Auto industry has hit trough from COVID-19: Linamar CEO
Hasenfratz says auto sales have bounced back from Q2 lows, although still dragging from the pandemic.
Linamar withdraws 2020 financial outlook over virus impact
Auto parts manufacturer moved quickly to cut costs and capital spending, expects to be profitable for the year.
Linamar Q3 earnings up 5.5 per cent to $113.2M
Sales in its automotive-focused transportation division climbed 4.9 per cent.
Linamar hits record sales, earnings as manufacturer expands operations
Managed to increase sales, despite a soft market, in part by seizing market share.
Five innovation ‘superclusters’ to share $950M in government cash
They aim to encourage academia, not-for-profits and companies to work together on strategies to boost high-growth sectors.
Feds to invest $49M to support advanced manufacturing at Linamar
Ontario will provide a conditional grant of up to $50 million.
Auto parts maker Linamar reports Q3 profit down, shares fall more than 10%
But sales the quarter ending Sept. 30 grew to $1.55 billion, up from $1.46 billion last year.
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.
Linamar, GF Automotive to build $200M plant in NC
Jointly-owned GF Linamar will make aluminum die castings for automotive, industrial markets.
Linamar bids $1.16B for France’s Montupet
Auto parts maker aims to become a global leader in aluminum components.
Skyjack gives Brazil’s Olympics a lift
Its scissor lifts are handling key installation jobs at one of the country’s largest aviation hubs.
Linamar gets $101M in federal, Ontario funds for $507M expansion
Auto parts manufacturer has promised to create 1,200 jobs at its Guelph, Ont. plant over the next 10 years.
Linamar’s Hasenfratz is EY Entrepreneur Of The Year
Recognized for inspiring work and leadership at global auto parts firm.
Auto parts giants Magna, Linamar Q3 profits jump
Linamar says business wins position it for growth over next five years.
When motors fail
Camtac sends in the ASG team.
