Magna International
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Magna shares plunge after disappointing Q4 results: ‘Another difficult year’Supply disruptions that were expected to have cleared up did not, leading to continued volatility in auto production that made for significant inefficiencies in Magna's operations.EconomyFeb 10, 2023
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Magna International to buy Veoneer’s active safety business for US$1.525 billionThe acquisition of the Swedish company's operations will add 2,200 engineers, including 1,800 for systems, software and sensor development, to Magna.EconomyDec 20, 2022
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Ontario auto parts maker Magna International reports higher Q3 profit, salesMagna International Inc. says it earned US$289 million in its third quarter, up from US$11 million in the same quarter last year.EconomyNov 4, 2022
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Magna International to open electric vehicle parts plant in Chatham-KentMagna says the new Chatham plant will see up to 150 jobs created, and will produce battery enclosures for Ford's new F-150 Lightning truck.EconomyMar 30, 2022
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SNC-Lavalin appoints new chairman to oversee shift toward engineeringThe Quebec-based company has been working to set a new strategic direction over the past year.CanadaSep 10, 2020
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Frank Stronach sues daughter Belinda over alleged mismanagement of family fortuneBusiness magnate Frank Stronach, 86, is suing daughter Belinda over her alleged mismanagement of the family's assets and trust funds.CanadaOct 10, 2018
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Ontario government appoints new lead negotiator in contract talks with doctorsRobert Reynolds, a former labour negotiator for the City of Toronto and Magna International, will take over the role.PoliticsAug 16, 2018
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Shutting of Grenville Castings in Perth to cost community hundreds of jobsApproximately 380 people and a number of temporary employees that work at the Grenville plant in Perth will lose their jobs in June of 2019.CanadaJul 3, 2018
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Ontario manufacturing company employee alleges she was docked pay for taking restroom breaksAn employee of Presstran Industries in St. Thomas, Ont., has filed a human rights complaint, alleging her employer is discriminating against her because of her diagnosed condition of Irritable Bowel Syndrome.CanadaDec 14, 2017
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