Linamar Corp also signs a Member agreement with the CMC
SACRAMENTO, Calif.–(BUSINESS WIRE)–The California Mobility Center (CMC) announces the addition of new board member Linda Hasenfratz. Hasenfratz is the Chief Executive Officer of Linamar Corporation (TSX:LNR), a Canadian advanced manufacturing company specializing in industrial and mobility markets applications. Linamar Corporation, a global leader in manufacturing and development of highly engineered products, also joins the CMC as its newest international Member.
“We are extremely pleased with the extraordinary slate of top industry leaders and experts represented on our board,” said CMC board chair Arlen Orchard. “Linda is widely recognized as a Canadian and global leader. She brings immense business influence, international reach and a highly valued expertise that can only serve to propel the CMC’s very ambitious goals.”
Hasenfratz has led the company as its CEO since 2002. She has an impressive legacy of leadership service on multiple boards that include the Association of Equipment Manufacturers, the Business Council of Canada and the Catalyst Canada Advisory Board. Hasenfratz was named the Canadian Chair of the Canada-United States Council for Advancement of Women Entrepreneurs and Business Leaders in 2017, and in 2016 she made Fortune’s 50 Most Powerful Women International list. Hasenfratz has been awarded the Canadian Outstanding CEO honor (2018) and has been made the Automotive News 100 Leading Women list multiple times.
“As a company long involved in the automotive sector, our primary focus for mobility at Linamar has clearly shifted to the enormous opportunities for growth in the area of electrification of the vehicle,” said Hasenfratz. “I am excited about the opportunity to be engaged with the CMC and the ecosystem it is creating around electrification and driving towards a sustainable future, both as an advisor and as a participant in this industry transformation.”
Linamar Corporation also signed a Member agreement with the CMC. Through the CMC, Member companies gain access to opportunities with early-stage innovators, participation in cross-industry thought leadership, pathways to commercialization and platforms for influencing policy.
“We are thrilled that Linda and Linamar have joined the CMC’s growing ecosystem, a global company that sits at the intersection of leading-edge manufacturing technology,” said Orchard. “They are creating advanced manufacturing solutions that are changing the way we move goods and people. Folding Linda’s distinct expertise and industry stature into the CMC’s leadership is a win-win for future mobility.”
About Linamar: Linamar Corporation (TSX:LNR) is an advanced manufacturing company where the intersection of leading-edge technology and deep manufacturing expertise is creating solutions that power vehicles, motion, work and lives for the future. The Company is made up of two operating segments – the Industrial segment and the Mobility segment, both global leaders in manufacturing solutions and world-class developers of highly engineered products. The Industrial segment is comprised of Skyjack and MacDon. Skyjack manufactures scissor, boom and telehandler lifts for the aerial work platform industry. MacDon manufactures combine draper headers and self-propelled windrowers for the agricultural harvesting industry. The Mobility segment is subdivided into three regional groups: North America, Europe and Asia Pacific. Within the Mobility segment, the regional groups are vertically integrated operations combining expertise in light metal casting, forging, machining and assembly for both the global electrified and traditionally powered on and off highway vehicle markets. The Mobility segment products are focused on both systems and components for new energy powertrains, body and chassis, driveline, engine and transmission systems of these vehicles. McLaren Engineering, the global engineering division of Linamar, provides full-service technical capabilities for the Mobility segment, including design, development and testing services. The newly formed eLIN Product Solutions Group focuses on developing electrified products concentrating on four key areas: Power Generation, Energy Storage, Propulsion Systems and Structural & Chassis offerings for electrified vehicles in all of Linamar’s businesses globally. Linamar has over 25,000 employees in 60 manufacturing locations, 12 R&D centres and 25 sales offices in 17 countries in North and South America, Europe and Asia, which generated sales of $7.4 billion in 2019. For more information about Linamar Corporation and its industry-leading products and services, visit www.linamar.com or follow us on Twitter at @LinamarCorp.
About the California Mobility Center (CMC): The CMC is a nonprofit, public-private entity providing future mobility innovators and industry incumbents access to programs and resources that accelerate the pace of commercialization worldwide and aspires to be the leading innovation center for global mobility success. The CMC was founded by industry thought leaders in clean technology including California State University, Sacramento, EnerTech Capital, PEM Motion, Sacramento Municipal Utility District (SMUD) and the Greater Sacramento Economic Council (GSEC). The CMC is strategically located in Sacramento, CA. Its location puts the CMC in close proximity to California government, which leads the United States and the world in producing policies around green mobility and technology. For more information, visit californiamobilitycenter.org.
Contacts
Christine Ault
916-803-1413, christine@christineault.com
