Highland Park, Michigan — According to state and local development sources, Norplas Industries Inc./Magna Exteriors plans to invest $6,800,000.00 to build out 450,000 square feet of new space in Highland Park. The company is creating 500 new jobs at this facility. The company plans to occupy the new space in Highland Park, on or about March 1, 2026. According to the company website We see a future where everyone can live and move without limitations. Thats why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. Forward. For all. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA).

To learn more about Norplas Industries Inc./Magna Exteriors, visit http://www.magna.com/

Company Contact:
Swamy Kotagiri, Chief Executive Officer
248-631-1100

SOURCE: http://www.intelligence360.io
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