
“Congratulations to Magna employees around the world for stepping up to make a difference for this extraordinary cause,” said Don Walker, Magna’s CEO. “Two things that make this program unique: first, it started at Magna as a grassroots effort by employees, who brought this to our attention through the corporate matching program; and second, we’re helping build sustainable water systems and not simply giving away water. This is a great opportunity to make a long-lasting impact in communities across the developing world.”
While registration to walk or run in the event is now closed, there is still an opportunity to donate. Every $50 provides clean water for one person. Funds are used to dig new water wells, build handwashing stations, improve water infrastructure and pipelines, train community members to maintain these projects, and more.
TAGS
World Vision’s Global 6K for Water, social responsibility, community involvement
INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACT
Tracy Fuerst, Global Director of Corporate Communications & PR
tracy.fuerst@magna.com, 248.631.5396
ABOUT MAGNA
We have more than 168,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a technology company and one of the world's largest automotive suppliers with 335 manufacturing operations and 96 product development, engineering and sales centres in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.
# # #
THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.