Linamar Corporation (T:LNR)
Business Focus: Automotive Body Parts
Mar 06, 2024 03:00 pm ET
Linamar Delivers a Stellar 2023 with Record Sales, over 40% Earnings Growth, Increases Dividend
GUELPH, ON, March 6, 2024 /CNW/ - (TSX: LNR)
Feb 01, 2024 10:26 am ET
Linamar Completes Acquisition of Bourgault Industries Ltd., Solidifying its Position as a Leading Agriculture Shortline Equipment Manufacturer
GUELPH, ON, Feb. 1, 2024 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has completed the previously disclosed acquisition of Bourgault Industries Ltd. The agreement to acquire Bourgault was initially announced on December 20, 2023, and outlined that Linamar would acquire 100% of the equity interests of Bourgault Industries Limited and its subsidiaries. The completion of the transaction was subject to certain regulatory approvals which have all been met.
Dec 21, 2023 07:19 am ET
Canadian Investment Regulatory Organization Trade Resumption - LNR
TORONTO, Dec. 21, 2023 /CNW/ - Trading resumes in:
Dec 20, 2023 03:45 pm ET
Canadian Investment Regulatory Organization Trading Halt - LNR
TORONTO, Dec. 20, 2023 /CNW/ - The following issues have been halted by CIRO:
Dec 20, 2023 03:37 pm ET
Linamar Acquires Seeding Expert Bourgault Industries, Significantly Bolstering its Agriculture Business
GUELPH, ON, Dec. 20, 2023 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has reached an agreement to acquire Bourgault Industries Ltd. of St. Brieux, Saskatchewan, further enhancing its Industrial segment's diversified offerings and advancing its position as a leading short-line agriculture equipment manufacturer. Bourgault is a world-class agriculture equipment manufacturer regarded as a market and technology leader in broad acre seeding. Linamar's existing agricultural brands include harvesting specialist MacDon, and tillage and crop nutrition expert Salford. Bourgault is
Nov 08, 2023 03:00 pm ET
Linamar Delivers Another Quarter of Double Digit Top and Bottom Line Growth For Q3 2023, Further Diversifies Portfolio
GUELPH, ON, Nov. 8, 2023 /CNW/ - (TSX: LNR)
Nov 01, 2023 09:13 am ET
Linamar Completes Acquisition of Mobex Assets
GUELPH, ON, Nov. 1, 2023 /CNW/ - Linamar Corporation (TSX: LNR) today announced that its previously announced acquisition of Mobex has been completed. The deal was initially announced on September 21st for Linamar Structures USA Inc.to acquire a substantial porition of Mobex Fourth and 1, LLC's US-based assets for $64M USD.
Sep 21, 2023 10:24 am ET
Linamar to Acquire Propulsion-Agnostic Business from Mobex
GUELPH, ON, Sept. 21, 2023 /CNW/ - Linamar Corporation (TSX: LNR) announced today that its subsidiary Linamar Structures USA (Michigan), Inc. has reached a definitive agreement with Mobex Fourth and 1, LLC, and certain of its affiliates to acquire a substantial portion of its US-based assets for $70M USD cash consideration, subject to customary adjustments. The transaction is subject to customary consents and regulatory approvals and is expected to close in mid-Q4 2023.
Aug 09, 2023 04:00 pm ET
Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow
GUELPH, ON, Aug. 9, 2023 /CNW/ - (TSX: LNR)
Aug 03, 2023 03:49 pm ET
Linamar Announces Closing of Dura Battery Enclosures Business
GUELPH, ON, Aug. 3, 2023 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has completed its acquisition of 3 Dura-Shiloh's Battery Enclosures facilities. The acquisition was previously announced on May 30th and had been subject to customary regulatory approval and other closing conditions. Those pre-closing hurdles have now all been finalized and the transaction has closed as of August 3rd. Each site manufactures advanced batteries enclosures for Battery Electric Vehicle (BEV) applications.
Jun 22, 2023 08:30 am ET
Linamar Completes $550,000,000 Private Placement of Senior Unsecured Notes
GUELPH, ON, June 22, 2023 /CNW/ - Linamar Corporation (TSX: LNR) announced today that it has executed and closed a note purchase agreement pursuant to which it sold CAD $550,000,000 aggregate principal amount of 5.96% senior unsecured notes due June 30, 2033 to certain institutional accredited investors (the "Notes") by way of a private placement. Linamar intends to use the proceeds of the sale of the Notes for general corporate purposes, including to fund the previously announced purchase of Dura-Shiloh's battery enclosures business.
May 30, 2023 04:15 pm ET
Linamar Acquires 3 Battery Enclosures Factories Accelerating Electrification Evolution
GUELPH, ON, May 30, 2023 /CNW/ - Linamar Corporation (TSX: LNR) has reached a definitive agreement with Dura-Shiloh, a Middleground Capital portfolio company, to acquire its Battery Enclosures business for a total of $325M USD in all-cash consideration. The deal includes three factory locations in Alabama, US; Czechia; and North Macedonia. It is expected to close during the third quarter of 2023, subject to customary regulatory approval and other closing conditions. All three sites manufacture advanced battery enclosures for Battery Electric Vehicle (BEV) applications. The deal accelerates L
May 17, 2023 05:30 pm ET
Linamar Corporation Announces Voting Results from Annual General Meeting
GUELPH, ON, May 17, 2023 /CNW/ - Linamar Corporation (TSX: LNR) today announced detailed results of the votes cast for two motions held during the Annual General Meeting of the Company on Wednesday, May 17, 2023 in Guelph, Ontario, as set out below.
May 10, 2023 04:00 pm ET
Earnings Nearly Double at Linamar in First Quarter 2023 on Recovering Markets, Supply Chains and Launching Business, New Giga Structural Facility Announced
GUELPH, ON, May 10, 2023 /CNW/ - (TSX: LNR)
May 01, 2023 01:00 pm ET
Linamar to Showcase its New Fully Electric Technology Demonstrator Truck and other EV Innovations at ACT Expo 2023
Linamar announces completion of its Fully Electric Technology Demonstrator BEV Pickup TruckShowcasing both BEV and Fuel Cell product solutions for the Commerical Vehicle market at ACT Expo in AnaheimLinamar will be located in Hall B, booth 5777GUELPH, ON, May 1, 2023 /PRNewswire/ - Linamar Corporation (TSX: LNR) today announced that it has completed a major Electrified Mobility R&D project - a fully functioning BEV fullsize pickup truck showcasing Linamar electrified vehicle technologies. The technology demonstrator is based off a 2500 pickup platform. The demo vehicle, along with all of
Mar 24, 2023 05:00 pm ET
Common Shares of Linamar Previously Owned, Controlled or Directed by the Estate of the Late Mr. Frank Hasenfratz Vest in Linda Hasenfratz
GUELPH, ON, March 24, 2023 /CNW/ - Linda Hasenfratz announced today that in connection with the completion of certain steps in the administration of the estate of the late Mr. Frank Hasenfratz (the "Estate") she has beneficial ownership (as interpreted under Canadian provincial securities legislation) of, control or direction over 15,567,483 common shares of Linamar Corporation ("the Company") previously in the Estate, representing approximately 25.3% of the issued and outstanding common shares of the Company.
Mar 08, 2023 03:00 pm ET
Exceptional Top and Bottom Line Growth at Linamar in Fourth Quarter Takes Company to a Record Sales Year
GUELPH, ON, March 8, 2023 /CNW/ - (TSX: LNR)
Nov 30, 2022 06:30 am ET
Exro Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update
Exro has successfully completed phase one of its integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar CorporationExro remains committed to delivering on remaining key deliverables on behalf of shareholders by year-end, including pilots to SEA Electric and Vicinity, and new strategic partnerCommencement of series production of Exro's Coil Driver™ remains on schedule for Q3 2023 from the Company's world-class manufacturing center in Calgary, Alberta Exro executives will host a live 'Deep-Dive' Shareholder Webcast today at 1:00 pm ET to discuss
Nov 30, 2022 06:30 am ET
Exro Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update
Exro has successfully completed phase one of its integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar CorporationExro remains committed to delivering on remaining key deliverables on behalf of shareholders by year-end, including pilots to SEA Electric and Vicinity, and new strategic partnerCommencement of series production of Exro's Coil Driver™ remains on schedule for Q3 2023 from the Company's world-class manufacturing center in Calgary, Alberta Exro executives will host a live 'Deep-Dive' Shareholder Webcast today at 1:00 pm ET to discuss
Nov 22, 2022 04:32 pm ET
Linamar Renews and Extends its Bank Credit Facility
Aggregate principal amount of up to C$1,175 million to fund corporate purposesMaintains favourable pricing and flexibility to support Linamar's growthFour-year extension with substantially consistent termsGUELPH, ON, Nov. 22, 2022 /CNW/ - Linamar Corporation (TSX: LNR) is pleased to announce that it has renewed its principal bank credit facility for a further four-year term ending in November 2026. The facility is a committed, revolving credit facility (the "Revolving Facility") available to fund general corporate purposes. The maximum principal amount of the Revolving Facility is C$1,175 mi
Nov 09, 2022 03:00 pm ET
Double Digit Top and Bottom-Line Growth, Positive Free Cash Flow at Linamar Despite Very Tough Cost Environment
GUELPH, ON, Nov. 9, 2022 /CNW/ - (TSX: LNR)
Oct 11, 2022 05:01 pm ET
Linamar Corporation Provides Commentary on the External Market Conditions of Q3 2022
GUELPH, ON, Oct. 11, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q3 2022, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Mobility markets in which it operates. The commentary on the following slides is an update to the Q3 market outlook which was shared during our Q2 Earnings Call on August 10, 2022.
Sep 07, 2022 07:45 am ET
Linamar to supply Commercial Vehicle eAxle program to Workhorse Group
GUELPH, ON, Sept. 7, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has secured a new eAxle system contract with Workhorse Group for commercial vehicle delivery trucks. The Medium Duty beam axle propulsion system was designed and developed by Linamar's eLIN Group, a product solutions group dedicated to electrification for all Linamar's products. This is Linamar's first major eAxle contract with a Commercial Vehicle OEM and builds upon the previous success in the light vehicle eAxle segment. Linamar will be the Tier 1 supplier for the complete beam eAxle system.
Sep 07, 2022 07:45 am ET
Linamar to supply Commercial Vehicle eAxle program to Workhorse Group
GUELPH, ON, Sept. 7, 2022 /PRNewswire/ - Linamar Corporation (TSX: LNR) today announced that it has secured a new eAxle system contract with Workhorse Group for commercial vehicle delivery trucks. The Medium Duty beam axle propulsion system was designed and developed by Linamar's eLIN Group, a product solutions group dedicated to electrification for all Linamar's products. This is Linamar's first major eAxle contract with a Commercial Vehicle OEM and builds upon the previous success in the light vehicle eAxle segment. Linamar will be the Tier 1 supplier for the complete beam eAxle system.
Aug 24, 2022 05:05 pm ET
Linamar MedTech Achieves ISO 13485 Certification for Medical Device Manufacturing
GUELPH, ON, Aug. 24, 2022 /CNW/ - Linamar Corporation (TSX: LNR), a leading global diversified manufacturing company, announced today its iHub production site has received ISO 13485 certification for medical device production. The achievement is a critical milestone for the company's recently announced MedTech group, clearing the way to Linamar becoming a leading supplier to the global Medical Device markets.
Aug 24, 2022 05:05 pm ET
Linamar MedTech Achieves ISO 13485 Certification for Medical Device Manufacturing
GUELPH, ON, Aug. 24, 2022 /PRNewswire/ - Linamar Corporation (TSX: LNR), a leading global diversified manufacturing company, announced today its iHub production site has received ISO 13485 certification for medical device production. The achievement is a critical milestone for the company's recently announced MedTech group, clearing the way to Linamar becoming a leading supplier to the global Medical Device markets.
Aug 10, 2022 04:28 pm ET
IIROC Trading Halt - LNR
TORONTO, Aug. 10, 2022 /CNW/ - The following issues have been halted by IIROC:
Aug 10, 2022 04:22 pm ET
IIROC Trade Resumption - LNR
TORONTO, Aug. 10, 2022 /CNW/ - Trading resumes in:
Aug 10, 2022 04:05 pm ET
Strong Markets and Market Share Performance Drive Earnings Growth at Linamar Despite Tough Cost Environment
Excellent new business wins ("NBW") take launch book to nearly $4.9 billion;74% of year to date ("YTD") NBW with electrified vehiclesSales up 28.2% for Industrial due to strong agricultural and access sales on stronger markets and market share growth;Sales up 25.0% for Mobility on stronger markets and cost recoveries;Two acquisitions completed in the quarter;Strong content per vehicle1 growth in North America and Europe driven by a positive customer platform mix and launches; andLiquidity1, measured as cash and cash equivalents and available credit as at June 30, 2022, was $1.4 billion.GUELP
Jul 07, 2022 05:02 pm ET
Linamar Corporation Provides Commentary on the External Market Conditions of Q2 2022
GUELPH, ON, July 7, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q2 2022, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Mobility markets in which it operates. The commentary on the following slides is an update to the Q2 market outlook which was shared during our Q1 Earnings Call on May 11, 2022.
Jun 03, 2022 03:37 pm ET
Linamar Completes the Acquisition of the Salford Group
GUELPH, ON, June 3, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has completed its acquisition of the Salford group of companies (the "Salford Group"), a global leader in crop nutrition application and tillage products. The acquisition is an important milestone in the expansion of Linamar Agriculture's portfolio.
May 26, 2022 05:00 pm ET
Linamar Corporation Announces Voting Results from Annual General Meeting
GUELPH, ON, May 26, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today announced detailed results of the votes cast for two motions held during the Annual General Meeting of the Company on Thursday, May 26, 2022 in Guelph, Ontario, as set out below.
May 19, 2022 06:35 pm ET
Linamar Announces Creation of Linamar MedTech, a new group focused on Medical Devices and Precision Medical Components
GUELPH, ON, May 19, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today announced the formation of Linamar MedTech, a new medical manufacturing group which will focus on leveraging its expert capabilities in precision manufacturing to pursue opportunities in the Medical Device and Precision Medical Component markets.
May 11, 2022 04:00 pm ET
Record Electrified New Business Wins; Two Acquisitions Announced; and a Strong Balance Sheet Start Linamar's 2022 Off on a Strategic High
GUELPH, ON, May 11, 2022 /CNW/ - (TSX: LNR)
May 09, 2022 09:03 am ET
Ballard Power & Linamar Corporation achieve concept demonstration milestone
VANCOUVER, BC and GUELPH, ON , May 9, 2022 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Linamar Corporation (TSX: LNR) today announce the unveiling of its concept hydrogen fuel cell powered class 2 truck chassis. The technology demonstration platform is showcased this week at the ACT Expo (https://www.actexpo.com/) displayed in a RAM 2500 truck chassis. Testing on the new platform is underway and will continue in 2022 and 2023.
May 09, 2022 08:30 am ET
Ballard Power & Linamar Corporation achieve concept demonstration milestone
VANCOUVER, BC and GUELPH, ON, May 9, 2022 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Linamar Corporation (TSX: LNR) today announce the unveiling of its concept hydrogen fuel cell powered class 2 truck chassis. The technology demonstration platform is showcased this week at the ACT Expo (https://www.actexpo.com/) displayed in a RAM 2500 truck chassis. Testing on the new platform is underway and will continue in 2022 and 2023.
May 09, 2022 08:30 am ET
Ballard Power & Linamar Corporation achieve concept demonstration milestone
VANCOUVER, BC and GUELPH, ON, May 9, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Linamar Corporation (TSX: LNR) today announce the unveiling of its concept hydrogen fuel cell powered class 2 truck chassis. The technology demonstration platform is showcased this week at the ACT Expo (https://www.actexpo.com/) displayed in a RAM 2500 truck chassis. Testing on the new platform is underway and will continue in 2022 and 2023.
Apr 28, 2022 09:53 am ET
GenNx360 Capital Partners Enters Agreement to Sell Salford Group to Linamar Corporation
NEW YORK, April 28, 2022 /PRNewswire/ -- GenNx360 Capital Partners ("GenNx360"), a New York-based private equity firm, is pleased to announce that it has entered into a definitive agreement to sell its portfolio company, Salford Group ("Salford" or "the Company"), a leading manufacturer of tillage and crop nutrition application equipment, to Linamar Corporation (TSX:LNR) ("Linamar"), for $260 million CAD, subject to post-closing adjustments. The transaction is expected to close post customary closing conditions.
Apr 27, 2022 08:21 pm ET
Linamar Corporation Announces the Acquisition of Salford Group in a Significant Expansion of its Agriculture Porfolio
GUELPH, ON, April 27, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has entered into an agreement to acquire 100% of the issued and outstanding equity of the Salford group of companies (the "Salford Group"). The Salford Group is a global leader in crop nutrition application and tillage products. Under the terms of the agreement, Linamar will pay approximately CAD $260 Million to Salford Group's shareholders, subject to ordinary transaction adjustments. Linamar intends to use funds available through its existing credit facilities to complete the transaction. The purcha
Apr 11, 2022 07:45 am ET
Linamar Corporation Provides Commentary on External Market Conditions
GUELPH, ON, April 11, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q1 2022, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Mobility markets in which it operates.
Mar 31, 2022 03:07 pm ET
Linamar Acquires Partner's Interest in GF Linamar Joint Venture Casting Facility
GUELPH, ON, March 31, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today announced an agreement with GF Casting Solutions (GF) to acquire their 50% interest in their Joint Venture, GF Linamar LLC, located in Mills River, North Carolina. GF Casting Solutions is a division of Georg Fischer AG (SIX:FI-N). The two parties originally formed the joint venture in 2015. Following this announcement, Linamar will assume 100% ownership and operational control of the business. The agreement has been executed and given there are no pre-closing steps or required regulatory approvals, the transaction is
Mar 09, 2022 03:00 pm ET
Record New Business Wins, Double Digit Top and Bottom Line Growth and Strong Cash Flow in 2021 Position Linamar Well for Continued Prosperous Growth
GUELPH, ON, March 9, 2022 /CNW/ - (TSX: LNR)
Feb 08, 2022 08:30 am ET
SuperTurbo Technologies Inc. and Linamar Corporation Announce an Exclusive Manufacturing and Supply Agreement for the Testing and Manufacturing of New Technology called the SuperTurbo™
LOVELAND, Colo., Feb. 8, 2022 /PRNewswire/ -- SuperTurbo Technologies Inc. ("SuperTurbo") and Linamar Corporation ("Linamar") announced today that they entered into an exclusive agreement to bring the SuperTurbo™, a transformational technology, to market. The SuperTurbo™ improves the efficiency of diesel, hydrogen, and natural gas internal combustion engines, while significantly reducing harmful emissions. McLaren Engineering, a division of Linamar, will produce prototype units for durability testing. Upon successful completion of testing, under the terms of the exclusive agreement, Linama
Jan 18, 2022 04:15 pm ET
Linamar Corporation Provides Commentary on External Market Conditions; Board of Directors Names Linda Hasenfratz as Executive Chair, Jim Jarrell as Director
GUELPH, ON, Jan. 18, 2022 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q4 2021, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
Jan 08, 2022 04:50 pm ET
Linamar & the Hasenfratz Family Announce the Passing of Founder Frank Hasenfratz
GUELPH, ON, Jan. 8, 2022 /CNW/ - It is with profound sadness that the Board of Directors of Linamar Corporation announces the passing of the Company's Founder, beloved leader and long-time Executive Chairman, Frank Hasenfratz. Mr. Hasenfratz passed away peacefully on January 8th, 2022 at his home surrounded by his family after a courageous battle with cancer. He was 86 years old. The Corporation and its 26,000 employees extend their deepest sympathies to the Hasenfratz, Newton and Stoddart families for their loss.
Dec 17, 2021 07:30 am ET
Xavier Montagne Appointed to Chief Operating Officer of Vision Marine Technologies, Inc.
Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric transition of the recreational boating industry serving both OEMs and consumers, is pleased to announce that Xavier Montagne,...
Nov 26, 2021 06:30 am ET
Linamar Announces TSX Approval of Normal Course Issuer Bid
GUELPH, ON, Nov. 26, 2021 /CNW/ - Linamar Corporation ("Linamar" or the "Company") (TSX: LNR) announces that the Toronto Stock Exchange ("TSX") has accepted the Company's notice of intention to commence a Normal Course Issuer Bid (the "NCIB"). The Company believes that the NCIB is in the best interest of the Company, will increase shareholder value, and constitutes a desirable use of the Company's available funds.
Nov 09, 2021 03:00 pm ET
Impressive Cash Flow Drives Dividend Increase, Buyback at Linamar
GUELPH, ON, Nov. 9, 2021 /CNW/ - (TSX: LNR)
Oct 26, 2021 09:02 am ET
Vision Marine Technologies Partners with Linamar Corporation Subsidiary McLaren Engineering on E-Motion™ Fully Electric Outboard Motor
Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), is pleased to announce that it has executed a Manufacture and Supply Agreement with Linamar Corporation (TSX: LNR), a global leader in manufacturing solutions and...
Oct 06, 2021 05:42 pm ET
Linamar Corporation Provides Commentary on Q3 2021 External Market Conditions
GUELPH, ON, Oct. 6, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q3 2021, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
Sep 28, 2021 08:00 am ET
Linamar Announces Exclusive Manufacturing, Licensing Agreement, and Investment in Battery Pack Module Leader eMatrix
GUELPH, ON, Sept. 28, 2021 /PRNewswire/ - Linamar Corporation (TSX: LNR) today announced that it has entered into an exclusive Manufacturing and Licensing Agreement with Michigan-based eMatrix Energy Systems, Inc. to gain access to leading modular battery pack technology. The agreement positions Linamar as the exclusive manufacturing partner of eMatrix's modular battery packs and grants Linamar exclusive licensing privileges in key markets. With the new partnership and investment, Linamar has taken a meaningful minority equity position in eMatrix ownership. Terms of the investment were not
Sep 28, 2021 08:00 am ET
Linamar Announces Exclusive Manufacturing, Licensing Agreement, and Investment in Battery Pack Module Leader eMatrix
GUELPH, ON, Sept. 28, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has entered into an exclusive Manufacturing and Licensing Agreement with Michigan-based eMatrix Energy Systems, Inc. to gain access to leading modular battery pack technology. The agreement positions Linamar as the exclusive manufacturing partner of eMatrix's modular battery packs and grants Linamar exclusive licensing privileges in key markets. With the new partnership and investment, Linamar has taken a meaningful minority equity position in eMatrix ownership. Terms of the investment were not disclo
Sep 16, 2021 08:47 am ET
Linamar Announces Formation of eLIN Product Solutions Group
GUELPH, ON, Sept. 16, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today announced the formation of its eLIN Product Solutions Group, which will focus on leveraging exciting electrification opportunities for Linamar's products in its Mobility and Industrial businesses, as well as future new markets.
Sep 16, 2021 08:47 am ET
Linamar Announces Formation of eLIN Product Solutions Group
GUELPH, ON, Sept. 16, 2021 /PRNewswire/ - Linamar Corporation (TSX: LNR) today announced the formation of its eLIN Product Solutions Group, which will focus on leveraging exciting electrification opportunities for Linamar's products in its Mobility and Industrial businesses, as well as future new markets.
Aug 11, 2021 04:00 pm ET
Market Recovery Drives Strong Linamar Second Quarter Results
GUELPH, ON, Aug. 11, 2021 /CNW/ - (TSX: LNR)
Aug 11, 2021 07:30 am ET
Linamar Announces Global Exclusive Manufacturing Agreement and Investment in Automation & Robotics Gearbox Leader IMSystems
GUELPH, ON, Aug. 11, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today announced that it has entered into an exclusive Global Manufacturing Agreement with Netherlands based Innovative Mechatronic Systems B.V. (IMSystems) to bring the Archimedes Drive transmission system to market, a promising technology that offers a major innovation in the Industrial Robotics & Automation sector. As part of the agreement, Linamar commits to be the manufacturing source for the system once the design is proven and production requires scale up. Concurrently with this agreement, Linamar also announced a mi
Jul 09, 2021 10:07 am ET
Linamar Corporation Provides Commentary on External Market Conditions
GUELPH, ON, July 9, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q2 2021, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
May 27, 2021 05:05 pm ET
Linamar Corporation Announces Voting Results from Annual General Meeting
GUELPH, ON, May 27, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today announced detailed results of the votes cast for two motions held during the Annual General Meeting of the Company on Thursday, May 27, 2021 in Guelph, Ontario, as set out below.
May 06, 2021 01:34 pm ET
IIROC Trade Resumption - LNR
TORONTO, May 6, 2021 /CNW/ - Trading resumes in:
May 06, 2021 01:05 pm ET
Linamar First Quarter Earnings More than Double Q1 2020 on Strong Markets & Market Share Gains
GUELPH, ON, May 6, 2021 /CNW/ - (TSX: LNR)
May 06, 2021 12:42 pm ET
IIROC Trading Halt - LNR
TORONTO, May 6, 2021 /CNW/ - The following issues have been halted by IIROC:
May 04, 2021 07:55 am ET
Linamar Corp and CleanSlate UV Announce Joint Donation in Support of Ontario Healthcare Centres
TORONTO, May 4, 2021 /CNW/ - Today, Linamar Corporation (TSX: LNR) and CleanSlate UV are announcing a joint donation in support of healthcare facilities across Ontario. The donation of 100 CleanSlate UV sanitizers will allow hospitals and vaccination sites to provide comprehensive personal hygiene to staff, visitors and patients at no charge.
May 03, 2021 09:20 am ET
Ballard and Linamar Form Strategic Alliance to Develop Fuel Cell Solutions for Light-Duty Vehicles
VANCOUVER, BC and GUELPH, ON, May 3, 2021 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Linamar Corporation (TSX: LNR) today announced the formation of a strategic alliance for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles, weighing up to 5-tons, initially in North America and Europe.
Apr 09, 2021 09:17 am ET
Linamar Corporation Provides Commentary on Q1 2021 External Market Conditions
GUELPH, ON, April 9, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q1 2021, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
Mar 29, 2021 03:02 pm ET
Toronto Stock Exchange, Linamar Corporation, C-Suite at The Open
TORONTO, March 29, 2021 /CNW/ - Linda Hasenfratz, CEO, Linamar Corporation (TSX: LNR), shares her company's story in aninterview with TMX Group.
Mar 10, 2021 03:29 pm ET
IIROC Trading Halt - LNR
TORONTO, March 10, 2021 /CNW/ - The following issues have been halted by IIROC:
Mar 10, 2021 03:26 pm ET
IIROC Trade Resumption - LNR
TORONTO, March 10, 2021 /CNW/ - Trading resumes in:
Mar 10, 2021 03:05 pm ET
Jan 13, 2021 04:00 pm ET
Linamar Corporation Provides Commentary on External Market Conditions
GUELPH, ON, Jan. 13, 2021 /CNW/ - Linamar Corporation (TSX: LNR) today released insights regarding the market activity observed during Q4 2020, as well as commented on other recent industry developments. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
Nov 10, 2020 03:00 pm ET
Oct 08, 2020 08:33 am ET
Linamar Corporation Provides Q3 Update on External Market Conditions
GUELPH, Oct. 8, 2020 /CNW/ - Linamar Corporation (TSX: LNR) today released commentary regarding the market activity observed during Q3 2020. The comments provide updates on the latest available industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
Aug 06, 2020 04:00 pm ET
Jul 17, 2020 05:01 pm ET
Linamar Corporation Q2 Results Materially Better Than Previously Expected
GUELPH, ON, July 17, 2020 /CNW/ - Linamar Corporation (TSX: LNR) is providing an update to the information disclosed in its Q1 2020 investor call, held on May 13th, 2020.
Jul 10, 2020 07:30 am ET
Linamar Corporation Provides Q2 Update on External Market Conditions
GUELPH, ON, July 10, 2020 /CNW/ - Linamar Corporation (TSX: LNR) today released commentary regarding the recovery following the Q2 COVID-19 related shutdowns and outlined the latest available updated industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
Jul 01, 2020 03:35 pm ET
Linamar Corporation Recognized by General Motors as 2019 Overdrive Award Winner and 2019 Supplier of the Year
GUELPH, ON, July 1, 2020 /CNW/ - Linamar Corporation (TSX:LNR) was named GM Overdrive Award Winner during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year awards on Wednesday, June 24, 2020. GM's Overdrive Award, introduced in 2012, recognizes supplier partners for extraordinary leadership in cultural change and commitment initiatives that drove exceptional business results for GM. Linamar Corporation was named one of four 2019 Overdrive Award winners.
May 27, 2020 05:00 pm ET
Linamar Corporation Announces Voting Results from Annual General Meeting
GUELPH, ON, May 27, 2020 /CNW/ - Linamar Corporation (TSX: LNR) today announced detailed results of the votes cast for two motions held during the Annual General Meeting of the Company on Wednesday, May 27, 2020 in Guelph, Ontario, as set out below.
May 13, 2020 04:00 pm ET
Apr 20, 2020 05:30 pm ET
Linamar Corporation Provides Q1 and COVID-19 Related Update on Market Conditions
GUELPH, ON, April 20, 2020 /CNW/ - Linamar Corporation (TSX:LNR) today released commentary regarding ongoing COVID-19 related impacts to its business and provided the latest available updated industry conditions in the key Access, Agriculture and Automotive markets in which it operates.
Mar 18, 2020 09:33 am ET
Linamar Announces TSX Approval of Renewal of Normal Course Issuer Bid
GUELPH, ON, March 18, 2020 /CNW/ - Linamar Corporation ("Linamar" or the "Company") (TSX:LNR) today announced the Toronto Stock Exchange (the "TSX") has approved the Company's notice of intention to renew its Normal Course Issuer Bid (the "Bid").
Mar 11, 2020 04:00 pm ET
Mar 04, 2020 04:00 pm ET
Linamar Corporation - Notice of Conference Call for the Fourth Quarter Ended December 31, 2019
GUELPH, ON, March 4, 2020 /CNW/ - Linamar Corporation (TSX: LNR) will hold a webcast call on March 11, 2020 at 5:00 p.m. EST to discuss its fourth quarter/year end results. The numbers for this call are (647) 427-3383 (local/overseas) or (888) 424-9894 (North America) conference ID 7182436, with a call-in required 10 minutes prior to the start of the conference call. The URL for the webcast is https://www.linamar.com/news-event/q4-earnings-call. The password for the meeting is Linamar1. The conference call will be chaired by Linda Hasenfratz, Linamar's Chief Executive Officer. A copy of
Jan 07, 2020 03:00 pm ET
Linamar Corporation Provides Update on Q4 Market Conditions
GUELPH, ON, Jan. 7, 2020 /CNW/ - Linamar Corporation (TSX: LNR) today released updated commentary on industry conditions in the key Access, Agriculture and Automotive markets in which it operates in.
Dec 10, 2019 09:17 am ET
Linamar Announces Strategic Manufacturing Agreement and Concurrent Investment in Synaptive Medical, Inc. to Diversify Into Rapidly Growing Medical Biotech Market
GUELPH, ON, Dec. 10, 2019 /CNW/ - Linamar Corporation (TSX:LNR) today announced that it has entered into an exclusive Strategic Manufacturing Agreement with Synaptive Medical Inc. ("Synaptive") to manufacture Synaptive's patented Modus V™ and Evry™ products. Concurrently with this Agreement, Linamar also announced a $USD 5 million equity investment in Synaptive. Terms of the investment were not disclosed.
Nov 06, 2019 03:00 pm ET
Linamar Delivers Double Digit Transportation Segment Growth, Continued Free Cash Flow in Q3
GUELPH, ON, Nov. 6, 2019 /CNW/ - (TSX: LNR)
Oct 02, 2019 05:30 pm ET
Linamar Corporation Provides Update on Q3 and 2019 Market Conditions
GUELPH, ON, Oct. 2, 2019 /CNW/ - Linamar Corporation (TSX:LNR) today released commentary on industry conditions in the key Access, Agriculture and Automotive markets in which it operates in. Similar to the previous quarter, Linamar is again providing updated information on industry volumes and circumstances observed during Q3 and 2019 year-to-date.
Aug 08, 2019 04:00 pm ET
Jun 04, 2019 01:30 pm ET
Linamar Corporation Announces Voting Results from Annual General Meeting
GUELPH, ON, June 4, 2019 /CNW/ - Linamar Corporation (TSX:LNR) today announced detailed results of the votes cast for three motions held during the Annual General Meeting of the Company on Thursday, May 30, 2019 in Guelph, Ontario, as set out below.
May 02, 2019 04:00 pm ET
Mar 11, 2019 04:00 pm ET
Jan 25, 2019 09:15 am ET
Linamar Announces TSX Approval of Normal Course Issuer Bid
GUELPH, ON, Jan. 25, 2019 /CNW/ - Linamar Corporation ("Linamar" or the "Company") (TSX:LNR) today announced the Toronto Stock Exchange (the "TSX") has approved the Company's notice of intention to commence a Normal Course Issuer Bid (the "Bid").
Nov 07, 2018 03:00 pm ET
Aug 07, 2018 04:00 pm ET
Double Digit Growth Again Drives Record Sales and Earnings at Linamar, Diversification Strategy Paying Dividends
GUELPH, ON, Aug. 7, 2018 /CNW/ -
May 17, 2018 05:00 pm ET
Linamar Corporation Announces Election of Directors
GUELPH, ON, May 17, 2018 /CNW/ - Linamar Corporation (TSX:LNR) today announced that the nominees listed in the management proxy circular for the 2018 Annual Meeting of Shareholders were elected as directors of Linamar Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting on Thursday May 17, 2018 in Guelph are set out below.
May 15, 2018 04:00 pm ET
Record Sales and Record Content per Vehicle in Every Region Drive Strong Double Digit Operating Earnings Growth
GUELPH, ON, May 15, 2018 /CNW/ - (TSX: LNR)
Mar 07, 2018 03:00 pm ET
Linamar Delivers Strong Quarter of Double Digit Earnings Growth and Second Major E-Axle Win Capping Off a Record Year in Sales, Earnings and New Business Wins
GUELPH, ON, March 7, 2018 /CNW/ - (TSX: LNR)
Mar 07, 2018 02:23 pm ET
Global Manufacturing Powerhouse Linamar Enters Strategic Partnership with Israeli Wheel Innovator SoftWheel
Linamar (TSX: LNR; Linda Hasenfratz, CEO), a diversified manufacturing
company and the second largest Canadian manufacturer of auto parts
traded on the Toronto Stock Exchange, valued at over $6 billion, has
signed a strategic cooperation agreement with SoftWheel Ltd. to produce
wheels for SoftWheel at one of its North American factories. Softwheel
has developed a unique suspension technology where the suspension is
mounted within the wheel itself. Their products are rapidly being
adopted globally by a variety of sectors including wheelchairs and
Feb 01, 2018 09:09 am ET
Linamar Announces Closing of its Acquisition of MacDon
GUELPH, ON, Feb. 1, 2018 /CNW/ - Linamar Corporation (TSX:LNR) today announced that it has completed its acquisition of 100% of the outstanding equity interests of MacDon and its Group of Companies on the terms previously announced on December 14th, 2017. Headquartered in Winnipeg, Manitoba, Canada, MacDon is a global innovative market leader in the design and manufacturing of specialized agriculture harvesting equipment such as drapers and self-propelled windrowers.
Dec 15, 2017 08:00 am ET
IIROC Trade Resumption - Linamar Corporation
Toronto, Ontario--(Newsfile Corp. - December 15, 2017) - Trading resumes in:
Dec 15, 2017 06:59 am ET
IIROC Trade Resumption - LNR
TORONTO, Dec. 15, 2017 /CNW/ - Trading resumes in:
Dec 14, 2017 04:05 pm ET
IIROC Trade Halt - Linamar Corporation
Toronto, Ontario--(Newsfile Corp. - December 14, 2017) - The following issues have been halted by IIROC:
Dec 14, 2017 03:17 pm ET
IIROC Trading Halt - LNR
TORONTO, Dec. 14, 2017 /CNW/ - The following issues have been halted by IIROC:
Dec 14, 2017 03:10 pm ET
Linamar to Acquire the MacDon Group of Companies, a Global Harvesting Specialist, to Further Diversity & Grow
C$1,200 million cash purchase price
Transaction is expected to be immediately accretive to earnings per share and free cash flow per share
Prudent pro forma leverage of 1.7x net debt to trailing EBITDA and well within target leverage parameters
GUELPH, ON, Dec. 14, 2017 /CNW/ - Linamar Corporation (TSX:LNR) today announced that it has entered into a definitive agreement to acquire 100% of the outstanding equity interests of MacDon and its Group of Companies for an aggregate purchase price of C$1,200 Million, less the assumption of small transaction related expenses, and subject to certa
Nov 07, 2017 04:00 pm ET
Linamar Delivers Another Quarter of Solid Earnings, Cash Flow and New Business Wins
GUELPH, ON, Nov. 7, 2017 /CNW/ - (TSX: LNR)
Sep 29, 2017 06:00 pm ET
Linamar Corporation Announces No Final Offer for French and Spanish Foundries Will be Made
GUELPH, ON, Sept. 29, 2017 /CNW/ - On July 4, 2017, Linamar Corporation (TSX:LNR) announced that a wholly-owned subsidiary of Linamar had filed conditional offers with the Commercial Court in Paris to acquire selected assets of Societe Aveyronnaise de Metallurgie S.A. ("SAM") and F.V.M. Technologies S.A. ("FVM") from their respective bankruptcy estates and 100% of the outstanding shares of Alfisa Technologies, S.L.U. (Alfisa) a Spanish company for a total consideration of approximately 6 million Euros. (These proposed transactions are collectively referred to as the "Offers" or the "Acquisi
Aug 02, 2017 05:00 pm ET
Linamar Delivers Another Solid Quarter of Strong Earnings and Cash Flow, Major EV Business Win Sets Stage for Future
GUELPH, ON, Aug. 2, 2017 /CNW/ - (TSX: LNR)
Jul 14, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Buyback and Shareholder Yield Indices
Jul 04, 2017 09:00 am ET
Linamar Corporation Announces Offer for French and Spanish Foundries to Further Strengthen its Position in Light Metal Casting
GUELPH, ON, July 4, 2017 /CNW/ - Linamar Corporation (TSX:LNR) today announced that a wholly-owned subsidiary of Linamar has filed conditional offers with the Commercial Court in Paris to acquire selected assets of Societe Aveyronnaise de Metallurgie S.A. ("SAM") and F.V.M. Technologies S.A. ("FVM") from their respective bankruptcy estates and 100% of the outstanding shares of Alfisa Technologies, S.L.U. (Alfisa) a Spanish company for a total consideration of approximately 6 million Euros. (These proposed transactions are collectively referred to as the "Offers" or the "Acquisitions").
May 16, 2017 04:45 pm ET
Linamar Corporation Announces Election of Directors
GUELPH, ON, May 16, 2017 /CNW/ - Linamar Corporation (TSX:LNR) today announced that the nominees listed in the management proxy circular for the 2017 Annual Meeting of Shareholders were elected as directors of Linamar Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting on Tuesday May 16, 2017 in Guelph are set out below.
May 10, 2017 05:00 pm ET
Linamar Delivers 23rd Consecutive Quarter of Double Digit Operating Earnings Growth
GUELPH, ON, May 10, 2017 /CNW/ - (TSX: LNR)
Mar 08, 2017 04:51 pm ET
IIROC Trade Resumption - LNR
TORONTO, March 8, 2017 /CNW/ - Trading resumes in:
Mar 08, 2017 04:42 pm ET
IIROC Trading Halt - LNR
TORONTO, March 8, 2017 /CNW/ - The following issues have been halted by IIROC:
Mar 08, 2017 04:01 pm ET
Linamar Delivers Another Year of Record Results, Double Digit Growth and Excellent Cash Generation, Increases Dividend 20%
GUELPH, ON, March 8, 2017 /CNW/ - (TSX: LNR)
Nov 02, 2016 05:00 pm ET
Linamar Delivers Another Outstanding Quarter of Strong Sales and Earnings Growth with Excellent Cash Generation
GUELPH, ON, Nov. 2, 2016 /CNW/ - (TSX: LNR)
Aug 10, 2016 05:32 pm ET
IIROC Trade Resumption - LNR
TORONTO, Aug. 10, 2016 /CNW/ - Trading resumes in:
Aug 10, 2016 05:25 pm ET
IIROC Trading Halt - LNR; GC
TORONTO, Aug. 10, 2016 /CNW/ - The following issues have been halted by IIROC:
Aug 10, 2016 05:02 pm ET
Linamar Delivers Record Results, Double Digit Top and Bottom Line Growth, Margin Expansion and Debt Reduction
GUELPH, ON, Aug. 10, 2016 /CNW/ - (TSX: LNR)
May 17, 2016 01:52 pm ET
Elio Motors, Linamar Sign Letter of Intent to Manufacture and Market the Elio Engine Across the Globe
PHOENIX, May 17, 2016 /PRNewswire/ -- Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $6,800, today announced that it has signed a Letter of Intent with Linamar Corp, one of the auto industry's leading powertrain development and production companies.
May 10, 2016 06:15 pm ET
Linamar Corporation Announces Election of Directors
GUELPH, ON, May 10, 2016 /CNW/ - Linamar Corporation (TSX:LNR) today announced that the nominees listed in the management proxy circular for the 2016 Annual Meeting of Shareholders were elected as directors of Linamar Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting on Tuesday May 10, 2016 in Guelph are set out below.
May 04, 2016 05:00 pm ET
Linamar Delivers Another Strong Quarter of Record Results and Double Digit Top and Bottom Line Growth
GUELPH, ON, May 4, 2016 /CNW/ - (TSX: LNR)
Mar 10, 2016 08:24 am ET
IIROC Trade Resumption - LNR
TORONTO, March 10, 2016 /CNW/ - Trading resumes in:
Mar 09, 2016 04:17 pm ET
IIROC Trading Halt - LNR
TORONTO, March 9, 2016 /CNW/ - The following issues have been halted by IIROC:
Mar 09, 2016 04:00 pm ET
Linamar Delivers Fifth Consecutive Year of Record Results on Double Digit Top and Bottom Line Growth
GUELPH, ON, March 9, 2016 /CNW/ - (TSX: LNR)
Feb 22, 2016 05:00 pm ET
Linamar and GF Automotive Select Henderson County, North Carolina as Site of New Jointly-Owned Aluminum Die Casting Operation
HENDERSON COUNTY, NC, Feb. 22, 2016 /CNW/ - Linamar Corporation (TSX: LNR) and GF Automotive, a division of Georg Fischer AG (SIX: FI-N), today announced that they have selected Henderson County, North Carolina as the location for GF Linamar LLC's new jointly-owned aluminum die casting plant in support of a strategy to provide integrated light metal casting and machining solutions to global customers. The new entity named GF Linamar LLC will provide large light metal high-pressure die castings for powertrain, driveline, and structural components to the NAFTA automotive market.
Feb 19, 2016 10:30 am ET
Implementation by Linamar GmbH and Linamar Forging Holding GmbH of a squeeze-out for Montupet SA shares
This press release, relating to the implementation by Linamar GmbH and Linamar Forging Holding GmbH (the "Offerors") of a squeeze-out for Montupet SA shares has been disseminated in accordance with the provisions of article 237-16 III of the general regulation of the Autorité des marchés financiers (the "AMF") and of article 9 of the AMF instruction n°2006-07 relating to public tender offers.
Feb 16, 2016 05:21 pm ET
Linamar's Tender Reopened Offer for Montupet S.A completed successfully
GUELPH, ON, Feb. 16, 2016 /CNW/ - The Autorité des marchés financiers (the French market authority, the "AMF") has published today the final results of the reopened public tender offer on the shares of Montupet S.A, pursuant to article 232-4 of the AMF General Regulation. As of February 16, 2016, a total of 10,442,924 shares of Montupet S.A have been tendered. At the date of the settlement and delivery of the Offer, Linamar should hold 96.85% of the share capital and 96.41% of voting rights of Montupet S.A.
Jan 21, 2016 12:05 pm ET
Linamar's Tender Offer for Montupet S.A completed successfully
Reopening of the offer Amendment of the credit facilities
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