New Venture/New Process in which Magna is the majority owner.


http://www.aftermarketnews.com/magna-completes-its-acquisition-of-new-venture-gear/

Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) has completed the acquisition of the worldwide operations of DaimlerChrysler Corporation's wholly-owned subsidiary, New Venture Gear, Inc. ("NVG"). As announced on May 17, 2004, the transaction involves the creation of a new joint venture, named New Process Gear, Inc., which is initially owned 80% by Magna and 20% by DaimlerChrysler Corporation, that operates a manufacturing facility in Syracuse, New York. Magna will acquire DaimlerChrysler Corporation's interest in New Process Gear, Inc. in September 2007. The transaction also involves the acquisition by Magna of certain other U.S. and European assets of NVG, including a manufacturing facility in Roitzsch, Germany and a research and development centre and sales office in Troy, Michigan. Anti-trust approvals in the U.S. and Europe were recently obtained and both UAW bargaining units ratified new collective bargaining agreements yesterday. The purchase price for 100% of the NVG business is approximately U.S.$431 million, subject to post-closing adjustments.

 

They closed the New York plant in 2012

https://www.syracuse.com/news/index.ssf/2012/08/new_process_gear_closes_this_w.html

 

Yeah I've been searching since yesterday and have found no info pertaining to the production facility. Best guess would be the state of Michigan, city unknown. Must be TOP SECRET.... The NP/NV facility at Syracuse, NY had up o 4,000 employees working 16 years ago.

 

They have plants in Muncie, IN and Troy, MI. But nothing on which plant produces what

My guess is that they absorbed production into their existing facilities.

There are a few FCA employees on here that I bet could track it down.

 

In Oct I replaced my Sport TC with a Rubicon TC and it came from Mexico

 

Canadian based Magna has over 30 plants in Mexico and employs over 28,000 workers there. https://mexico-now.com/index.php/ar...adian-manufacturer-magna-with-32-plants-in-mexico-posts-record-quarterly-profit