LINAMAR CORPORATION
IN MEXICO
November 1, 2002, GUELPH, Ontario - Linamar Corporation (TSX:LNR) is pleased to announce the
completion of the purchase of Federal-Mogul’s camshaft manufacturing operation in Saltillo, Mexico
operating under the name of Federal-Mogul Camshafts de Mexico S. de R.L. de C.V. The transaction
was completed on October 31, 2002. Terms were not released.
Federal-Mogul Camshafts de Mexico employs approximately 160 people for the manufacturing of
camshafts for the North American original equipment market. Sales in 2003 are expected to be US$13 to
US$15 million. The 73,600 square foot facility was built in 1994 and has been QS 9000/ISO 9001 certified
since February 1997. Major customers of the operation include General Motors and DaimlerChrysler.
“This acquisition is another step forward in our strategy of expanding and developing our automotive
engine business by adding depth and capability in camshaft manufacturing technology,” said Linamar
President & CEO, Linda Hasenfratz. “In addition this plant is in very close proximity to our Linamar de
Mexico plant which fits our operational concept of plant clusters.”
Linamar Corporation designs, develops and manufactures precision machined components, modules and
systems for engine, transmission, chassis and industrial markets primarily for the North American and
European automotive marketplace. The company has more than 8,800 employees in 30 manufacturing
locations, two research and development centers and four sales offices in Canada, United States,
Mexico, Germany, Hungary and Japan.
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