Linamar Corp., parent company to aerial work platform manufacturer Skyjack Inc., reported a 56 percent decline in profits in the third quarter. Sales for Skyjack, based in Guelph, Ontario, Canada, decreased 21.3 percent.
Linamar employs almost 12,000 people in North America, Europe and Asia, making precision automobile components for engines, transmissions and vehicle bodies for North American and European automobile manufacturers. Based in Guelph, Ontario, Linamar has plants, research centers and sales offices in Canada, the United States, Mexico, the United Kingdom, Germany, Hungary, China, Korea and Japan.
