10:02 AM EST - Magna International Inc. : announced the closing of two plants and the elimination of 850 jobs north of Toronto by the middle of next year. Magna said it will gradually shut down the Exterion plants in Aurora and Newmarket, two operations that opened during the mid-1980s and currently employ many older workers. Magna International Inc.
shares T.MG.A are trading up 95 cents at $33.65.
