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.

TSX:MRE - Post by User

Martinrea International Inc > WOW!!!!

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Comment by Odinsonon Nov 16, 2024 6:06am

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Post# 36316246

RE:RE:RE:RE:WOW!!!!

I'm not so sure that that would help. The economies around the world are not doing as good as some would claim. MRE is large supplier to the auto industry and that industry is not having a good time lately. Just look at Stellantis AND GM. Both have laid off quite a number of people. GM just announced another 1000.
Changing mamagement won't help if the markets for their product is not "there."

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