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Magna Forms Door Module JV in China
Canada’s Magna International Inc. and Beijing Hainachuan Automotive Parts Co. (BHAP) have formed a joint venture to produce door modules in China.
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Canada’s Magna International Inc. and Beijing Hainachuan Automotive Parts Co. (BHAP) have formed a joint venture to produce door modules in China.
Founded in 2008, BHAP makes a variety of interior and exterior components, including seats, accessories, electronics and chassis systems. Last year the company posted sales of 51.2 billion yen ($470 million).