Linamar Corporation
TSX : LNR

Linamar Corporation

December 21, 2009 12:42 ET

Linamar Corporation Appoints Steve Shaughnessy Skyjack President

GUELPH, ONTARIO--(Marketwire - Dec. 21, 2009) - Linamar Corporation (TSX:LNR) announced today that Steve Shaughnessy has been appointed President of Skyjack Inc., a Linamar subsidiary. Shaughnessy, an equipment industry veteran with more than 30 years experience in the aerialift and crane business, will be succeeding Ken McDougall, who has been given the responsibility for running Linamar's Powertrain Mexico operations.

Shaughnessy brings with him executive leadership experience from some of the worlds largest rental businesses in both the US and Europe, including Loxam, NES and Ashtead Plant Hive. He is currently a Board Member and Deputy President of the International Powered Access Federation (IPAF), the leading association for the promotion of the safe and effective use of aerial work platforms throughout the world.

Linamar President and COO Jim Jarrell said that, "Steve Shaughnessy has unparalleled experience of working in the aerialift industry at a senior level in both North American and Europe. We believe that this appointment will offer significant benefits both to the organization and to our customers who have come to depend upon Skyjack as synonymous with quality and innovation in the aerialift market.

Linamar CEO Linda Hasenfratz added, "Steve is a proven executive who delivers results with a great track record for business growth, exactly what we need for today's opportunistic global market."

Linamar Corporation (TSX:LNR) is a diversified global manufacturing company of highly engineered products. The company's Powertrain and Driveline focused divisions are world leaders in the collaborative design, development and manufacture of precision metallic components, modules and systems for global vehicle and power generation markets. The company's Industrial division is a world leader in the design and production of innovative mobile industrial equipment, notably its class-leading aerial work platforms and telehandlers. With more than 9,000 employees in 37 manufacturing locations, 5 R&D centers and 11 sales offices in Canada, US, Mexico, Germany, Hungary, UK, China, Korea and Japan, Linamar generated sales of over $2.2 Billion in 2008. For more information about Linamar Corporation and its industry leading products and services, visitwww.linamar.com.

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