Author archives

Vaccine Clinic: Applying Principles of Lean and High Volume

Written By: Roxanne Rose, Linamar Global Vice President of Human Resources Well into our COVID-19 pandemic ‘New Normal’ we learned how to quickly adjust and adapt. At Linamar, we have guiding Leadership Behaviours and Values we attempt to instill in our employees. One of those behaviours is Responsiveness. The leadership value was originally meant to …

Linamar Launch in Action:  The Thornhill Ventilator Project

Written By: Shane Simpson, LEAP Management Rotation Candidate, Thornhill Program Manager Shane Simpson, LEAP Management Rotation Candidate, Thornhill Program Manager Having worked in Linamar’s Skyjack division prototype department, I had seen firsthand many new program launches. The effort required to get a new model or product from the R&D concept to full production is no …

Double Digit Top and Bottom-Line Growth, Positive Free Cash Flow at Linamar Despite Very Tough Cost Environment

November 9, 2022, Guelph, Ontario, Canada (TSX: LNR) Excellent new business wins (“NBW”) take launch book to more than $5.0 billion; 71% of year to date (“YTD”) NBW with electrified vehicles; Sales up 27.5% and Net Earnings per Share – Diluted – Normalized up 19.4%; Sales up 22.9% for Industrial due to the sales from …

Q3 2022 Update on Market Conditions

Linamar Corporation (TSX:LNR) today released insights regarding the market activity observed during Q3 2022, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Mobility markets in which it operates READ MORE

Linamar to supply Commercial Vehicle eAxle program to Workhorse Group

September 6th, 2022 (GUELPH) – Linamar Corporation (TSX:LNR) today announced that it has secured a new eAxle system contract with Workhorse Group for commercial vehicle delivery trucks. The Medium Duty beam axle propulsion system was designed and developed by Linamar’s eLIN Group, a product solutions group dedicated to electrification for all Linamar’s products. This is …

Linamar MedTech Achieves ISO 13485 Certification for Medical Device Manufacturing

August 24, 2022 (GUELPH) – Linamar Corporation (TSX:LNR), a leading global diversified manufacturing company, announced today its iHub production site has received ISO 13485 certification for medical device production. The achievement is a critical milestone for the company’s recently announced MedTech group, clearing the way to Linamar becoming a leading supplier to the global Medical …

Strong Markets and Market Share Performance Drive Earnings Growth at Linamar Despite Tough Cost Environment

August 10, 2022, Guelph, Ontario, Canada (TSX: LNR) Excellent new business wins (“NBW”) take launch book to nearly $4.9 billion; 74% of year to date (“YTD”) NBW with electrified vehicleS Sales up 28.2% for Industrial due to strong agricultural and access sales on stronger markets and market share growth; Sales up 25.0% for Mobility on …

Q2 2022 Update on Market Conditions

Linamar Corporation (TSX:LNR) today released insights regarding the market activity observed during Q2 2022, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Mobility markets in which it operates. READ MORE

Ballard Power & Linamar Corporation achieve concept demonstration milestone

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VANCOUVER and GUELPH, CANADA – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) and Linamar Corporation (TSX: LNR) today announce the unveiling of its concept hydrogen fuel cell powered class 2 truck chassis. The technology demonstration platform is showcased this week at the ACT Expo (https://www.actexpo.com/) displayed in a RAM 2500 truck chassis. Testing on the …

Linamar Corporation Announces the Acquisition of Salford Group in a Significant Expansion of its Agriculture Portfolio

April 27, 2022 (GUELPH) – Linamar Corporation (TSX:LNR) today announced that it has entered into an agreement to acquire 100% of the issued and outstanding equity of the Salford group of companies (the “Salford Group”). The Salford Group is a global leader in crop nutrition application and tillage products. Under the terms of the agreement, …

Q1 2022 Update on Market Conditions

Linamar Corporation (TSX:LNR) today released insights regarding the market activity observed during Q1 2022, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Mobility markets in which it operates. READ MORE

Q4 2021 Update on Market Conditions

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Linamar Corporation (TSX:LNR) today released insights regarding the market activity observed during Q4 2021, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates. READ MORE

Linamar & the Hasenfratz Family Announce the Passing of Founder Frank Hasenfratz

It is with profound sadness that the Board of Directors of Linamar Corporation announces the passing of the Company’s Founder, beloved leader and long-time Executive Chairman, Frank Hasenfratz.  Mr. Hasenfratz passed away peacefully on January 8th, 2022 at his home surrounded by his family after a courageous battle with cancer.  He was 86 years old.  …

Linamar Announces TSX Approval of Normal Course Issuer Bid

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Linamar Corporation (“Linamar” or the “Company”) (TSX: LNR) announces that the Toronto Stock Exchange (“TSX”) has accepted the Company’s notice of intention to commence a Normal Course Issuer Bid (the “NCIB”). The Company believes that the NCIB is in the best interest of the Company, will increase shareholder value, and constitutes a desirable use of …