Auto parts manufacturer
says it will significantly expand its operations in the United States by acquiring certain assets of Michigan-based Aludyne Inc. for US$300 million, but this move is not the result of US President Donald Trump.
about the Canadian automotive sector.
“We are acquiring Aludyne because it is an excellent solid casting technology business that also expands our processing operations in Canada, as well as our ability to pursue new opportunities for our onshore customers,” a company spokesperson said in an email. “This in no way diminishes our ability or intentions to develop our Canadian… operations.”
The Guelph, Ont.-based company, which makes parts for vehicles and agricultural, industrial and medical equipment, said its investment in Canada in 2025 was the highest in its history and that the deal will strengthen its ability to support its customers locally in a “dynamic” global trading environment.
“A diversified geographic footprint provides resilience and flexibility to respond to evolving geopolitical and regulatory environments while maintaining high standards of quality and delivery,” the company said in a statement Thursday.
The Trump administration has imposed a 25 percent tariff on vehicles manufactured outside the United States, excluding vehicles made with American components.
At a meeting with the Prime Minister
Earlier this week in the Oval Office, Trump said the situation with Canada is tough because “we want to make our cars here.” At the same time, “we want Canada to succeed in making cars. So we're working on the formulas, and I think we'll get there.”
Aludyne produces lightweight aluminum parts that help shape the vehicle's structure. Linamar said the acquisition is “fully complementary” to its existing business and adds advanced capabilities in aluminum casting, precision machining and product design.
“Aludyne’s proprietary lightweight metal casting technology provides significant growth opportunities for our structural casting business and further strengthens our mobile business,” Linamar executive chairman Linda Hasenfratz said in a statement.
CEO Jim Jarrell said the deal also “strengthens supply chain stability” for customers.
Linamar has more than 34,000 employees across 75 manufacturing facilities in 19 countries and generated 2024 sales of more than $10.5 billion, according to the company.
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