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
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
