Linamar

Linamar Corporation
Company typePublic
TSXLNR
S&P/TSX Composite Component
IndustryAutomotive, Manufacturing of high precision machined and assembled components
FoundedAugust 17, 1966, by Frank Hasenfratz as Linamar Machine Limited in Ariss, Ontario
HeadquartersGuelph, Ontario, Canada
Key people
Frank Hasenfratz - Founder
Linda Hasenfratz - CEO & Chairman
Number of employees
27,000 worldwide (2019)[1]
Websitewww.linamar.com
Linamar corporate headquarters

Linamar Corporation (TSX: LNR) is a manufacturing company serving the mobility, access, agriculture, and MedTech industries.[2][3] The company has three operating segments: Industrial, Mobility, and eLIN.

The recently formed eLIN Product Solutions Group specialises in electrification, while McLaren Engineering provides design, development, and testing services. Linamar MedTech, the company's medical group, focuses on manufacturing medical devices and precision medical components. Linamar has 26,550 employees in 65 manufacturing locations, 14 R&D centres, and 28 sales offices in 17 countries in North and South America, Europe, and Asia, which generated sales of $6.5 billion in 2021. It is Canada's second-largest automobile parts manufacturer (after Magna International). Based in Guelph, Ontario, the company's various operations employ more than 29,000 people worldwide in a total of 60 manufacturing plants, 8 R&D centres, and 25 sales offices in 17 countries located in North and South America, Europe, and Asia. Total sales in 2018 were $7.6 billion.[4]

  1. ^ "About | Linamar".
  2. ^ Leeder, David (2023-02-01). "Wednesday's analyst upgrades and downgrades". The Globe and Mail. Retrieved 2023-02-27.
  3. ^ "Our Company". Linamar. Retrieved 2023-02-27.
  4. ^ https://www.linamar.com/sites/default/files/press/Q1%202019%20Press%20Release.pdf [bare URL PDF]

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search