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Linamar plans expansion

Published by Steve Coleman on August 08, 2011

The wheels are churning at Canada's second-largest auto parts maker.

Later this year, Guelph-based Linamar Corp. says it will be moving into a former Volvo Construction Equipment plant in Asheville, NC. That's on top of higher-than-expected growth at its hometown plant.

The parts maker said an incentive package from the southern U.S. community turned out to be the deciding factor. Linamar was offered $6.8 million to help set up shop in the empty $125 million plant.

The U.S. community is also expected to get 400 jobs out of the deal.

Once it's up and running, Linamar will build axle parts for a new Caterpillar plant in Winston-Salem, NC and engine components for a Maryland Volvo tractor-trailer plant. The facility will operate as part of the company's industrial, commercial and energy manufacturing group.

Closer to home, Linamar says it has been able to add more people than expected to its Guelph plant.

The workforce at the south-western Ontario plant is reported to be up over the 1,500 person mark.

Growth in Guelph has been 23 per cent, year-over-year, while its other operations have seen an 19 per cent increase in workforce numbers.

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