Linamar Corporation Announces the Passing of David Buehlow
GUELPH, ON, Jan. 7, 2014 /CNW/ - (TSX: LNR). Linamar Corporation is saddened to announce the passing of a member of the Company's Board of Directors, David Buehlow. Mr. Buehlow died peacefully on Sunday, December 22, 2013 at the age of 77.
Mr. Buehlow became a director of Linamar in 1998 and was a vital part of Linamar for over 15 years. His financial experience through his partnership at Coopers & Lybrand (now PricewaterhouseCoopers) was invaluable to Linamar.
"David was always an enthusiastic member of our board and strong lead to our Audit Committee. He was a person I admired greatly and will be sorely missed," said Linamar CEO, Linda Hasenfratz.
The company has initiated a search for a new director.
Linamar Corporation (TSX:LNR) is a diversified global manufacturing Company of highly engineered products powering vehicles, motion, work and lives. The Company is made up of 2 operating segments - the Powertrain/Driveline segment and the Industrial segments which are further divided into 4 key divisions - Manufacturing, Driveline, Industrial Commercial Energy ("ICE") and Skyjack, all world leaders in the design, development and production of highly engineered products. The Company's Manufacturing and Driveline divisions focus on precision metallic components, modules and systems for engine, transmission and driveline systems designed for passenger vehicle markets. The ICE group concentrates on similar products for on and off highway vehicle, energy and other industrial markets. The Company's Skyjack division is noted for its innovative, high quality mobile industrial equipment, notably its class-leading aerial work platforms and telehandlers. With more than 18,000 employees in 42 manufacturing locations, 5 R&D centers and 15 sales offices in 12 countries in North America, Europe and Asia, Linamar generated sales of more than $3.22 Billion in 2012. For more information about Linamar Corporation and its industry leading products and services, visit www.linamar.com
|Frank Hasenfratz||Linda Hasenfratz|
|Chairman of the Board||Chief Executive Officer|
January 7, 2014
SOURCE Linamar Corporation