Magna (Autoparts) Timeline

Setting up shop

Jan 1, 1957

Frank Stronach opens up a one-man shop

Magna enters stock market

Dec 20, 1962

Magna Electronics Corporation Limited because a public business on the Toronto Stock Excange

The Merge

Jan 1, 1969

Multimatic merges with Magna, and publically traded aerospace, defense, and industrial components manufacturer.

Frank Stronach became chairman

Jan 1, 1971

Frank Stronach becomes chairman of Magna

New name

Jan 1, 1973

Magna Electronics Corporation Limited changes its name to Magna International Inc.

Employee Benefits

Jan 1, 1975

Manga introduces the Empolyee Equity and Profit Participation Plan.

Corporate Constitution

Jan 1, 1984

Formally adopt the Corporate Constitution

New York Stock Excange

Jan 1, 1992

Magna is listed in the New York stock excange

Health and Safety Policy

Jan 1, 1993

Magna formalizes its health, safety and environment policy

World's Top

Jun 13, 1999

Forbes Magazine names Magna as the worlds top auto parts company

50 years

Jun 13, 2007

Magna celebrates its 50th anniversary in business