Martinrea International Inc. is an auto parts manufacturer based in Vaughan, Ontario. It operates in North America, Europe and Asia. Martinrea serves as a supplier for General Motors, Toyota, and Fordhttps://www.thecanadianpressnews.ca/business/martinrea-reports-35-8m-in-q3-profit-up-from-last-year/article_b2587630-d7f6-5a60-88d6-5d9128d9a747.html.
History Royal Laser Tech Corporation was formed under the Canada Business Corporations Act in 1998. A business with only a few employees, it provided and laser trimmed metal store fixtures and fabrications. Rob Wildeboer, Fred Jaekel, President of Cosma, and Nick Orlando, Vice President of Cosma finance joined Royal Laser Tech in August 2001 and focused new business on supply to original equipment manufacturers in the automotive industry. , February 28, 2019, pp. 3–5.
Expansion by acquisition Rea International. In April of 2002, Royal Laser Tech Corporation purchased Rea International, a fluid system business, and automatically became a tier one supplier for General Motors.In June of 2002, Royal Laser Tech Corporation changed its name to Martinrea International Inc.Marklines,"Automotive Industry Portal", Marklines, Retrieved 2019-08-6 Pilot Industries, fuel systems purchased 2002Plastics News November 13, 2006 accessed September 16, 2021 Corydon, Indiana, plant bought for Icon Metal Forming in February 2005.Louisville Business First July 24, 2006. Accessed September 16, 2021D&B Business Directory accessed September 16, 2021 Depco International injection moulding and roll-formed metal products purchased 2006 Thyssen-Krupp Budd: In November 2006, Martinrea International received the approval of US antitrust authorities to buy the North America body and chassis operations of Thyssen-Krupp Budd.Business Need to Know. The Times (London). Saturday, Nov. 4, 2006 Issue 68849, Page 58 SKD Automotive Group, 2009The Globe and Mail April 21, 2009 Accessed September 16, 2021 Honsel, manufacturer of aluminum engine blocks, transmission cases, suspension and other automotive parts, located in Meschede, Germany. 2011Auto Service World May 17, 2011 accessed September 16, 2021 Metalsa, in March 2020, Martinrea International Inc. announced the acquisition of the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V.
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