GF Linamar JV wins $300M order for lightweight components
Magnesium components will be produced at a new plant in Mills River, NC, to open in October.
GUELPH, Ont. — GF Linamar, a joint venture between GF Automotive and Canadian automotive parts manufacturer Linamar Corp., has won a US$300 million contract from an unidentified US manufacturer to produce lightweight magnesium components.
The contract, which will run over a five-year period, includes cross car beams for a new pickup truck model.
The magnesium components will be produced from 2020 at a new plant in Mills River, NC, which is to open in October.
Swiss-based GF Automotive a manufacturer of components for passenger cars, trucks and industrial applications.
The division provides casting solutions based on iron, aluminum and magnesium at 11 production plants in Germany, Austria, China and the US.
Linamar, based in Guelph, Ont., makes automotive parts and other industrial products.