Magna Unit Wins GM Supply Deal

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Cosma International, a unit of Canadian parts supplier Magna International, has been awarded a contract to produce truck frames for General Motors Company (GM). Magna has not revealed the value of the contract, which will see Cosma produce GM's third-generation frames for full-size pick-ups and SUVs at its plant in St Thomas, Ontario However, as the deal replaces an existing frame supply contract, Cosma will not hire additional