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 is comprised of two operating segments: Mobility and Industrial. The Mobility segment focuses on propulsion systems, structural and chassis systems, energy storage, and power generation for electrified and traditional vehicles. The operating segment is organized into three regional groups North America, Europe, Asia Pacific, and the newly created Linamar Structures product group. Each regional mobility group is a vertically integrated operation combining expertise in light metal casting, forging, machining, and assembly, while the Linamar Structures Group provides lightweight innovations for components and systems in the mobility market. In addition, the eLIN Product Solutions Group focuses on electrification, and McLaren Engineering provides design, development, and testing services for the Mobility segment.
Mobility | Industrial | ||
Operating Groups | Market | Operating Groups | Market |
North America Regional Mobility Group Europe Regional Mobility Group Asia Pacific Regional Mobility Group Linamar Structures product group |
Automotive Off-highway Commercial vehicle |
Skyjack | Aerial work platforms |
Linamar Agriculture | Agricultural equipment |
-In the fiscal year ended December 31, 2024, 70.7% of the Company's sales came from the Mobility Division, while the remaining 29.3% were from the Industrial Division.
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
-Disconnect systems
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
Structure and chassis components
-Axle shafts
-Steering knuckles
-Wheel hubs
-Semi-trailing arms
-Bearings
-Shock towers
-Centre consoles
-Cross car beams
-Wheel spindles
-Crossrails
-Suspensions
eLIN
-Power Generation
- Fuel cell powertrains and components
-Power Storage
- Auxiliary battery pack modules
- Flexform Conformable Hydrogen Storage Tank
-Propulsion Systems
- Electric Axle (eAxle)
- eAxle gearboxes
-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. |
1980s | 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. |
Aug. 2023 | Completed the acquisition of 3 Dura-Shiloh’s battery enclosures facilities in Alabama (U.S.), the Czech Republic, and North Macedonia. |
Nov. 2023 | Completed the acquisition of Mobex Fourth and 1, LLC's chassis and suspension assets. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2007
>>>Business Report FY ended Dec. 31, 2008
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>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2012
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>>>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
>>>Business Report FY ended Dec. 31, 2022
>>>Business Report FY ended Dec. 31, 2023
>>>Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss