GUELPH, ONTARIO--(Marketwire - Nov. 28, 2008) - Earlier this week Linamar Corporation (TSX:LNR) was presented with the 2008 Merchandising Innovation Award from Home Depot, recognizing the outstanding performance of Linamar's Solaris emission free electric lawnmower. Taking top honours, Linamar was joined by two second-place finishers in a category comprised of thousands of stock-keeping units (SKUs) and hundreds of vendors.
The award, announced at Home Depot Canada's annual Vendor Partnership Meeting in Toronto, saw over 2,000 people in attendance. "This is a very prestigious award for a Home Depot vendor partner to receive and represents a tremendous compliment to Linamar and our ability to launch exciting new products," said Andrew McGillivray, General Manager.
Linamar Consumer Products, a Linamar Company, launched the electric mower in April 2008 offering the convenience of an environmental friendly electric mower with the cutting power of a traditional internal combustion engine. The high torque high efficiency motor technology is known as the Terra Phase Power System.
The Linamar cordless, electric mower uses no oil, no gas and can last up-to an hour on one battery charge. The addition of a solar re-charge option makes this product a truly green alternative for maintaining your lawn.
"We are absolutely thrilled to be the recipient of Home Depot's coveted Merchandising Innovation Award," said Linamar CEO Linda Hasenfratz. "Our emission free high efficiency lawnmower is a key product for the future -- for Linamar and for our environment. We are so pleased that Home Depot shares our vision and passion for products that help our environment."
The motor and lawnmower products are consistent with Linamar's business strategy of using diversity and innovation to continue to sustain and grow its business. To learn more about Linamar Consumer Products visit http://www.linamarconsumerproducts.com/.
Linamar Corporation (TSX:LNR) is a diversified global manufacturing company of highly engineered products. Linamar's Power Generation Products Divisions are world leaders in the collaborative design and manufacture of precision machined components, modules and systems for Global Vehicle Powertrain and Driveline Markets, as well as Global Marine & Energy Markets. The company's Powered Mobile Products Divisions design and manufacture innovative fabricated assemblies & vehicles for Global Access, Industrial, Agricultural, Consumer & Construction Markets. Its Skyjack division is notable for its class leading aerial lift platform and telehandler products. The company has over 11,000 employees in 37 manufacturing locations, five research and development centers and nine sales offices in Canada, United States, Mexico, Germany, Hungary, the UK, China, Korea and Japan and generated sales of over $2.3 billion in 2007. For more information about Linamar Corporation and its industry leading products and services, visit www.linamar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
(519) 836-7550 ext. 2044