Martinrea International Inc - Company Profile
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Martinrea International Inc (Martinrea) is an auto parts manufacturing company. Its major products include metal parts, assemblies and modules, fluid management systems, and aluminum products. The company supplies its products to global automobile manufacturers including General Motors, Ford, Fiat Chrysler, Honda, Nissan, Volkswagen, BMW, Mercedes, Hyundai, Daimler, Infiniti, TRW, Fiat, Audi, and Hyundai among others. The company has manufacturing, engineering, and technical centers in Canada, the US, Mexico, Brazil, Germany, Slovakia, Spain, South Africa, Japan, and China. It develops and manufactures its products through different processes and technologies including metal coatings, cutting, light metal forming, metal joining, manufacturing and assembly, metal forming, and tube processing. Martinrea is headquartered in Vaughan, Ontario, Canada.
Headquarters
Canada
Address
3210 Langstaff Rd, Vaughan, Ontario, L4K5B2
Website
www.martinrea.com
Telephone
1 416 7490314
No of Employees
19,000
Industry
Automotive
Ticker Symbol & Exchange
MRE (TSE)
Revenue (2022)
$4.0B
12.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
15.7%
(2022 vs 2021)
Market Cap*
$620.0M
Net Profit Margin (2022)
XYZ
3.2%
(2022 vs 2021)
* As of and is in US$
Martinrea International Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Engine Blocks |
| Oil Pans |
| Cam Carrier |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company announced partnership with Yamada manufacturing Co Ltd to jointly promote lightweight solutions in the Japanese markets. |
| 2023 | Divestiture | In March, the company sold its stake in VoltaXplore to NanoXplore. |
| 2023 | Asset Purchase | In February, the company purchased the assets of Effenco Development Inc. |
Competitor Comparison
| Key Parameters | Martinrea International Inc | Magna International Inc | Lear Corp | BorgWarner Inc | Gestamp Automocion SA |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | United States of America | United States of America | Spain |
| City | Vaughan | Aurora | Southfield | Auburn Hills | Abadino |
| State/Province | Ontario | Ontario | Michigan | Michigan | Vizcaya |
| No. of Employees | 19,000 | 179,000 | 186,600 | 39,900 | 44,262 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pat D'Eramo | Director; Chief Executive Officer | Executive Board | - | - |
| Fred Di Tosto | Chief Financial Officer; President | Senior Management | 2024 | - |
| Robert P. Wildeboer | Chairman | Executive Board | - | - |
| Ganesh Iyer | Chief Technology Officer | Senior Management | - | - |
| Armando Pagliari | Executive Vice President - Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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