Magna International is to acquire sports car maker Porsche’s North American engineering services unit, Porsche Engineering Services (PES) based in Troy, Michigan, with 120 staff working primarily on OEM programmes for North America.
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When the deal is completed, PES will be integrated into Magna Steyr North America, which includes the company’s Engineering Centre Detroit and the recently announced operational responsibility for DaimlerChrysler’s Jeep Toledo North plant paint facility.
Magna Steyr North America has around 300 workers in three facilities located in Rochester Hills, Michigan, and Toledo, Ohio.
Magna co-chief executive officer Siegfried Wolf said: “The acquisition of PES enhances our engineering activities in the North American market in a targeted and strategic way. By adding the extensive capabilities of PES, particularly in body development, we can offer our OEM customers a wider and deeper range of engineering services.”
Porsche board member responsible for R&D, Wolfgang Dürheimer, added: “In the future, we will control all development activities for external customers through the Porsche Engineering Group (PEG) in Weissach for efficiency reasons. We are thus delighted to have found a respected group like Magna Steyr North America to be the future owner of PES in Troy, and are confident that it will provide PES’ employees with good prospects for the future.”
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By GlobalDataPEG will in future manage all development projects for external Porsche customers world-wide.
It has access to all the facilities and test beds of the main development centre in Weissach, the 2,300 employees in the development division and employees in subsidiaries in Bietigheim-Bissingen (Germany) and Prague (Czech Republic).
Following the sale of PES Troy, PEG has around 400 employees.
Separately, Porsche also named Miloš Polášek (35) the new managing director of Porsche Engineering Services (PES) in Prague, succeeding Jaroslav Talácko who died last March.
PES Prague primarily operates in the area of technical analysis and simulation, for both its own development and external Porsche customers.
Polášek is also a lecturer in the faculty of mechanical engineering at the technical university in Prague.
Porsche and TU Prague have worked closely since 1996. In 2001, this successful co-operation between industry and science led to the founding of PES Prague, in which the late Talácko played a key role. Since 2005, the three best dissertations by students at the Prague technical university each year have been presented with the Porsche Engineering Award.
PES Prague is a wholly owned subsidiary of Porsche Engineering Group, Weissach.
