Magna Donates $100,000 to Tsunami Relief

Magna International will provide $100,000 to the Canadian Red Cross for victimsof the earthquake and tsunami disaster in South Asia. In the company's press release, Magna's president Frank Stronach said, "In making this donations, I am conscious that no doubt several of our 80,000 employees in 23 countries have relatives and friends in Indonesia, Sri Lanka, India, Thailand and other nations affected by the tragedy."