Linamar Corporation (TSX:LNR) is a manufacturing company that specializes in producing solutions for various industries. The company is composed of two operating segments: the Industrial segment and the Mobility segment. The Industrial segment includes Skyjack, MacDon, and Salford, which manufacture aerial work platform equipment, agricultural harvesting equipment, and farm tillage and crop fertilizer applicator equipment, respectively. The Mobility segment is further divided into three regional groups: North America, Europe, and Asia Pacific. These groups focus on producing components and systems for both traditional and electrified vehicles, including powertrains, body and chassis, driveline, engine, and transmission systems. The recently formed eLIN Product Solutions Group specializes in electrification, while McLaren Engineering provides design, development, and testing services.
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Linamar MedTech, the company’s medical solutions group, focuses on manufacturing solutions for 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 persons worldwide in a total of 60 manufacturing plants, 8 R&D centers and 25 sales offices in 17 countries located in North and South America, Europe and Asia. Total sales in 2018 were $7.6 billion.
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