Company Overview of Cosma International Inc.
Cosma International Inc. manufactures and supplies automotive body and chassis systems for original equipment manufacturers. Its body systems include exterior sheet metal and closure systems, body structure systems, and energy management solutions. The company’s chassis systems comprise frames and chassis subframes, suspension links and arms, and chassis modules. It also offers renewable energy systems, such as solar systems, wind systems, engineering solutions, and prototypes. The company was founded in 1987 and is based in Brampton, Canada. It has manufacturing facilities and product development and engineering centers worldwide. Cosma International Inc. operates as a subsidiary of Magna I...
2550 Steeles Avenue East
Brampton, ON L6T 5R3
Founded in 1987
Key Executives for Cosma International Inc.
Executive Vice President of Structural Systems
Executive Vice President of Body Systems
Executive Vice President of Europe
Compensation as of Fiscal Year 2013.
Cosma International Inc. Key Developments
Cosma International Inc. Plans to Open Automotive Casting Components and Systems Facility in the City of Battle Creek
Jan 24 13
Cosma International Inc. announced that the company plans to open an automotive casting components and systems facility in the city of Battle Creek, subject to completing all necessary commercial arrangements and receiving necessary approvals. Once established, the facility will be known as Cosma Casting Michigan and is expected to create up to 572 new jobs based on investment of up to $162 million. As a result, the company has been awarded a $1.6 million Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites. The city of Battle Creek has offered support to the project in the form of property tax abatements.
Cosma International Inc. Plans to Establish INR 3 Billion Plant in India
Dec 29 11
Cosma International Inc. is setting up a plant in Talegaon, near Pune in India with an investment of INR 3 billion ($55.3 million). The plant will be ready in a year. Cosma is manufactures a comprehensive range of metal body systems, components, assemblies and modules including complete vehicle frames, chassis systems and body-in-white systems. The company acquired the land from ZF Steering Gear India for INR 470 million, which was planning to set up a facility for manufacturing mechanical and hydraulic powered steering gears at the same site.
Cosma International Inc. Announces to Open New Facility in Arizona for Renewable Energy
Dec 13 11
Magna International Inc. announced that its unit Cosma International Inc. will strengthen its manufacturing presence in the renewable energy market by opening a manufacturing facility in Phoenix, Arizona. The new facility, to be called Cosma Power Systems, is expected to be ready for production in December 2011. This 166,000-square-foot facility will produce metal structures and roll-formed components and systems for the photovoltaic (PV), concentrated photovoltaic (CPV), and concentrated solar power (CSP) solar markets. At the start of production, the company expects to create approximately 50-60 full-time new jobs.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|