Linamar to establish first Chinese facility
Guelph, ON -- Linamar Corp. plans to build a new manufacturing facility in China. The company has signed an agreeme...
Guelph, ON — Linamar Corp. plans to build a new manufacturing facility in China. The company has signed an agreement with the City of Wuxi in the province of Jiangsu, China, that outlines a commitment on the part of Linamar to lease a facility from the city immediately.
The agreement also details the plan of the company to acquire a lot of land 50,000 square meters in size for the purpose of constructing a new manufacturing facility to be initiated within the next 12 to 18 months.
The leased facility is required to house the first program won by Linamar for the Chinese market, which will initiate production in the first quarter of 2006. Construction on the new facility will begin after additional contract have been obtained.
“We are thrilled to officially put pen to paper for this important investment for Linamar,” said Linamar CEO Linda Hasenfratz. “We continue to see evidence of the huge potential of this market, where a company with Linamar’s expertise in machining and assembly is welcomed and needed.”
“We believe that Wuxi’s industrial background and infrastructure are ideal for companies like Linamar,” said Director Zhou of the Administrative Committee of Wuxi, National Hi-Tech Industrial Development Zone.
Linamar designs, develops and manufactures precision machined components, modules and systems for engine, transmission and chassis systems primarily for the North American and European automotive marketplace.
As well, the company’s industrial division is a leader in aerial lift platform products.
The company has nearly 10,000 employees in 35 manufacturing locations, four research and development centres and eight sales offices in Canada, United States, Mexico, Germany, China, Hungary and Japan.