Martinrea
Martinrea International Inc. is a Canadian auto parts manufacturer based in Vaughan, Ontario.
Public Company | |
Traded as | TSX: MRE |
ISIN | CA5734591046 |
Industry | automotive parts |
Founder |
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Headquarters | Vaughan, Ontario , Canada |
Key people |
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Revenue | CAD$3.9 Billion (2017)[1] |
Number of employees | 14,000+ [2] |
Website | www |
History
Initially known as Royal Laser Tech Corporation with only a few employees, the company formed under the Business Corporations Act in 1998 as a laser trimming metallic company for store fixtures and fabrications. Martinrea did not become an automotive company until 2001 when founder Rob Wildeboer and two co-founders Fred Jaekel, President of Cosma, and Nick Orlando, Vice President of Cosma finance established the company.[3] In April of 2002, Martinrea purchased Rea International, a fluid system business, and automatically became a tier one supplier for General Motors. In June of 2002, the company officially changed their name to Martinrea International Inc.[4]
In March 2020, Martinrea International Inc. announced the acquisition of the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V.[5]
References
- "Martinrea International Inc." Retrieved 07 August 2019.
- "Martinrea International". Archived from the original on 2010-03-08. Retrieved 2010-08-11.
- Annual Information Form for the fiscal year ended December 31, 2018, February 28, 2019, pp. 3–5.
- Marklines,"Automotive Industry Portal", Marklines, Retrieved 2019-08-6
- Inc, Martinrea International (2020-03-02). "Martinrea International Inc. Completes Purchase of Structural Components for Passenger Cars Division of Metalsa S.A. de C.V." GlobeNewswire News Room. Retrieved 2020-03-03.