Martinrea International Inc - Company Profile
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Martinrea International Inc. (Martinrea) is a global automotive supplier engaged in the design, development, and manufacturing of engineered lightweight structures and propulsion systems. Martinrea serves a diverse range of customers in the automotive industry, providing products that are integral to vehicle manufacturing and performance. The company supplies its products to global automobile manufacturers including General Motors, Ford, Fiat Chrysler, Honda, Nissan, Volkswagen, BMW, Mercedes, Hyundai, Daimler, Infiniti, TRW, Fiat, Audi, and Hyundai among others. It has manufacturing, engineering, and technical centers in Canada, the US, Mexico, Brazil, Germany, Slovakia, Spain, South Africa, Japan, and China. It develops and manufactures its products through different processes and technologies including metal coatings, cutting, light metal forming, metal joining, manufacturing and assembly, metal forming, and tube processing. Martinrea is headquartered in Vaughan, Ontario, Canada.
Martinrea International Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Engine Blocks |
| Oil Pans |
| Transmission housings |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company acquired the assets of Lyseon North America Inc, a precision metal parts manufacturer. |
| 2024 | Corporate Changes/Expansions | In June, the company invested approximately CAD35 million to expand its Ridgetown, Ontario facility. |
| 2023 | Contracts/Agreements | In October, the company announced partnership with Yamada manufacturing Co Ltd to jointly promote lightweight solutions in the Japanese markets. |
Competitor Comparison
| Key Parameters | Martinrea International Inc | Magna International Inc | Lear Corp | BorgWarner Inc | Gestamp Automocion SA |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | United States of America | United States of America | Spain |
| City | Vaughan | Aurora | Southfield | Auburn Hills | Abadino |
| State/Province | Ontario | Ontario | Michigan | Michigan | Vizcaya |
| No. of Employees | 16,000 | 164,000 | 164,300 | 37,500 | 43,757 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter Cirulis | Chief Financial Officer | Senior Management | 2024 | - |
| Ganesh Iyer | Chief Technology Officer | Senior Management | - | - |
| Robert P. Wildeboer | Chairman | Executive Board | - | - |
| Pat D’Eramo | Chief Executive Officer; Director | Executive Board | - | - |
| Fred Di Tosto | President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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