News Release - Magna Powertrain Receives Global Best Performance Supplier Award
AURORA, Ontario, May 28, 2014 – Magna International Inc. announced that a Magna Powertrain manufacturing division in Sterling Heights, Michigan, received a JATCO Global Best Performance Award for quality, cost and delivery improvement through well-organized MZK (monozukuri) activities for its continuous variable transmission plunger and cylinder products supplied to JATCO.
“We are honored JATCO has recognized the commitment and continuous improvement of our Sterling Heights team,” said Jake Hirsch, President, Magna Powertrain. “This award reflects our commitment to delivering high-quality products to our customers and achieving best-in-class performance in all areas of manufacturing.”
JATCO is honoring companies that helped the Japanese transmission supplier provide fuel-efficient automatic and continuously variable transmission systems to its global customers. JATCO presented the award to Magna Powertrain at a ceremony in Yokohama, Japan.
Magna Powertrain’s Sterling Heights facility employees approximately 230 people and manufactures innovative automatic transmission and CVT parts, clutch apply rings and reluctor wheels, transmission oil pans, differential covers, drive plates, and deep draw reaction shells.
About Magna Powertrain
Magna Powertrain, an operating group of Magna International, is a global supplier for the automotive industry with full capabilities in powertrain design, development, testing and manufacturing. Complete system integration sets us apart from our competitors, and our innovations make important contributions to the overall performance of vehicles around the world: they improve fuel economy, make vehicles safer and lighter, ensure a pleasurable driving experience, and provide added value to our customers.
In line with increasing environmental pressure, many of Magna Powertrain’s innovations focus on electronically controlled technologies, supporting the quest for improved efficiency and reduced emissions. Manufacturing locations, engineering centers, and sales offices are situated close to our global customer base, stretching throughout all regions of the world.
About Magna International
We are a leading global automotive supplier with 315 manufacturing operations and 82 product development, engineering and sales centres in 29 countries. We have over 128,000 employees focused on delivering superior value to our customers through innovative products and 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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