Issue 20 – Martinrea International Inc. – With Record Q1 Revenues the Tide May Be Turning

Martinrea International (TSX: MRE) is a Canadian based manufacturer of parts and assemblies primarily for the automotive manufacturing industry. The company specializes in propulsion systems, frame assemblies, fluid supply systems, brake lines and the light weighting of parts. Martinrea has operations in North America, Europe, Brazil and Asia. Martinrea supplies automotive OEM’s that include GM (its largest customer), Ford, Stellantis (Chrysler), Daimler, Honda, Mazda and Volkswagen. The company also supplies the agriculture machinery industry including Deere and Caterpillar.

 

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By Charles Marleau CIM® and William Mitchell CIM®

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By Charles Marleau CIM® and William Mitchell CIM®