# Magna enters seating joint venture with Hubei Aviation Precision Machinery

Magna has entered into a joint venture cooperation agreement with China's Hubei Aviation Precision Machinery Co. Ltd. (HAPM) to expand seating expertise in China and Asia. The deal is subject to regulatory approval and expected to close in Q4 2017.

- Type: Partnership
- Announced: 2017-05-02
- Where: Hubei Xiangyang, China
- Status: announced
- Products: automotive seat mechanisms, seat structures
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Magna International](https://endata.com/companies/2534.md) (partner)
- [Hubei Aviation Precision Machinery](https://endata.com/companies/17097.md) (partner)

## Sources

- [aftermarketnews.com](https://www.aftermarketnews.com/magna-enters-joint-venture-chinese-seating-supplier/), 2017-05-02: "Magna has entered into a seating joint venture cooperation agreement with China's Hubei Aviation Precision Machinery Co. Ltd. (HAPM)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.