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Linamar
Linamar Corporation (TSX:LNR) is an advanced manufacturing company where the intersection of leading-edge technology and deep manufacturing expertise is creating solutions that power vehicles, motion, work and lives for the future. The Company is made up of two operating segments – the Industrial segment and the Mobility segment, both global leaders in manufacturing solutions and world-class developers of highly engineered products. The Industrial segment comprises Skyjack, MacDon and Salford. Skyjack manufactures scissor, boom and telehandler lifts for the aerial work platform industry. MacDon manufactures combine draper headers and self-propelled windrowers for the agricultural harvesting industry. Salford also supplies the agriculture market with farm tillage and crop fertilizer applicator equipment. The Mobility segment is subdivided into three regional groups: North America, Europe and Asia Pacific. Within the Mobility segment, the regional groups are vertically integrated ...
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Linamar Corp Tac 001
Linamar Corporation (TSX:LNR) is an advanced manufacturing company where the intersection of leading-edge technology and deep manufacturing expertise is creating solutions that power vehicles, motion, work and lives for the future. The Company is made up of two operating segments – the Industrial segment and the Mobility segment, both global leaders in manufacturing solutions and world-class developers of highly engineered products. The Industrial segment comprises Skyjack, MacDon and Salford. Skyjack manufactures scissor, boom and telehandler lifts for the aerial work platform industry. MacDon manufactures combine draper headers and self-propelled windrowers for the agricultural harvesting industry. Salford also supplies the agriculture market with farm tillage and crop fertilizer applicator equipment. The Mobility segment is subdivided into three regional groups: North America, Europe and Asia Pacific. Within the Mobility segment, the regional groups are vertically integrated ...
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Linda Hasenfratz
Linda Hasenfratz (born June 1966) is a Canadian businesswoman, the president, chairman, and CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz. Early life Linda Hasenfratz is the daughter of Frank Hasenfratz, the founder of Linamar. She has a bachelor's degree and an MBA, both from the University of Western Ontario. Career In 1990, she started her career as a machine operator at her father's car parts factory. She has been CEO of Linamar since 2002, when she succeeded her father Frank Hasenfratz. Initially, the company faced a few rough years after Hasenfratz took over, but since then, double-digit growth has increased revenue to $6 billion, and $522 million in profit. Additionally, under Hasenfratz's leadership, there are now a total of 58 Linamar plants in 13 countries across Asia, North America and Europe. In May 2017, Hasenfratz spoke of Linamar's 23rd consecutive quarter of double-digit operating earnings growth. Hasenfratz is a member of the Cana ...
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Frank Hasenfratz
Frank Hasenfratz (1935 – January 8, 2022) was a Hungarian-born Canadian billionaire businessman, the founder and owner of Linamar, Canada's second largest auto parts manufacturer, with 26,000 employees at the time of his death. Early life Hasenfratz was an ethnic German, born in 1935 in Szár, Hungary. He left Hungary in May 1957, Canada, fleeing the failed Hungarian Revolution of 1956, first to Austria, then Italy and France. He joined the French Foreign Legion, immediately realized he had made a mistake, and deserted, boarding a freighter bound for Canada. Career He settled in Guelph, Ontario. He went to work in a machine shop supplying fuel pumps to Ford Motor Company, but a sizable percentage of them were defective, so he quit to produce higher-quality pumps himself. He started a one-man machine shop in his basement in 1964, and then incorporated in 1966 under the name Linamar, named after his two daughters, Linda (current Linamar CEO) and Nancy, and his wife Margaret. A ...
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Guelph, Ontario
Guelph ( ; 2021 Canadian Census population 143,740) is a city in Southwestern Ontario, Canada. Known as "The Royal City", Guelph is roughly east of Kitchener and west of Downtown Toronto, at the intersection of Highway 6, Highway 7 and Wellington County Road 124. It is the seat of Wellington County, but is politically independent of it. Guelph began as a settlement in the 1820s, established by Scotsman John Galt, who was in Upper Canada as the first Superintendent of the Canada Company. He based the headquarters, and his home, in the community. The area – much of which became Wellington County – had been part of the Halton Block, a Crown Reserve for the Six Nations Iroquois. Galt would later be considered as the founder of Guelph. For many years, Guelph ranked at or near the bottom of Canada's crime severity list. However, the 2017 Crime Severity Index showed a 15% increase from 2016. Guelph has been noted as having one of the lowest unemployment rates in the ...
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Guelph/Eramosa, Ontario
Guelph/Eramosa () is a township located in Wellington County, in midwestern Ontario, Canada. It partly encircles the city of Guelph, surrounding it in a continuous arc from approximately northeast to south-southwest of the city. It is part of the Guelph census metropolitan area. History The township was created in 1999 by the merger of the townships of Guelph and Eramosa, as well as parts of Pilkington and Nichol townships. The name Eramosa was derived from the native word ''Un-ne-mo-sah'' (possibly meaning "black dog", "dead dog", or simply "dog"). Eramosa Township was settled primarily by Scots and Irish; in 1841, its population was 935. The mayor of Guelph/Eramosa in 2018 is Christopher White (who was first elected in 2010). Township councillors are Bruce Dickieson, Corey Woods, Louise Marshall, and Mark Bouwmeester. County councillors are Don McKay and Doug Breen. Auto parts manufacturer Linamar was started in the village of Ariss in 1964 by Hungarian refugee Frank Hasenf ...
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Guelph
Guelph ( ; 2021 Canadian Census population 143,740) is a city in Southwestern Ontario, Canada. Known as "The Royal City", Guelph is roughly east of Kitchener and west of Downtown Toronto, at the intersection of Highway 6, Highway 7 and Wellington County Road 124. It is the seat of Wellington County, but is politically independent of it. Guelph began as a settlement in the 1820s, established by Scotsman John Galt, who was in Upper Canada as the first Superintendent of the Canada Company. He based the headquarters, and his home, in the community. The area – much of which became Wellington County – had been part of the Halton Block, a Crown Reserve for the Six Nations Iroquois. Galt would later be considered as the founder of Guelph. For many years, Guelph ranked at or near the bottom of Canada's crime severity list. However, the 2017 Crime Severity Index showed a 15% increase from 2016. Guelph has been noted as having one of the lowest unemployment rates in t ...
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S&P/TSX Composite Index
The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the Toronto Stock Exchange (TSX) with about 250 companies included in it. The Toronto Stock Exchange is made up of over 1,500 companies. It replaces the earlier TSE 300 index. On November 12, 2021 the S&P/TSX Composite Index reached an all-time closing high of 21,768.53. The intraday record high was made on November 16, 2021 at 21,796.16. Eligibility To be eligible for inclusion in the Composite Index: * Market capitalization: For eligibility any security must represent a minimum weight of 0.05% of the index. Moreover, the security must have a minimum weighted average price of at least C$1 over the past three months and over the last three trading days of the month-end prior to the exchange reviewing the index. * Liquidity: The trading volume in terms of dollar value and the number of transactions must exceed at least 0.025% of the sum of all eligible se ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Windsor, Ontario
Windsor is a city in southwestern Ontario, Canada, on the south bank of the Detroit River directly across from Detroit, Michigan, United States. Geographically located within but administratively independent of Essex County, it is the southernmost city in Canada and marks the southwestern end of the Quebec City–Windsor Corridor. The city's population was 229,660 at the 2021 census, making it the third-most populated city in Southwestern Ontario, after London and Kitchener. The Detroit–Windsor urban area is North America's most populous trans-border conurbation, and the Ambassador Bridge border crossing is the busiest commercial crossing on the Canada–United States border. Windsor is a major contributor to Canada's automotive industry and is culturally diverse. Known as the "Automotive Capital of Canada", Windsor's industrial and manufacturing heritage is responsible for how the city has developed through the years. History Early settlement At the time when the fir ...
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Winnipeg, Manitoba
Winnipeg () is the capital and largest city of the province of Manitoba in Canada. It is centred on the confluence of the Red and Assiniboine rivers, near the longitudinal centre of North America. , Winnipeg had a city population of 749,607 and a metropolitan population of 834,678, making it the sixth-largest city, and eighth-largest metropolitan area in Canada. The city is named after the nearby Lake Winnipeg; the name comes from the Western Cree words for "muddy water" - “winipīhk”. The region was a trading centre for Indigenous peoples long before the arrival of Europeans; it is the traditional territory of the Anishinabe (Ojibway), Ininew (Cree), Oji-Cree, Dene, and Dakota, and is the birthplace of the Métis Nation. French traders built the first fort on the site in 1738. A settlement was later founded by the Selkirk settlers of the Red River Colony in 1812, the nucleus of which was incorporated as the City of Winnipeg in 1873. Being far inland, the local c ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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