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Linamar To Purchase Two Factories In Germany
Summary by Canadian Plastics
1 Articles
1 Articles
Linamar To Purchase Two Factories In Germany
Canadian automotive parts maker Linamar Corp. has signed a deal with German manufacturer Winning BLW to buy the company’s factories in Remscheid and Penzberg, Germany. The financial terms of the deal have not been disclosed. In a March 27 statement, officials with Guelph, Ont.-based Linamar said the Remscheid operation produces high-performance precision bevel and intermediate gears for the light vehicle market; and the Penzberg facility special…
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