Linamar
 |
|
| Public | |
| Traded as | : LNR |
| 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 | 287 Speedvale Ave W. Guelph, Ontario, Canada |
|
Key people
|
Frank Hasenfratz - Chairman Linda Hasenfratz - CEO |
|
Number of employees
|
18,000 (2014) |
| Website | www.linamar.com |
Based in Guelph, Ontario, Linamar Corporation is Canada's second largest automobile parts manufacturer. Linamar manufactures and supplies automotive and industrial markets across the globe with numerous manufacturing centres across North America, Europe, and Asia. Linamar employs over 23,000 employees in 57 manufacturing locations, 6 product development and engineering centers and sales presentation in 15 countries, along with 4 support facilities.
The company was founded in 1966 by Frank Hasenfratz as Linamar Machine Limited in Ariss, Ontario. The current CEO is Linda Hasenfratz and the company is now based in Guelph, Ontario.
Frank Hasenfratz named Linamar after his two daughters, Linda and Nancy and his late wife Margaret.
Linamar is a major factor in the economy of Southern Ontario, Canada. As a result, the federal government agreed to provide $50.7 million in a repayable loan to Linamar through its Automotive Innovation Fund and the province pledged up to $50.25 millionin a one-time grant in January 2015. That funding, plus an internal investment of $400 million (by the company) was intended for expansion that was expected to create 1,200 jobs in Guelph, Ontario by 2025. (Over 8000 people were employed by Linamar in that city at the time.)
The corporate office is located at 287 Speedvale Avenue West, Guelph, Ontario, Canada.
...
Wikipedia