Category «Organizational News»
Linamar Acquires Seeding Expert Bourgault Industries, Significantly Bolstering its Agriculture Business
Linamar Completes Acquisition of Mobex Assets
Linamar to Acquire Propulsion-Agnostic Business from Mobex
Linamar Announces Closing of Dura Battery Enclosures Business
Linamar Acquires 3 Battery Enclosures Factories Accelerating Electrification Evolution
Linamar to Showcase its New Fully Electric Technology Demonstrator Truck and other EV Innovations at ACT Expo 2023
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 …
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 …
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 …
Linamar Completes the Acquisition of the Salford Group
June 3rd, 2022 (GUELPH) – Linamar Corporation (TSX:LNR) today announced that it has completed its acquisition of the Salford group of companies (the “Salford Group”), a global leader in crop nutrition application and tillage products.The acquisition is an important milestone in the expansion of Linamar Agriculture’s portfolio. READ MORE
Linamar Corporation Announces Voting Results from Annual General Meeting
May 26 2022 (GUELPH) – Linamar Corporation (TSX:LNR) today announced detailed results of the votes cast fortwo motions held during the Annual General Meeting of the Company on Thursday, May 26, 2022 in Guelph,Ontario. READ MORE
Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components
Linamar Corporation (TSX:LNR) today announced the formation of Linamar MedTech, a new medical manufacturing group which will focus on leveraging its expert capabilities in precision manufacturing to pursue opportunities in the Medical Device and Precision Medical Component markets. READ MORE
Ballard Power & Linamar Corporation achieve concept demonstration milestone
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, …
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. …
Canada’s Linamar Corporation CEO Linda Hasenfratz joins the California Mobility Center Board of Directors
The California Mobility Center (CMC) announces the addition of new board member Linda Hasenfratz. Hasenfratz is the Chief Executive Officer of Linamar Corporation (TSX:LNR), a Canadian advanced manufacturing company specializing in industrial and mobility markets applications. READ MORE
Linamar Announces TSX Approval of Normal Course Issuer Bid
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 …
Linamar Announces Formation of eLIN Product Solutions Group
Linamar Corporation (TSX:LNR) today announced the formation of its eLIN Product Solutions Group, which will focus on leveraging exciting electrification opportunities for Linamar’s products in its Mobility and Industrial businesses, as well as future new markets.
Linamar Partners with Alberta Innovates to Grow Canada’s Agricultural Impact Globally
Transforming farming through innovationby Dwayne Brunner | Jul 19, 2019 | New Press– Alberta Innovates, along with its partners, are announcing their successful application for the Canadian Agri-Food Automation and Intelligence Network (CAAIN). This Strategic Innovation Fund Stream 4 award is provided by the federal ministry of Innovation, Science and Economic Development.CAAIN brings together over 61 technology and agri-food companies to …
Linamar Helps Power the Western Ontario University Formula Racing Team
Western Ontario University Formula Racing team students design, build and race a Formula-style race car every year. The car is fully designed and built by the team during the school year, and the summer is spent testing and competing at races all over North America. The team’s success is attributed to sponsors, who provide the …
Linamar Corporation and the Hasenfratz, Newton and Stoddart Families make history with the largest ever donation in Guelph in support of health care
Guelph, Ontario – History was made in Guelph today with news of an unprecedented donation from the community in support of healthcare delivery. Linamar Corporation along with the Hasenfratz, Newton and Stoddart families are donating $5,000,000 to Guelph General Hospital in support of the Hospital’s most urgent and essential equipment needs, leading to more precise …
Linamar Announces Closing of its Acquisition of MacDon
Linamar Corporation (TSX:LNR) today announced that it has completed its acquisition of 100% of the outstanding equity interests of MacDon and its Group of Companies on the terms previously announced on December 14th, 2017. Headquartered in Winnipeg, Manitoba, Canada, MacDon is a global innovative market leader in the design and manufacturing of specialized agriculture harvesting …
Linamar Scholarships for Women in Engineering and Business at University of Western Announced
Women seeking to combine engineering and business degrees will receive a major boost at Western, thanks to a $5-million gift from Linamar Corporation and the families that grew it from a one-lathe machine shop into a multi-billion-dollar global enterprise. Linamar, its CEO Linda Hasenfratz and her husband Ed Newton, and Linamar founder Frank Hasenfratz have invested …
Linamar Corporation Recognized by FCA as 2016 Powertrain Supplier of the Year Winner
FCA US LLC honored Linamar Corporation with the Powertrain Supplier of the Year Award at the Company’s annual Supplier Conference held at MotorCity Casino Hotel in Detroit on May 3rd. The Supplier of the Year awards recognize companies that have shown an extraordinary commitment to innovation, quality, warranty, cost, delivery and the FCA Foundational Principles. “We …
Linamar Corporation Recognized by General Motors as a 2016 Supplier of the Year Winner
Linamar Corporation was named a GM Supplier of the Year by General Motors during its 25th annual Supplier of the Year awards ceremony held Friday, March 31 in Orlando, Florida. GM recognized 118 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or brought new innovations to the company. …
Linamar CEO is Honoured as University of Victoria’s 2016 Distinguished Entrepreneur
See University of Victoria’s Media Release below: Linda Hasenfratz, CEO of Linamar Corporation, is the Peter B. Gustavson School of Business 2016 Distinguished Entrepreneur of the Year. The award is given to leaders who have achieved success through their business acumen and entrepreneurial spirit. Hasenfratz joined her father’s company in 1990 and worked her way up from …
Implementation by Linamar GmbH and Linamar Forging Holding GmbH of a squeeze-out for Montupet SA shares
You wish to access a web page dedicated to documents and information relating to the tender offer on all securities issued by Montupet S.A (the “Offer”). The Offer is being made exclusively in France. Generally, the distribution of any document relating to the Offer and participation in the Offer may be subject to legal restrictions …
Reopening of Linamar’s public tender offer for outstanding shares of Montupet S.A.
You wish to access a web page dedicated to documents and information relating to the tender offer on all securities issued by Montupet S.A (the “Offer”). The Offer is being made exclusively in France. Generally, the distribution of any document relating to the Offer and participation in the Offer may be subject to legal restrictions …
Linamar earns 2015 Ontario Employer designation from the Provincial Partnership Council
The Ontario Employer designation recognizes employers that support the futures of significant numbers of young people across the province through experiential learning programs. Every time an employer provides a student with the opportunity to gain work-related knowledge, skills and experience, they make a positive contribution to the quality of a young person’s life and career prospects. …
