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LNR meaning in Business ?

Answer» What is Linamar Corporation mean?

Linamar Corporation is a publicly traded Canadian manufacturing company that operates worldwide. It is Canada's second-largest automobile parts manufacturer (after Magna International). Linamar manufactures and supplies products to automotive and industrial markets. Linamar has two divisions, Powertrain/Driveline and Industrial. These are further divided into the areas of machining and assembly, light metal casting (Montupet), forging (Seissenschmidt), aerial work platforms (Skyjack), and agricultural equipment (MacDon and OROS).

Based in Guelph, Ontario, the company's various operations employ more than 29,000 persons worldwide in a total of 60 manufacturing plants, 8 R&D centers and 25 sales offices in 17 countries located in North and South America, Europe and Asia. Total sales in 2018 were $7.6 billion.

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