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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
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Post by Betteryear2on Apr 23, 2024 5:52pm
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Post# 36004107

Martinrea International Inc. Investment in Equispheres Inc.

Martinrea International Inc. Investment in Equispheres Inc.TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX:MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announces that in March, 2024, the Company was the lead investor in a financing round for Equispheres Inc., acquiring convertible preferred shares in the amount of US$6.0 million. This is the second investment the Company has made in Equispheres, following a C$1.0 million investment in April 2023.

Martinrea International Inc. Announces Investment in (globenewswire.com)
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