Linamar Corporation

Company Profile

■URL

http://www.linamar.com

■Address

287 Speedvale Avenue West, Guelph, Ontario, N1H 1C5, Canada

Business Overview

-The Company is Canada's second-largest automotive supplier after Magna International. The Company consists of two operating segments: the Powertrain/Driveline segment and the Industrial segment.

-The Powertrain/Driveline segment manufactures precision-machined components for engines, transmissions and driveline systems. Components that the Company manufactures include transmission cases and clutch modules for transmissions, power transfer units and rear drive units for driveline systems, cylinder blocks and cylinder heads for engines, pumps, planetary gear assemblies, and housings.


-In 2014, the Company acquired two forging companies, Carolina Forge Company, LLC and Seissenschmidt AG. With the acquisitions, the Company is now able to offer integrated metal forming/machined solutions to its customers in certain targeted products. The acquired companies have combined annual sales of approximately CAD 450 million, and a combined employee base of approximately 1,150 people.

Shareholders

-The Company is listed on the Toronto Stock Exchange.

Products

Driveline components
-Hybrid power units

  • Electric AWD rear axle version

-Power transfer units (PTU)

  • One, two and three axes versions

-Rear drive units/modules (RDU/RDM)

  • Integrated output shafts
  • Mechanical and electronic LSD
  • Integrated oil cooler pumps

-Engineered gears

Transmission components
-Shaft & shell assemblies

  • Automatic applications
  • Manual applications
  • Transfer case applications

-Differential assemblies

  • Complete assembly with ring gear and pinions
  • Helical ring and pinion for axles
  • Helical ring and pinion for FWD transmission

-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
-ABS valve bodies
-Axle shafts
-Steering knuckles
-Steering pump housings
-Rear differential housings
-Wheel hubs
-Bearings

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.
Oct. 2015 Filed tender offer to acquire 100% of the outstanding shares and voting rights of Montupet S.A., a designer and manufacturer of complex aluminum castings, for EUR 771 million.
Feb. 2016 Completed acquisition of Montupet S.A., a manufacturer of cast aluminum parts for the automotive industry, for a purchase price CAD 1,187.3 million

Supplemental Information 1