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China has most competitive cost base for Magna
From HYPERLINK http://www.G www.G February 25, 2007
Fred Kao
Vice President of Magna International China.
Just prior to assuming his current position, Mr. Kao had been responsible for establishing the Magna Closures operations in China. This included the establishment of the China sourcing office and the China manufacturing operations.
Reporting to the President of Magna International, Mark Hogan, Mr. Kao’s responsibilities include strategic oversight of Magna’s operations for the Region.
His prior experience in the automotive industry includes management responsibilities with General Motors from 1984 to 1989. With General Motors, Mr. Kao held positions in engineering, quality control and production.
Keith Lomason
Executive Director of Magna International China.
In February 2004, Keith Lomason was appointed Executive Director, Magna International, China. Keith’s direct experience with China dates back to the early 1980’s, when he was trained as a Chinese Linguist by the US Marine Corps, and had an opportunity to visit the mainland during a 2 year tour of duty in Okinawa, Japan. After an honorable discharge from the Marines in 1985, Keith joined his family run automotive business, Douglas and Lomason Company, where he held positions in Employee Involvement, Production, Material Control, and Factory Management. In 1993, he visited China on a fact-finding mission, and subsequently was assigned to perform the partner selection and contract negotiations for the formation of a 50/50 Sino-US joint venture founded in February 1996. Keith was appointed President of, and managed for 8 years, Shanghai Lomason Automotive, specializing in manufacturing seat frames for the domestic market. Magna International acquired all of Douglas and Lomason Company in late 1996, including the 50% ownership of Shanghai Lomason Automotive, and the JV subsequently became one of Intier Automotive’s op
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