Linamar buys Renault’s Mexican engine-making unit
GUELPH, Ont. — Engine-part maker Linamar Corp. says it will buy the Mexican engine manufacturing operation of French car- and truck-maker Renault SA. The plant, called Rimex, will continue to supply Renault with engines for the next 18 months to two years, according to Linamar CEO Linda Hasenfratz.
Rimex was created in 1982 as part of Renault’s North American assembly operations. Since then, it has been producing engines for Renault’s European models. The facility employs 524 workers.
Guelph, Ont.-based Linamar employs over 6500 people and builds a variety of machined and assembled automotive components. It has 27 plants worldwide, including 20 in Canada, four in Hungary, two in the United States, and one facility in Mexico.
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