Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

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.

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Martinrea International Inc

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Comment by jdzcribon Mar 19, 2014 3:56pm

259 Views

Post# 22342809

RE:The price decline was excessive

also, I believe automotive contracts to supply parts are usually for a certain time ie: 3, 5 or 7 years. It would be both time consuming and costly for OEMs and "the big 3" to market test and quote various jobs and contracts.
I don't imagine the buyers at GM or Ford are watching the SP and thinking of pullling the jobs.

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