Magna Steyr, an operating unit of Magna International Inc., continues to strengthen its worldwide network of engineering centers with the grand opening of its relocated Shanghai Engineering Center located in the Jiading District. Magna Steyr, represented by Dr. Klaus Badenhausen and Carl Smiley, was joined today in a grand opening ceremony by Shanghai Jiading District main government officials.

To meet OEM requirements in China, Magna Steyr's current engineering center in Shanghai was relocated to a larger building in the Jiading District that accommodates a newly-built prototype shop which allows parts and equipment testing up to the development of complete prototype vehicles. At full capacity, the new engineering center can hold approximately 500 employees and can build up to eight prototype vehicles per week.

Gunther Apfalter, president of Magna Steyr commented: "This new engineering center, with its expanded capabilities, demonstrates the execution of our global growth strategy. Through our expanded operations and resources, we feel we are well positioned to help our OEM customers meet their objectives while at the same time open up new possibilities in the growing China market."

Magna Steyr began its operations in China in 2004. Since then Magna Steyr has grown to four engineering centers located throughout China and will open its first manufacturing facility with a fuel systems plant in Changchun later this year.