Magna, LAN Joint Venture to Assemble Seats in Michigan

Magna, LAN Joint Venture to Assemble Seats in Michigan

The new joint venture will assemble complete seats for Ford, with production expected to start in the second quarter of 2023. More than 390 new jobs to be created.

Today Magna announced it has entered into a joint venture (JV) with LAN Manufacturing, a minority-owned automotive supplier based in Michigan. The JV, to be called LM Manufacturing, will assemble complete seats for various trucks and SUVs for Ford Motor Co., operating from a 296,000-square-foot leased facility in Detroit, Michigan. Magna will own a 49% stake.

Production is scheduled to begin in the second quarter of 2023 and is expected to bring-in more than 390 jobs to the city of Detroit. The Michigan Strategic Fund has awarded a $2 million grant to the JV.

“We are excited about this opportunity with LM Manufacturing as we continue supporting Ford on some of their high-volume vehicle programs,” said Magna Seating President John Wyskiel. “We expect the joint venture to complement the seating capabilities and footprint we already have in the state.”

“As a minority business enterprise, we are especially excited to invest in the city of Detroit and to work with Magna, a leading mobility technology company,” said Sylvester Hester, CEO of LAN, and president of LM Manufacturing.

“This investment by LM Manufacturing in Michigan demonstrates the strength of our mobility and EV ecosystem, as well as our state’s continued automotive manufacturing prowess,” said Quentin Messer Jr., CEO of the MEDC and president and Chair of the Michigan Strategic Fund. “This project is a win for Southeast Michigan and for the entire state. It is a team effort with the Detroit Regional Partnership and our other local partners to bring these jobs to Detroit residents. We look forward to working with LM Manufacturing as collectively, we shape the future of transportation.”

You May Also Like

ZF Aftermarket Releases 36 New Parts for US, Canada

ZF has introduced a total of 185 new products in 2024 under the ZF, LEMFÖRDER, SACHS, TRW and WABCO brands.

ZF Aftermarket announced it launched 36 new part numbers for a variety of braking, suspension and transmission components for passenger cars in the United States and Canda (USC) aftermarket. This includes 10 new part numbers for SACHS Continuous Damping Control (CDC) shock absorbers, bringing the total number launched this year to 60.

Dana Expands Spicer ReadyShaft Assembly Coverage

The addition of more than 3,000 new part numbers brings Dana’s ReadyShaft program
to over 13,000 active SKUs.

Dana-Expands-Spicer-ReadyShaft-Assembly-Coverage
Litens Aftermarket North America Elevates Sustainability Efforts

Litens said it is dedicated to achieving carbon neutrality by 2030. 

Litens Aftermarket North America Elevates Sustainability Efforts
HELLA Introduces HELLA BLADE LED 6” Series Auxiliary Lights

The HELLA BLADE Series combines powerful illumination with innovative features for the ultimate driving experience, the company said.

HELLA-BLADE-LED-6-Series-Auxiliary-Lights
Transtar Announces Agreement for Axalta to Acquire The CoverFlexx Group

Axalta Coating Systems has signed a definitive agreement to acquire Transtar Holding Company’s subsidiary The CoverFlexx Group.

Transtar-logo-on-white

Other Posts

Bendix: Air Disc Brake Production has Doubled Since 2018

Commercial ADB adoption rates in Class 6-8 vehicles are now up over 50%, according to Bendix.

Bendix Bowling Green
MPA: ‘We’re as Strong as Ever’

Chairman, President and CEO Selwyn Joffe discusses what he’d like the aftermarket to know about Motorcar Parts of America.

MPAs-Selwyn-Joffe-Were-as-Strong-as-Ever
Dayton Parts Offers New Aftermarket Products

A new DPF differential pressure sensor, engine oil dipsticks and fuel injector wiring harnesses designed to match OEM spec.

Dayton-parts-releases-2-sensor-dipstick-harnesses-1400
Hunter Engineering Releases Alignment Coverage for Hundreds of Vehicles

The release covers brand-new records – those not yet in existence at the time of the previous release – as well as updates to existing records, covering OEM changes to existing vehicles, the company said.

Hunter Engineering Releases Alignment Coverage for Hundreds of Vehicles