Magna has started construction to expand its seat trim facility in Odžaci, Serbia, from 4,300 square metres to 10,000 square metres.
The company anticipates growth in output at the plant of 30% and says that with a US$3.5m investment, the expansion doubles the amount of floor space available in the facility. Serbian Prime Minister, Aleksandar Vucic, recently joined Magna employees in celebrating the expansion.
“It is exciting to improve upon and expand our trim facility in Odžaci, which we have seen strong growth in terms of business and employment levels,” said Mike Bisson, the company’s president. “The expansion of the facility positions us even further to bring in new business and service our customers throughout Europe.”
The seat trim facility originally opened in Serbia in 2013 with roughly 400 employees. Today, the facility houses nearly 1,200 employees and is expected to create an additional 400 jobs in the next two years.
Magna’s Serbia facility produces seat trim covers to customers including Ford, Skoda, Audi and Renault.
This post is also available in: Italiano