Auto manufacturer to shut down operations at St. Catharines facility

An auto part manufacturer has announced it is shutting down operations at its  facility in St. Catharines, a move that will affect over 100 employees.

Magna has confirmed that work being completed at the Venest Industries facility will be transferred to a different location in the Greater Toronto Area once the doors close.

The phased transition is expected to take place from March 2024 to the spring of 2025.

The company describes the decision to transition away from its Niagara facility as a “difficult” one and says it remains committed to ensuring a smooth transition for all affected employees.

According to Magna, 137 employees will be affected by the move. The company says those affected will be able to “explore future opportunities” at one of its 50 remaining division across Ontario.

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