Linamar Corporation is a publicly traded Canadian manufacturing company that operates worldwide. It is Canada’s second-largest automobile parts manufacturer (after Magna International).
Linamar manufactures and supplies products to automotive and industrial markets. Linamar has two divisions, Powertrain/Driveline and Industrial. These are further divided into the areas of machining and assembly, light metal casting (Montupet), forging (Seissenschmidt), aerial work platforms (Skyjack), and agricultural equipment (MacDon and OROS).
Based in Guelph, Ontario, the company’s various operations employ more than 29,000 persons worldwide in a total of 60 manufacturing plants, 8 R&D centers and 25 sales offices in 17 countries located in North and South America, Europe and Asia. Total sales in 2018 were $7.6 billion.
Traded as: TSX: LNR; S&P/TSX Composite Component
Industry: Automotive, Manufacturing of high precision machined and assembled components
Founded: August 17, 1966 by Frank Hasenfratz as Linamar Machine Limited in Ariss, Ontario
Headquarters: Guelph, Ontario, Canada
Website: www.linamar.com
Leave a Reply