Linamar Corporation
Company Profile
Business Overview
-The Company provides precision products for powertrain systems to the light vehicle, commercial truck, off-highway, energy and industrial OEM markets.
-The company consists of two business segments: Mobility and Industrial. The Industrial segment is divided into Aerial Work and Agriculture, while the Mobility segment provides machining and assembly, light metal casting, and forging technologies for automobiles, construction equipment, and commercial vehicles.
Mobility | Industrial | ||
Solution | Market | Solution | Market |
-Machining and Assembly -Light Metal Casting -Forging |
-Automotive -Off-highway -Commercial vehicle |
-Skyjack | -Aerial work |
-MacDon and Salford | -Agriculture | ||
Electrification Group | |||
eLIN* |
-In the fiscal year ended December 31, 2022, 75.8% of the company's sales were in the Mobility Division, 24.2% were in the Industrial Division.
*eLIN
-In September 2021, Linamar announced the formation of its eLIN Product Solutions Group (eLIN), which focuses on pioneering electrification technologies for Linamar’s products in its Mobility and Industrial businesses, as well as future new markets.
-eLIN focuses on four key areas: Power Generation, Power Storage, Propulsion Systems, and Structural & Chassis offerings for electrified vehicles.
Shareholders
-The Company is listed on the Toronto Stock Exchange.
Products
Driveline components
-Differential assemblies
-Hybrid power units
- Electric AWD E-Axle
-Power transfer units (PTU)
- One, two and three axes versions
-Rear drive units/modules (RDU/RDM)
- Mechanical and electronic LSD
- Integrated oil cooler pumps
-Engineered gears
Transmission components
-Shaft & shell assemblies
- Automatic applications
- Manual applications
- Transfer case applications
- Grobbed or flow formed housings
-Differential assemblies
- Complete assembly with ring gear and pinions
- Helical ring and pinion for axles
- Helical ring and pinion for FWD transmission
- One-piece or two-piece designs
-Transmission gears
- Drive and driven sprocket assemblies
- Speed gears
- Sun, pinion and ring gears
- Park gears
-Clutch modules
-Cases, covers and housings
-Carriers and planetary assemblies
-Valve bodies
-One-way clutches
-Transfer case pump housings
-Center housings
-Transmission and driveline shafts
Engine components
-Cylinder blocks
-Cylinder heads
-Connecting rods
-Camshafts
-Balance shaft modules
-Fuel rails, pumps & bodies
- High-pressure fuel rails for common rail diesels
-Flywheels
-Fuel injector bodies
-Fuel pump housings
-Turbocharger housings
Chassis components
-Axle shafts
-Steering knuckles
-Wheel hubs
-Bearings
-Shock towers
-Centre consoles
-Cross car beams
-Wheel spindles
eLIN
-Power Generation
- Fuel cell powertrains and components
-Power Storage
- Flexform Conformable Hydrogen Storage Tank
-Propulsion Systems
- Electric Axle (eAxle)
-Structural & Chassis
- Battery enclosure systems
- Subframes
- Subsystems
- eAxle cradles
History
Aug. 1966 | Established in Canada, founded on machining for the defense, aerospace and automotive industries. |
in the 1980's | Decision was made to focus on the automotive sector. |
1985 | Became a public company. |
1986 | Listed on the stock exchanges in Toronto |
1998 | Acquired US cylinder head connecting rod manufacturer Eagle Manufacturing L.L.C (owns 60%). |
1998 | Owned a 55% joint venture interest in an engine assembly and components business located in Mexico. |
2000 | Formed a joint venture for casting with Canadian Wescast Industry Inc. in Hungary. |
2000 | Formed a joint venture with TRW Inc. to supply assembled cylinder head modules for engine builders. |
2001 | Purchased approximately CAD 4 million of the outstanding shares in the capital of Skyjack Inc, which manufactures elevating work platforms, constituting a 48.5% equity interest for a total purchase price of CAD 22.1 million. |
2003 | Acquired McLaren Performance Technologies |
2005 | Lauched the Company's sixth operational group, Asia-Pacific Group. Construction of a production facility in China was started. |
2006 | The Transmission/Driveline Group was created by combining the former Transmission and Chassis Group. |
2011 | Acquired three automotive components business from Famer Group of France. |
Oct. 2013 | Acquired Mubea Motorkomponenten GmbH’s (“MMKG”) business of manufacturing and distributing assembled camshafts. |
Sept. 2014 | Acquired high volume hot-forged product business from Carolina Forge Company, LLC ("CFC"), located in Wilson, North Carolina. |
Jan. 2015 | Completed the acquisition of Seissenschmidt AG ("SEI"), a Germany company which specializes in high-volume hot forgings. |
Jul. 2015 | Agreed to form joint venture with GF Automotive for a light metal foundry to produce high-pressure die castings. |
2016 | Completed acquisition of Montupet S.A., a manufacturer of cast aluminum parts for the automotive industry. |
Feb. 2020 |
The Company established its European electromobility center in Bekescsaba, Hungary. |
Apr. 2022 |
The company acquired a 50% stake in the joint venture GF Linamar LLC from GF. It becomes the sole owner of the Mills River facility. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2007
>>>Business Report FY ended Dec. 31, 2008
>>>Business Report FY ended Dec. 31, 2009
>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2012
>>>Business Report FY ended Dec. 31, 2013
>>>Business Report FY ended Dec. 31, 2014
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020
>>>Business Report FY ended Dec. 31, 2021
>>>Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss