Magna Invests $470 Million in Expanding Operations in Ontario to Support EV Production

AURORA, Ontario – Magna, the Canadian automotive supplier, has recently announced that it will be investing over $470 million in expanding its operations in Ontario, Canada. The investment will include a new battery enclosures facility in Brampton which will support the Ford F-150 Lightning and future OEM programs.

Apart from the Brampton facility, Magna will be expanding in its locations in Guelph, Belleville, Newmarket, Windsor, and Penetanguishene, following new business awards from various automakers in key product areas. The Ontario government has provided Magna with $23.6 million in grants to support these expansions, bringing additional high-quality jobs to the region along with ongoing training and development programs for employees.

The new and expanded operations are expected to bring over 1,000 new jobs to Ontario over the next few years. “Magna’s roots in Ontario run deep, and we are excited about opening a new facility dedicated to a strategic electrification product. The Brampton facility, coupled with investment and growth in five existing Ontario facilities, allows Magna to keep up with customer demands across several product areas,” said Eric Wilds, Magna Chief Sales and Marketing Officer.

Magna’s investment will include a new 490,000 square-foot leased facility in Brampton to manufacture battery enclosures for electric vehicles. Operations are expected to begin in Q2 2023, with approximately 560 new jobs expected at full production. In addition, Magna will add e-coat, molding and welding capacity to its exteriors plant in Guelph to support new electric vehicle production. The expansion will total 120,000 square-feet, and production is planned to begin in Q2 2023, creating approximately 175 new jobs.

Magna’s lighting plant in Belleville is also expanding its capabilities for printed circuit board assemblies, which will begin operations in Q4 2023, and will provide up to 100 new jobs. Furthermore, the mechatronics facility in Newmarket is growing its business and expecting approximately 75 new jobs. The mechatronics plant in Windsor is adding new business for powered aluminum tonneau covers, which has recently started operations and is planning to add roughly 110 new jobs. Magna’s mechatronics facility in Penetanguishene is growing its tailgate hinges production and plans to add over 15 new jobs.

According to Premier Doug Ford, “This investment represents another tremendous show of confidence in the growing strength and resilience of our province’s auto sector. Together, with our industry partners, we’re putting Ontario back on the map as we build up Ontario’s electric vehicle supply chain from mining to manufacturing.” Vic Fedeli, Minister of Economic Development, Job Creation and Trade, added that the investment by Magna will create hundreds of new jobs across the province while strengthening Ontario’s end-to-end automotive supply chain.

Magna is a Canadian company with 49 manufacturing facilities and over 18,500 employees throughout Canada. Magna has been named by Forbes as one of Canada’s Best Employers 2023 and Fortune’s Worlds Most Admired Companies. The company is currently hiring for various positions, including managers, engineers, operators, and more.


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