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History
The history of Engineering Center Steyr
In 1864 everything started and until now, we are writing history. Read more about the milestones of the Engineering Center Steyr.
1864
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Josef und Franz Werndl&Comp. Waffenfabrik und Sägemühle (Arms Factory and Sawmill) is established in Oberletten near Steyr, Upper Austria.
1926
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In accordance with the resolution at the 1925 annual general meeting, Josef und Franz Werndl&Comp. Waffenfabrik und Sägemühle (Arms Factory and Sawmill) is renamed STEYR-WERKE AG and entered in the Vienna register of companies.
1928
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May 21: Puchwerke AG shareholders' meeting approves merger with Österreichische Daimler-Motoren AG.
December 28: The new company, Austro Daimler Puchwerke Aktiengesellschaft, is entered in the Vienna register of companies.
1935
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After the approval at Steyr-Werke AG shareholders' meeting to merge with Austro Daimler Puchwerke Aktiengesellschaft, the new Steyr-Daimler-Puch AG is entered in the Vienna register of companies.
1957
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Frank Stronach founds the company Multimatic.
1969
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Multimatic merges with Magna Electronics.
1973
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Magna Electronics Corporation Limited changes it name to Magna International Inc.
Magna opens its first headquarter in Toronto, Canada.
1983
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Founding of "Steyr Motorentechnik GmbH"
1995
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Founding of "Engineering Center Steyr GmbH & Co KG"
1998
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In 1998 MAGNA International Inc. acquires a majority holding in Steyr-Daimler-Puch AG. From 1996 to 1998, Magna undergoes a major European expansion, acquiring a number of European-based automotive system suppliers.
2004
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MAGNA STEYR's business unit Powertrain is hived off into the independent Magna Group Magna Drivetrain, which focuses on the development and production of drivetrain technologies and all-wheel-drive systems.
2005
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Founding of Magna Powertrain following the merger of Magna Drivetrain, Tesma International and the Engineering Center Steyr.
2015
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Magna divests its interior business and acquires GETRAG Group of Companies, one of the world’s leading independent suppliers of automotive transmissions