# Magna expands Ontario EV operations with $471M investment

Magna announced a $471 million investment to expand operations across six locations in Ontario, including a new battery enclosures facility in Brampton and upgrades at five other facilities, expected to create over 1,000 jobs by 2027.

- Type: Expansion
- Announced: 2023-02-15
- Where: Brampton, Ontario, Canada, Canada
- Value: $471.0M
- Jobs: 1,000
- Status: announced
- Products: battery enclosures, electric vehicle parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Magna International](https://endata.com/companies/2534.md)

## Sources

- [quintedevelopment.com](https://quintedevelopment.com/a-35-million-investment-will-be-made-in-magnas-lighting-division-in-belleville/), 2023-02-15: "Magna, one of the world's largest suppliers in the automotive industry, announced today that it will expand its operations across six locations in Ontario with a $471 million investment, expected to create more than 1,000 new jobs by 2027."

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