PLANT

News Automotive Manufacturing General
August 10, 2020  

Martinrea loses $146.9M in Q2 on 51% drop in sales due to COVID-19

The autoparts manufacturer says it expects a strong third quarter as automakers replenish low vehicle inventories

News Government Manufacturing General
March 23, 2020  

Ontario mobilizing manufacturing to fight COVID-19

New website seeks ideas, solutions, innovations to ramp up production of needed coronavirus supplies.

News General
December 19, 2019  

Martinrea to buy structural components business from Mexico-based Metalsa

Canadian auto parts company will acquire six plants around the world with approximately 2,000 employees.

News Automotive Manufacturing General
November 13, 2019  

Martinrea earnings up 28% in Q3 despite GM strike

$4 billion revenue target pushed back to 2021 after several auto companies pushed back vehicle programs.

News Automotive Manufacturing General
November 28, 2018  

Martinrea to shut Ajax parts plant when GM ends Oshawa production

Plant is entirely dependent on GM’s assembly line, 77 workers to be relocated.

News Automotive Manufacturing General
May 1, 2017  

Auto parts maker Martinrea outperforms Q1 estimates

Q2 looks even stronger: estimating adjusted earnings of between 49 and 53 cents per share.

News Automotive Manufacturing General Operations Production
May 6, 2015  

Martinrea posts record $30.4M Q1 profit

Increase driven by North America and Europe operating segments.

News Automotive Manufacturing General
March 20, 2015  

Martinrea swings to profit of $11.9M in Q4

Quarterly sales a record at $941.8 million.

News Automotive Manufacturing Business Operations Economy General Operations
November 11, 2014  

Martinrea Q3 profit drops to $19.4M

Revenues hit a record $859.5M, up from $767.9 million.

News Automotive Manufacturing General
August 15, 2014  

Martinrea Q2 profit down from 2013, but up from Q1

Auto parts manufacturer’s revenue hits record high 12.7% to almost $931 million.

News Automotive Production
April 25, 2014  

Martinrea subsidiary to build Kansas auto parts plant

Will manufacture engine cradles and automotive assemblies for GM.

News Automotive Manufacturing Business Operations General Operations
March 31, 2014  

Martinrea looking for new CEO

Autoparts manufacturer also announces $51.4 million net loss for the three months ending Dec. 31.

News Automotive Business Operations Operations Technology
May 9, 2012  

Ford shortens summer shutdowns to boost production

Vehicle sales are up in April but down for the year in China, but business is booming in North America where Ford Motor Co. is adding a week of production several plants.