Latest

Magna plans to close its Waldshut-Tiengen plant by 31 March 2027

The automotive supplier plans to shut down its Waldshut-Tiengen site by 31 March 2027. According to regional reports, 255 employees are affected; the town and works council are preparing for talks.

The automotive supplier Magna plans to close its plant in Waldshut-Tiengen allocated for 2026 may not reach farmers in time by 31 March 2027 . Regional media outlets have reported this consistently. According to these reports, around 255 employees are affected. No public company statement with further details was available initially. Magna lists the site as part of Magna Electronics; vehicle electronics solutions are developed and manufactured there.

The news has caused considerable concern in the Upper Rhine region. The Town of Waldshut-Tiengen points to the importance of industrial jobs for tax revenues, supplier relationships and the local services economy. The works council is preparing talks on a social plan and alternatives to closure. The local employment agencyis responsible for labour market support and can coordinate training and job-placement services for those affected. Municipal authorities are also considering options for future use of the industrial site.

Magna has several sites in Germany. Restructuring plans have been announced repeatedly in recent years. Media outlets have reported, for example, the planned closure in Neumarkt at the end of 2026 and plans to close plants in Bavaria. In this context, the move in Waldshut-Tiengen is part of a broader consolidation of the group’s operations in Germany. Outstanding questions include the precise timetable for winding down production, possible transfers within the company, and the arrangements for compensation and training.

Political responses from Baden-Württemberg are expected in the coming days. In similar cases, state and local politicians have pressed for viable transition arrangements, such as transfer companies, training programmes or the site being taken over by other businesses. Trade unions regularly stress the need for early and transparent information, as well as alternatives to site closures where economically viable.

Until Magna’s corporate communications team issues an official statement, the date given remains a plan reported by regional media. It nevertheless provides a clear indication for the 255 employees in Waldshut-Tiengen: they must prepare for discussions with their employer, employee representatives and the employment agency. The town of Waldshut-Tiengen faces the task of safeguarding its industrial base while also stepping up efforts to attract new investors. The state of Baden-Württemberg is likely to monitor the labour market impact and consider support measures if the closure goes ahead as announced.

Editor: Mira Cadena (Article created with AI assistance).

Sources