This article needs additional citations for verification. (September 2009) |
Company type | Public |
---|---|
TSX: LNR S&P/TSX Composite Component | |
Industry | Automotive, Manufacturing of high precision machined and assembled components |
Founded | August 17, 1966, by Frank Hasenfratz as Linamar Machine Limited in Ariss, Ontario |
Headquarters | Guelph, Ontario, Canada |
Key people | Frank Hasenfratz - Founder Linda Hasenfratz - CEO & Chairman |
Number of employees | 27,000 worldwide (2019)[1] |
Website | www.linamar.com |
This article contains promotional content. (September 2022) |
Linamar Corporation (TSX: LNR) is a manufacturing company serving the mobility, access, agriculture, and MedTech industries.[2][3] The company has three operating segments: Industrial, Mobility, and eLIN.
The company has several groups. The eLIN Product Solutions Group specialises in electrification, while McLaren Engineering provides design, development, and testing services. Linamar MedTech, the company's medical group, focuses on manufacturing medical devices and precision medical components. Linamar has 26,550 employees in 65 manufacturing locations, 14 R&D centres, and 28 sales offices in 17 countries in North and South America, Europe, and Asia, which generated sales of $6.5 billion in 2021. It is Canada's second-largest automobile parts manufacturer (after Magna International). Based in Guelph, Ontario, the company's various operations employ more than 29,000 people worldwide in a total of 60 manufacturing plants, 8 R&D centres, and 25 sales offices in 17 countries located in North and South America, Europe, and Asia. Total sales in 2018 were $7.6 billion.[4]