Category «Uncategorized»
Linamar to Acquire Propulsion-Agnostic Business from Mobex
Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, RecordRevenues and Continued Free Cash Flow
Linamar Announces Closing of Dura Battery Enclosures Business
Linamar Acquires 3 Battery Enclosures Factories Accelerating Electrification Evolution
Earnings Nearly Double at Linamar in First Quarter 2023 on Recovering Markets, Supply Chains and Launching Business, New Giga Structural Facility Announced
Linamar to Showcase its New Fully Electric Technology Demonstrator Truck and other EV Innovations at ACT Expo 2023
Exceptional Top and Bottom Line Growth at Linamar in Fourth Quarter Takes Company to a Record Sales Year

March 8th, 2023 (GUELPH) Sales up 34.3% and Net Earnings up 83.7%; Record level of annual sales of $7.92 billion; Outstanding and also a record year in new business wins (“NBW”); Greater than 50% of full year NBW with electrified vehicles for over $1 billion in annualized sales won, triple any prior year level of …
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 …
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
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