Magna International Inc.

History

YearDetail
1957 Company was founded from a garage.
1970's The company reached $100 million in sales.
1980's The company strengthened its product portfolio and built the RIM process for bumpers and achieved one billion dollars in sales.
1990's The company introduced hydroforming technology for truck frames, which helped its business grow in the manufacturing sector. The company also acquired a Complete Vehicle manufacturing company and achieved over $9 billion in sale.