Canadian-headquartered component manufacturer Linamar has grown substantially in recent years, extending its business operations from North America into Europe and Asia. Linamar has a publicly stated objective to become a $10bn company through double digit annual sales growth by continuing to build on its significant growth over recent years. This expansion has led to greater complexity in its cash and treasury management operations.
Consequently Linamar’s Group Treasury, based in Canada, is taking a three-tiered approach to enhancing visibility and control over cash, maximising liquidity and optimising investment decision.
Terry HaynesDirector of Treasury