Linamar manufactures automotive, industrial, and agricultural components and systems across four focus areas: powering vehicles, powering motion, powering work, and powering lives. Its products include propulsion, motion control, and powered-work components that are built and integrated into customers’ assemblies to enhance performance. The company leverages a global manufacturing footprint, a diversified portfolio, and long-standing customer relationships, plus collaboration and partnerships to serve automakers, industrial, and agricultural markets. Its goal is to grow by delivering high-quality, integrated parts at scale, expand its global presence, and pursue innovation with partners to meet evolving market needs.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Guelph, Canada
Founded
1966
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Skyjack showcases newest slab and Rough Terrain Scissor Lifts at 2026 JDL Expo in France. 9 September 2026, 10:42 * Skyjack will showcase its latest electric slab and rough terrain scissor lifts at the 2026 JDL Expo in Beaune, France. * New slab scissor lifts, SJ3232 E and SJ5545 E, offer features such as drivable full height, high load capacities, and modular designs for indoor and outdoor use. * The SJ6940 RT rough terrain scissor lift sets a new height benchmark in its class with advanced terrain adaptability and intelligent drive modes. * Skyjack's all-electric vertical mast lifts, including the SJ16 E, provide quiet, compact, and zero-emission low-level access solutions. Linamar Corporation's Skyjack division is showcasing its newest electric slab scissor lifts and rough terrain scissor lifts at the 2026 JDL Expo in Beaune, France, from September 16 to 18. Visitors are invited to connect with the Skyjack team, get first-hand experience with the popular new access equipment, and see how easy Skyjack is to do business with. "We look forward to engaging with customers and showing exactly how Skyjack's quality engineered units can benefit rental companies and operators," said Patrick Biasin, Skyjack's Sales Manager for France. "Our new machines offer reliability, functionality, and capability for ever-changing indoor and outdoor jobsites, including in tight spaces and on rough terrain." Explore New E-Drive Slab Scissor Lifts * The recently launched SJ3232 E electric drive scissor lift is suitable for indoor and outdoor use and features a narrow width, machine length of only 2.33 m (91.6"), 249 kg (550 lb) capacity, and low machine weight of just 2,654 kg (5,850 lbs). No stabilizers also mean the SJ3232 E is drivable at full height (working height is 11.63 m or 38'). These machines provide a clean, quiet, sustainable rental solution with zero emissions, low operating costs, and increased utilisation. * The new SJ5545 E electric drive scissor lift represents the highest working height scissor in Skyjack's range of slab scissors and includes innovative design features and high platform capacities. With a working height of 15.72 m (51' 6") and a load capacity of 350 kg (770 lbs), this E-Drive model boasts exceptionally responsive control and manoeuvrability. The scissor stack design of the SJ5545 E features fully welded cross-bracing that increases rigidity and improves operator comfort at height. This scissor is drivable at full height, offers a 2-person wind-rating at 6.7 m (22'), and provides the largest working areas in its class with a robust, all-steel, anti-slip platform. The modular rail system easily folds down to reduce stowed height for transportation and to pass through standard doorways. Low machine weight and non-marking tires optimise jobsite utilisation, while an onboard digital diagnostic display allows operators to see real-time, simple language readouts. * The popular SJ3219 E slab scissor lift, featuring the XStep ACCESSORYZER, will also be on display at the Skyjack stand. Explore New Rough Terrain Scissor Lifts * The all-new SJ6940 RT rough terrain scissor lift has a working height of 14.19 m (46' 6") and a platform capacity of 363 kg (800 lbs), setting a new benchmark as the tallest machine in Skyjack's compact RT scissor class. Engineered with productivity and jobsite versatility in mind, the SJ6940 RT delivers the longest working area in the class with a main platform at 3.38 m (11' 1") in length. An oscillating front steer axle tackles tough jobsite terrain and auto-leveling outriggers (optional on ANSI/CSA models, standard on CE/AS models) maximize usability. An intelligent drive system switches between different torque modes based on machine grade and engine RPM for optimal jobsite performance. A self-centering scissor stack, a single lift cylinder, and optional turf tires round out the unique technologies offered on these rough terrain scissors. Explore Simply Reliable Vertical Mast Lifts * The popularity of Skyjack's machines continues to climb as more organizations are reaching for quiet, compact, and manoeuvrable low-level access equipment. Skyjack's SJ16 E will be on display at JDL Expo, representing the range of all-electric vertical masts that feature durability, zero emissions, and compact, low-level access. Skyjack welcomes visitors to Stand #A19 at JDL Expo 2026 in Beaune, France, from September 16 to 18.
The long game behind Linamar's durability. Daina Lawrence Special to The Globe and Mail Published September 2, 2026 Canadian manufacturers looking to learn about weathering market ups and downs could take notes from Linamar Corp., the Guelph, Ont.-based auto parts company. Linamar has spent the last 60 years reinventing itself to stay relevant, and along the way has navigated technological disruption, shifting trade policies, a global financial crisis and the auto industry's biggest transitions in decades. Linda Hasenfratz, the executive chair of the board, and the company's former chief executive officer, points to a combination of innovation, flexibility and an unusually long-term plan as keys to Linamar's longevity. Linamar has always kept a close eye on industry transition. About a decade ago, reading the direction the automobile market was going, the company invested in electric vehicle (EV) technology. However, they also ensured the components it was producing for EVs could also be used for hybrid and internal combustion engine vehicles as well. "When the battery electric [demand] didn't materialize, we took all that equipment and shifted it into programs that were selling," says Ms. Hasenfratz. "When you can't predict the future, you don't want to make a big bet on something that might not pay off." Companies like Linamar are "bridges of the competing automotive futures", says Romel Mostafa, an assistant professor of strategy at Western University's Ivey Business School. "They've been able to play both [markets] and that requires managerial astuteness. Fortune favours the bold, but also the astute." After immigrating from Hungary, Frank Hasenfratz started a one-man machine shop that became Linamar in 1966 (named for daughters Linda and Nancy and his wife Margaret). The company now has more than 37,000 employees and 87 manufacturing locations globally. It recently reported second-quarter net earnings of $183-million, up from almost $127-million in the same period last year, as sales increased by $500-million to a record $3.14-billion in Q2. Linamar is now a diversified advanced manufacturing company. Beyond the automotive sector, it creates solutions for industries including agricultural, medtech, water, power, defence and robotics. The company's culture of flexibility also shapes how it responds to uncertainty. Instead of fearing periods of economic or technological change, Linamar sees them as opportunities, says Ms. Hasenfratz. "We've always been quite conservative in how we run our balance sheets, so we don't carry a lot of debt," she explains. "So in those challenging economic times, there's going to be companies that are struggling and that might create an opportunity from an acquisition perspective, for instance, to bring more technology in at a more reasonable price." Rather than developing every new technology or product internally, Linamar has used its acquisitions to expand into technologies it believes will be important for the next generation of vehicles. In the last couple of years, Linamar has acquired a substantial part of Mobex Global's U.S. operations and Dura Shiloh's battery enclosures business. That expanded its capabilities in the EV market, and added propulsion-agnostic technologies that can be used in EV, hybrid and internal combustion engines. Adapting to what's happening in the moment has been part of the company's fabric from the beginning. Underpinning all of the company's business decisions is its "100-year plan" - a mindset designed to remind Linamar's leaders that every decision should grow the business not just the next quarter, but well into the next decade. "We're 20 years into this 100-year plan, and we're thinking generationally," says Ms. Hasenfratz. She says Linamar's main objective is to build a business that can succeed regardless of how markets evolve. Marvin Ryder, an associate professor at McMaster University's DeGroote School of Business, says manufacturing leaders must manage countless day-to-day challenges while continually adapting to new ones, as failing to keep pace can threaten the business's survival. "The people who run these businesses I describe as 'jugglers'. The average Canadian hears a story like Linamar and takes it for granted that a business can be around for 60 years or 100 years or 150 years. In fact, it's the opposite. These are rare and beautiful things." Long-term success depends not only on consistently delivering quality products, but also on anticipating changing customer demand through research and development or strategic acquisitions that bring new capabilities, says Mr. Ryder. While manufacturers may start out as the makers of an item or two, top ones branch out based on the market. For Linamar, he says their core product is also their reliability and quality. "I think Linamar's success isn't traced to a single product or piece of innovation, but to a consistent manufacturing standard," Mr. Ryder says. "It's too hard to predict the future, especially these days with technology evolving so quickly," adds Ms. Hasenfratz. "Just stay super flexible and try to develop a strategy that will be successful in as many different future scenarios as you can envision." A daily look at the most important business stories that are making news and moving markets, written by Chris Wilson-Smith
Linamar Q2 earnings call highlights. August 12, 2026 Key points. * Record Q2 performance: Linamar reported CAD 3.1 billion in sales and CAD 183 million in normalized net earnings, with normalized EPS up 9.6% to CAD 3.08. Free cash flow reached CAD 236.5 million, and the quarterly dividend was increased 10% to CAD 0.32 per share. * Mobility drove growth: Mobility sales increased 20.5% and normalized operating earnings rose 28.6%, supported by acquisitions, higher program volumes and operational efficiencies. Management expects double-digit mobility sales and earnings growth in the third quarter. * Industrial headwinds remain: Agricultural weakness and amended Section 232 tariffs reduced industrial operating earnings by 23.8%, despite stronger Skyjack demand. Linamar maintained its full-year outlook for double-digit sales and normalized EPS growth, while expecting some margin pressure from tariffs. * MarketBeat previews top five stocks to own in September. Linamar TSE: LNR reported record second-quarter sales of CAD 3.1 billion and normalized net earnings of CAD 183 million, as strong performance in its mobility business and access-equipment operations offset weak agricultural markets and tariff-related pressure in its industrial segment. Normalized earnings rose 8.7% from a year earlier, while normalized earnings per share increased 9.6% to CAD 3.08. The company generated CAD 236.5 million in free cash flow during the quarter and nearly CAD 500 million year to date. Executive Chair Linda Hasenfratz said the results reflected the benefits of Linamar's diversified operations, with mobility earnings growth more than offsetting agricultural softness and the impact of tariffs on some industrial products. The company increased its quarterly dividend 10% to CAD 0.32 per share and continued share repurchases under its normal course issuer bid. Mobility segment posts record earnings. Mobility sales rose CAD 400.8 million, or 20.5%, year over year to CAD 2.4 billion. CFO Dale Schneider said the increase was driven primarily by recent acquisitions, higher volumes on launching and mature programs, and favorable foreign-exchange movements. Those gains were partly offset by lower volumes on certain ending programs, lower volumes on some key programs and reduced electric-vehicle volumes. Normalized mobility operating earnings climbed 28.6% to CAD 194 million. Schneider attributed the increase to stronger program volumes, acquisitions and operational efficiencies. CEO and President Jim Jarrell said Linamar's acquisitions of Aludyne North America, Lightstick and, beginning in the second quarter, Winkelmann Group's Remscheid and Penzberg facilities supported sales growth and customer gains. The company reported global trailing 12-month sales value, or TPV, growth of 20% to CAD 977.2 million, including a 25% increase in North America. Linamar recorded nearly CAD 800 million in new business wins across its mobility and industrial businesses during the quarter. Jarrell said the company's expansion into structural and chassis components has increased request-for-quote activity and broadened its propulsion-agnostic product portfolio. Management expects double-digit growth in third-quarter mobility sales and normalized earnings, supported by launches, acquisitions and operational improvements. Mobility margins are expected to remain within the company's normal range and be relatively flat compared with the third quarter of 2025. Industrial results pressured by tariffs and agricultural weakness. Industrial sales increased 13.8% to CAD 783.5 million, led by strong access-equipment demand. However, normalized industrial operating earnings declined 23.8% to CAD 78.7 million, reflecting lower agricultural sales and the effect of amended Section 232 tariffs on certain products. Discover more Market cap calculator Stock market holidays Compare Investment Apps Hasenfratz said more than 90% of Linamar's sales are not affected by tariffs and that the tariffs do not affect the company's automotive operations. She said the revised Section 232 framework, which took effect in April, has created a larger impact on selected industrial products because of changes in how tariffs are calculated. Management said the second quarter is seasonally the strongest quarter for Linamar's industrial businesses and therefore is expected to represent the peak quarterly dollar impact from tariffs. The company expects tariff pressure to be less acute in the following two quarters and is pursuing mitigation actions, including product classification reviews, supply-chain adjustments, distribution optimization, supplier pricing actions and commercial measures. Linamar expects industrial sales to grow in the third quarter, but forecasts a double-digit decline in normalized operating earnings. Industrial margins are expected to remain below the company's typical 14% to 18% range, as access-equipment growth only partly offsets agricultural weakness and tariff costs. Skyjack demand strengthens as agriculture remains soft. Jarrell said Skyjack delivered an "exceptional" quarter, with volumes up 46% year over year and 53% year to date. Growth was broad-based across major regions and product categories, he said, while the industry outlook improved from expectations for a declining market to projected growth of nearly 14% in 2026. The company cited demand from data-center construction, infrastructure investment and rental-fleet expansion. Jarrell said Skyjack's backlog and order intake were each approximately double their levels a year earlier, while utilization rates at rental companies were increasing and canceled orders had declined. Skyjack launched the SJ6940 RTE compact rough-terrain electric scissor lift during the quarter. Its LanyardGO product also received a Best New Product Award at the HIRE26 event in Australia. In agriculture, Linamar said market conditions remained challenging, with North American industry demand expected to decline about 15% for the year. Europe and other international markets are expected to be flat to marginally lower. Still, management said MacDon gained global wind-rower share, Salford expanded its tillage position and Bourgault gained share in the U.S. air-seeder market. Jarrell said the agricultural downturn is moderating but has lasted longer than expected, as farmer sentiment remains cautious amid high input costs, inventory levels and uncertainty. Hasenfratz said some areas of the company's agricultural business are growing from last year and that she expects 2027 to be a better year. Cash flow, balance sheet and outlook. Linamar ended the quarter with CAD 1.3 billion in cash, CAD 2 billion of liquidity and a net-debt-to-EBITDA ratio of 0.52 times, down from 1.02 times a year earlier. The company had CAD 725.2 million available under its credit facilities. Since November 2024, Linamar has returned CAD 192 million to shareholders through the repurchase and cancellation of approximately 2.8 million shares. Under its current buyback program, it has repurchased more than 1 million shares for more than CAD 92 million. For the full year, Linamar maintained its prior outlook for double-digit sales growth and growth in normalized EPS. It expects a modest reduction in normalized net margins, primarily due to the amended Section 232 tariffs, while forecasting higher capital expenditures, low leverage and strongly positive free cash flow. Management also said it is pursuing growth opportunities outside its traditional markets. Jarrell said Linamar signed a memorandum of understanding with a large international defense prime and letters of intent to manufacture collaborative robots and humanoid robots in North America. He said discussions remain in early stages and did not provide a timetable for potential revenue from those efforts. About Linamar (TSE:LNR). Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Linamar, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Linamar wasn't on the list. While Linamar currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Linamar to build cobots, humanoid robots in-house, as supplier seeks growth beyond automotive. June 01, 2026 07:53 AM EDT Linamar Corp. has begun building collaborative robots in-house and is working toward assembling humanoids from the ground up, as the auto supplier leverages its precision manufacturing capabilities to branch out into new, high-growth markets.
Skyjack names Hallam territory sales manager. Linamar Corporation's Skyjack division recently named Bryce Hallam territory sales manager, covering Arkansas, Kansas, Missouri, and Oklahoma. Hallam brings nearly 15 years of valuable experience in the construction and equipment space, driving national accounts and nurturing strategic client relationships. Skyjack's Bryce Hallam, territory sales manager, will cover Arkansas, Kansas, Missouri, and Oklahoma. He has been working with regional customers for over a decade, bringing established relationships and rapport to the role. Hallam most recently served as a national account manager with Husqvarna Construction Products. "Bryce's experience within equipment and construction service markets have proven valuable in his transition to Skyjack," explained Derek Marshall, Skyjack's regional vice president of sales for the southeast United States. "I'm looking forward to Bryce's impact on both Skyjack and its Central United States markets at large. Hallam said: "After making excellent connections alongside the Skyjack Team at CONEXPO, I look forward to continuing strong relationships with its partners and driving continued growth in the region. "Skyjack has built a strong reputation for quality and customer support, and I look forward to contributing to that legacy."