Despite Canada’s auto tariff troubles, Linamar buys U.S. firm for $300M

Linamar Corporation is expanding its U.S. manufacturing footprint through a US$300 million deal to buy select North American assets of Aludyne Inc.

Guelph-based Linamar says the Aludyne portfolio adds capabilities in aluminum casting, precision machining and product design that are complementary to its existing structures and chassis business.

The auto parts manufacturer says adding the U.S.-based assets will better help it support customers locally in today’s “dynamic global trade environment.”

The deal comes as Canada’s auto sector faces a variety of U.S. tariffs aimed at shifting more manufacturing into the country.

Linamar Chief Executive Officer Jim Jarrell says in a statement that the deal reinforces supply chain stability for its customers.

Linamar is a diversified manufacturer with 34,000 employees that produces farm and industrial equipment alongside its automotive business. It has 75 production locations around the world.