Martinrea

Martinrea International Inc. is a Canadian auto parts manufacturer based in Vaughan, Ontario.

Martinrea International Inc.
TypePublic
TSX: MRE
Industryautomotive parts
Founder
  • Fred Jaekel
  • Nick Orlando
  • Rob Wildeboer
Headquarters
Vaughan, Ontario
,
Canada
Key people
RevenueCAD$3.9 Billion (2017)[1]
Number of employees
14,000+ [2]
Websitewww.martinrea.com

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
  1. "Martinrea International Inc." Retrieved 07 August 2019.
  2. "Martinrea International". Archived from the original on 2010-03-08. Retrieved 2010-08-11.
  3. Annual Information Form for the fiscal year ended December 31, 2018, February 28, 2019, pp. 3–5.
  4. Marklines,"Automotive Industry Portal", Marklines, Retrieved 2019-08-6
  5. 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.
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