News Release - Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China
- JV has been awarded door modules business with German OEM
- New facility planned for the Beijing area
- 100 new jobs expected, production to begin in 2021
The joint venture and production facility would allow both Magna and BHAP to further expand their presence in China, specifically Beijing, while attracting new customers and strengthening relationships with current ones.
"We are pleased to combine Magna's expertise in mechatronic systems with BHAP's relationships with automakers in China," said John O'Hara, Magna Closures, Lighting and Mirrors President. "This joint venture places both companies in a strategic position to grow and succeed as we support customers in China."
Production within the facility is scheduled to begin in 2021 and is expected to generate over 100 new jobs.
"The door module collaboration between BHAP and Magna is a significant step for us as we execute our global strategy," said Chairman Cai Suping of BHAP. "Working with our partners, we expect to strengthen our position in both domestic and international markets to grow BHAP into a global automotive supplier to OEMs."
Door modules, Chinese joint venture, Beijing manufacturing
Louis Tonelli, Vice-President, Investor Relations
Tracy Fuerst, Global Director of
We have more than 168,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a mobility 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
Registered and founded in Beijing in
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