News Release - Magna Divisions Recognized by GM with Supplier Quality Excellence Awards

AURORA, Ontario, November 13, 2012 – Magna International Inc. announced that 11 of its manufacturing divisions have received Supplier Quality Excellence Awards from General Motors for demonstrating the highest levels of quality performance from July 2011 through June 2012. The awards, a new honor for GM suppliers, recognize top-performing suppliers who have met or exceeded a stringent set of quality performance criteria along with the cross-functional support of the entire GM organization.

Magna divisions receiving GM Supplier Quality Excellence Awards include:

From Cosma International
• Cosma Shanghai – Shanghai, China
• Maple Stamping – Concord, Ontario
• Montezuma Manufacturing – Montezuma, Iowa
• Victor Manufacturing – Victor, Iowa

From Magna Closures
• Dortec – Bradford, Ontario

From Magna Powertrain / Electronics
• Innovative Cooling Dynamics – Mississauga, Ontario
• Magna Electronics China – Suxing, China
• MPT Lansing – Lansing, Michigan
• MPT Muncie – Muncie, Indiana
• MSM – Woodbridge, Ontario
• Pullmatic Manufacturing – Unionville, Ontario

“Suppliers play a vital part in the overall quality of our vehicles, and we view their hard work and dedication as part of the foundation for GM to continue to be a leader in product quality and overall customer satisfaction,” said Bob Socia, vice president, GM Global Purchasing and Supply Chain at the time of the award announcement. 

“On behalf of Magna and our award-winning manufacturing divisions, we thank General Motors for this recognition and look forward to building on the momentum,” said Don Walker, CEO, Magna International. “One of our goals is to achieve and maintain world-class manufacturing levels at all of our plants worldwide, and the divisions recognized serve as benchmarks for how to consistently deliver efficiency, dedication and the highest levels of quality to our customers.”

About Magna International 

We are a leading global automotive supplier with 305 manufacturing operations and 88 product development, engineering and sales centres in 27 countries. Our 117,000 employees are focused on delivering superior value to our customers through innovative processes and World Class Manufacturing. Our product capabilities include producing body, chassis, interiors, exteriors, seating, powertrain, electronics, mirrors, closures 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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