Linamar reports earnings rise to $174.1 million, CEO to become executive board chair

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Linda Hasenfratz اخبار

Linamar,Jim Jarrell

GUELPH, Ont. — Manufacturer Linamar Corp. says its earnings and revenue rose during the last quarter that longtime CEO Linda Hasenfratz will serve in the top...

GUELPH, Ont. — Manufacturer Linamar Corp. says its earnings and revenue rose during the last quarter that longtime CEO Linda Hasenfratz will serve in the top role.

It says Jim Jarrell, who stepped into the president role in 2004, will take on the CEO position as well. Sales for the producer of auto parts, agricultural and industrial equipment totalled $2.85 billion, up from $2.55 billion last year.Hasenfratz said the company was happy with the growth in the quarter, especially with the continued recovery of its automotive business.ASUNCIÓN, Paraguay — The government of Paraguay on Thursday effectively ordered the U.S.

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