Linamar Corporation (TSX: LNR) is a Canada-based company that manufactures and distributes automobile parts and powertrain products such as light vehicles, commercial trucks, off-highway to automotive and industrial markets.
It manufactures metal parts and machinery products for material handling and agriculture markets, including crankshafts, camshafts, clutch modules, cylinder blocks and gears.
The company's Skyjack brand manufactures mobile industrial equipment for the construction markets.
Canadian businessman Frank Hasenfratz founded the company in 1966 as a standalone machine shop under the name Linamar.
The company went public in 1986 with the listing on the Toronto Stock Exchange (TSX).
In 1987, Linamar Transportation was incorporated and acquired the Invar facility from Bata Engineering, a defense and nuclear reactor component supplier.
The Canadian company operates under two operating segments: the mobility segment and the industrial segment. The two diversified segments are reportedly sector-leaders in manufacturing solutions and developers of highly engineered products.
Under the mobility segment, the company provides engine components, including heads, camshafts, cylinder blocks and connecting rods.
The industrial segment operates under Skyjack and MacDon. Skyjack engages in the development of boom, scissors, and telehandler lifts for industries engaged in aerial work platform.
MacDon provides combine and self-propelled machines like windrowers and draper headers for the agricultural harvesting sector.
The mobility company manufactures gear sets, shaft and shell assemblies, clutch modules, cylinder blocks and heads, camshafts and connecting rods.
It caters to various industries like energy, automotive, agriculture, marine, and provides:
• Cylinder Blocks
• Metallic Components
• Commercial Truck
• Engineered Gears
• Downhole Drill Heads
• Diesel Powered Gen Sets
• Electric Scissor Lifts
• Telescopic Booms
• Power Transfer Units
The mobility segment operates and caters to three geographic regions: Asia Pacific, North America and Europe. The product includes body and chassis, systems for new energy powertrains, engine, driveline and transmission.
Skyjack claims to provide simple, easy-to-use and low-cost product and material handling equipment. It manufactures self-propelled slabs, rough terrain scissor lifts, and telescopic material handlers associated with TH and Zoom Boom products. Skyjack offers articulating booms, vertical mast lifts and several other products.
MacDon has business operations in Germany, Russia, North America, Australia and Brazil. It claims to manufacture high-quality harvesting and farm machines. The product portfolio includes:
• Pick Up Headers
• Windrowers and Headers
• Draper Headers for combines
• Corn Headers
OROS brand, under Linamar Agriculture, distributes sunflower and corn headers in Europe. It also manufactures assemblies for hay rake equipment, combine head trailers, and track modules.