Linamar, GF Automotive partner, form joint venture

Linamar, GF Automotive partner, form joint venture

Companies to develop integrated casting, machining systems for lightweight metals.

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July 20, 2015

Guelph, Ontario – Linamar Corp. is partnering with GF Automotive, a division of Georg Fischer AG, to support a strategy in providing integrated light metal casting and machining solutions to global customers.

Linamar Corp. and GF Automotive will cooperate in North America, Europe, and Asia to provide integrated casting and machining solutions to automotive, industrial, and commercial customers. Linamar produces precision forged and machined metallic components, modules, and systems for engine, transmission, and driveline systems. GF Automotive makes light-weight cast components and systems for automotive and industrial applications. Together, the parties will combine resources and capabilities to provide light-weight, best-in-class solutions for large powertrain, driveline, and structural components.

Within their global partnership, Linamar and GF Automotive have agreed to build a new jointly owned light metal foundry in the southeastern United States. The new jointly-owned entity named GF Linamar LLC will provide light metal high-pressure die castings for powertrain, driveline, and structural components to the NAFTA market. The foundry is scheduled to begin production mid-2017. In addition, Linamar plans to offer machining services on site to provide optimal integrated cast and machined solutions at the best value, design, and quality to our customers.

"GF Automotive is a highly respected technical leader in the market, well-known and positioned in the powertrain, driveline, and structural components market where we both intend to grow significantly," says Linda Hasenfratz, CEO of Linamar. "The combined capabilities of Linamar and GF Automotive create a global powerhouse in light metal products in key markets with the ability to grow and support customers globally and gives Linamar the opportunity to grow in structural body products in complement to our strong powertrain business."

"GF and Linamar complement each other very well combining leading expertise in casting respectively in machining," states Yves Serra, CEO of GF. "Our cooperation allows both partners to offer integrated solutions to their customers and for GF Automotive to expand its activities in the promising North American market."

Source: Linamar