SL Rasch GmbH Special and Lightweight Structures

Martinrea International Inc. Announces Strategic Relationship With Yamada Manufacturing Co., Ltd.

Retrieved on: 
Tuesday, October 17, 2023

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced a strategic relationship with Yamada Manufacturing Co., Ltd. based in Gunma, Japan.

Key Points: 
  • TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced a strategic relationship with Yamada Manufacturing Co., Ltd. based in Gunma, Japan.
  • Yamada specializes in the development and manufacturing of chassis, drive units, and powertrain components.
  • The strategic relationship signifies a broader global manufacturing footprint for Martinrea in Japan, encompassing Yamada's production expertise and network.
  • Martinrea will utilize its expertise in manufacturing parts with stringent mechanical performance criteria, both with and without heat treatment.

Martinrea International Inc. Holds Annual General Meeting

Retrieved on: 
Tuesday, June 6, 2023

TORONTO, June 06, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the results of the election of directors at its annual general meeting.

Key Points: 
  • TORONTO, June 06, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the results of the election of directors at its annual general meeting.
  • Rob Wildeboer, the Company’s Executive Chairman, stated: “We would like to thank our shareholders for their overwhelming show of support.
  • Our outlook remains positive.”
    Martinrea held an annual general meeting on June 6, 2023.
  • A total of 48,464,187 Common Shares, or 60.29% of the issued and outstanding Common Shares, were voted at the meeting.

Martinrea International Inc. Reports Record Quarterly Sales and Declares Dividend

Retrieved on: 
Thursday, May 4, 2023

Total sales of $1,303.9 million, up 12.9% year-over-year, a new quarterly record for the Company.

Key Points: 
  • Total sales of $1,303.9 million, up 12.9% year-over-year, a new quarterly record for the Company.
  • Adjusted EBITDA(1) of $152.5 million, a new quarterly record for the Company.
  • Net debt-to-Adjusted EBITDA(1) ratio, excluding the impact of IFRS 16, continues to strengthen and ended the quarter at 1.90x.
  • New business awards of approximately $70 million in annualized sales at mature volumes.

Martinrea International Inc. Publishes 2022 Sustainability Report

Retrieved on: 
Monday, March 6, 2023

VAUGHAN, Ontario, March 06, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development, and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announced the release of its 2022 Sustainability Report on March 2.

Key Points: 
  • VAUGHAN, Ontario, March 06, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development, and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announced the release of its 2022 Sustainability Report on March 2.
  • This report showcases Martinrea’s performance on Environmental, Social, and Governance (ESG), ongoing initiatives, and goals for the future.
  • “Our people are vital in ensuring the Company’s sustainability initiatives are implemented throughout our business.”
    The 2022 Sustainability Report highlights various achievements and accomplishments, including:
    In 2022, we committed to reducing our carbon emissions by 35 percent by 2035.
  • To view or download Martinrea’s 2022 Sustainability Report, visit:

Martinrea International Inc. Announces Acquisition of Effenco Development Assets

Retrieved on: 
Monday, February 27, 2023

TORONTO, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the acquisition of the assets of Montreal-based Effenco Development Inc., which were acquired in 2022.

Key Points: 
  • TORONTO, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the acquisition of the assets of Montreal-based Effenco Development Inc., which were acquired in 2022.
  • Effenco is an award-winning Green-Tech business that designs, manufactures and markets technologies for the electrification and connectivity of heavy duty vocational trucks.
  • The Effenco Hybrid Electric solution augments the vehicle’s powertrain and electrifies the onboard equipment utilizing a unique ultracapacitor-based technology.
  • We welcome the members of the Effenco team to our Martinrea family.”
    “This acquisition will further align with Martinrea’s sustainability and innovation initiatives,” said Rob Wildeboer, Executive Chairman.

Martinrea International Inc. Welcomes Peter Hall as Senior Advisor

Retrieved on: 
Thursday, December 8, 2022

TORONTO, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX: MRE), a diversified and global automotive supplier engaged in developing and manufacturing highly engineered, value-added Lightweight Structures and Propulsion Systems, has retained Peter Hall, former Chief Economist of Export Development Canada (EDC) as a Senior Advisor.

Key Points: 
  • TORONTO, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX: MRE), a diversified and global automotive supplier engaged in developing and manufacturing highly engineered, value-added Lightweight Structures and Propulsion Systems, has retained Peter Hall, former Chief Economist of Export Development Canada (EDC) as a Senior Advisor.
  • In this role, Mr. Hall will provide regular commentary on a wide range of issues impacting Canadian market conditions, global economic issues, and market-specific categories important to Martinrea and its key stakeholders.
  • Besides providing strategic advice to senior management at EDC, Mr. Hall regularly provided commentary on the world economy and Canadian international trade issues on television, radio and print media, which he continues to do.
  • Mr. Hall also participates as a guest speaker at numerous conferences, international roundtables and policy forums.

Martinrea International Inc. Announces Maureen Midgley as New Director

Retrieved on: 
Monday, December 5, 2022

TORONTO, Dec. 05, 2022 (GLOBE NEWSWIRE) --  Martinrea International Inc. (TSX : MRE) (“Martinrea” or the “Company”) announced Maureen Midgley will join its board of Directors effective January 1, 2023.

Key Points: 
  • TORONTO, Dec. 05, 2022 (GLOBE NEWSWIRE) --  Martinrea International Inc. (TSX : MRE) (“Martinrea” or the “Company”) announced Maureen Midgley will join its board of Directors effective January 1, 2023.
  • Ms. Midgley is a recognized leader in automotive, logistics, technology and operations, with an outstanding record of transformation and growth at leading organizations.
  • Prior to Amazon, Ms. Midgley served as Senior Vice President of Global Manufacturing Engineering and Lean Enterprise at Henkel Corporation.
  • “Maureen has vast experience in manufacturing, engineering and supply chain which will add tremendous value to our board at Martinrea,” said Rob Wildeboer, Martinrea’s Executive Chairman.

MARTINREA WINS 2022 AUTOMOTIVE NEWS PACE AWARD FOR GrapheneGuard™ COATED BRAKE LINES

Retrieved on: 
Tuesday, September 20, 2022

Martinrea was recognized for its Brake Lines with GrapheneGuard , which marks the first use of graphene in an automotive brake line application.

Key Points: 
  • Martinrea was recognized for its Brake Lines with GrapheneGuard , which marks the first use of graphene in an automotive brake line application.
  • Martinrea recognized the potential of graphene and developed the revolutionary GrapheneGuard coating technology which incorporates graphene into nylon.
  • The Automotive News PACE Award is accepted around the world as the industry benchmark for innovation.
  • Martinrea earned an Automotive News PACE Award following an extensive review by an independent panel of judges including a comprehensive written application and a virtual site visit.

Martinrea Wins 2022 Automotive News PACE Award for GrapheneGuard™ Coated Brake Lines

Retrieved on: 
Tuesday, September 20, 2022

Martinrea was recognized for its Brake Lines with GrapheneGuard , which marks the first use of graphene in an automotive brake line application.

Key Points: 
  • Martinrea was recognized for its Brake Lines with GrapheneGuard , which marks the first use of graphene in an automotive brake line application.
  • Martinrea recognized the potential of graphene and developed the revolutionary GrapheneGuard coating technology which incorporates graphene into nylon.
  • The Automotive News PACE Award is accepted around the world as the industry benchmark for innovation.
  • Martinrea earned an Automotive News PACE Award following an extensive review by an independent panel of judges including a comprehensive written application and a virtual site visit.

Martinrea International Inc. Holds Annual General Meeting

Retrieved on: 
Wednesday, June 8, 2022

TORONTO, June 08, 2022 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced results of the election of directors at its annual general and special meeting.

Key Points: 
  • TORONTO, June 08, 2022 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced results of the election of directors at its annual general and special meeting.
  • Rob Wildeboer, the Companys Executive Chairman, stated: We would like to thank our shareholders for their overwhelming show of support.
  • Martinrea held an annual general meeting on June 7, 2022.
  • A total of 53,539,635 Common Shares, or 66.62% of the issued and outstanding Common Shares, were voted at the meeting.