Canadian firm purchases some Mobex plants
GUELPH, Ontario, Canada — Linamar Corp. announced Thursday that its subsidiary Linamar Structures USA (Michigan) Inc. has reached a definitive agreement with Mobex Fourth and 1 LLC, and certain of
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GUELPH, Ontario, Canada — Linamar Corp. announced Thursday that its subsidiary Linamar Structures USA (Michigan) Inc. has reached a definitive agreement with Mobex Fourth and 1 LLC, and certain of
By Robb M. Stewart Linamar is buying manufacturing operations for propulsion-agnostic chassis and suspension modules and components for $70 million in cash....
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By Adriano Marchese Toronto-listed stocks were in retreat at midday on Thursday, steadily falling throughout the morning, in step with global markets. Statistics Canada reported that the... -September 21, 2023 at 12:19 pm EDT - MarketScreener
GUELPH, Ont. - Linamar Corp. has signed a deal with automotive parts supplier Mobex Fourth and 1 to buy a substantial portion of its U.S.-based assets for US$70 million in cash.