Linamar Corp - Company Profile
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Business Description
Linamar Corp (Linamar) is a diversified global manufacturing company. The company’s product portfolio comprises engine systems, assemblies, cylinder heads and complete head assemblies, camshaft assemblies, crankshaft assemblies, connecting rods, intake manifolds, gears, flywheels, covers and housings and liners and pistons, among others.
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R&D Overview
Linamar's research and development initiatives focus on process, product, and material development across its Mobility segment, supported by seven development centers and the Innovation Hub (iHub). The company emphasizes electrification, hydrogen fuel storage, battery structures, and suspension components, leveraging expertise from McLaren Performance Technologies Inc. and the Linamar Structures group. The iHub also plays a crucial role in Linamar MedTech, maintaining ISO 13485 certification and contributing to medical device production. Linamar's innovation strategy centers on green technologies, digitization, and operational efficiency, with a focus on commercializing evolving technology into sales and earnings. The R&D units of the company include the seven development centers and the Innovation Hub. The development centers are responsible for process, product, and material development, while the iHub serves as an incubator for new technologies and products, supporting Linamar MedTech and other segments. Linamar operates 16 R&D centers. In FY2024, the company spent CAD168.3 million on R&D, which as a percentage of revenue, stood at 1.6% and decreased 15.2% YoY.
Business Segments
Overview
Designs and manufactures innovative mobile industrial equipment such as aerial work platforms, telehandlers and agricultural equipment. Also includes Skyjack and MacDon high-quality mobile industrial and harvesting equipment.
Performance
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Overview
Includes collaborative design, development and manufacture of precision metallic components, modules and systems for the global vehicle and power generation markets. Provides core engine components including cylinder blocks & heads, camshafts and connecting rods. Also builds differential assemblies, gear sets, shaft & shell assemblies, and clutch modules.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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