GF Linamar, a venture between GF Automotive and Linamar, has been awarded a large order from a U.S. manufacturer to produce lightweight magnesium components. The value of the contract amounts to a total of around $300 million over five years.
The order consists of cross car beams for a new pickup model. The components made of magnesium will be produced from 2020 onwards at the new plant in Mills River, North Carolina.
This plant, which GF will operate with Linamar, was scheduled to open in October.
“The order is another important milestone in the expansion of GF’s presence in the North American market and consequently for implementing its 2020 strategy,” GF Linamar said in a news release.