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Martinrea International Inc T.MRE

Alternate Symbol(s):  MRETF

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.


TSX:MRE - Post by User

Bullboard Posts
Post by denlepon Nov 27, 2018 7:48am
157 Views
Post# 29025681

Overreaction

OverreactionMRE  is closing a p,ant with 77 worker. Mre has over 15000 worker.  It represent half if one percent.
The money MRE is makkng has nothing to do with the number of planfs that GM or any other has. It has to do with the nu ber of cars sold. Hte fact that GM streamljne his operation doesn't change the numbers ofmcars who will be sold next year for the whole industries.
If you have to chnage your car next year, you will chnage it no matters where it is built and no matter how many plants GM or Ford or any other has in operation.
Bullboard Posts