Best known for building performance cars such as the Ford GT, Multimatic Inc. is reorganizing into three units to underpin a growing, broader business.
The Markham, Ont., automotive engineering and manufacturing specialist has undertaken a multi-layer expansion into three operating groups: Multimatic Mechanisms, Multimatic Structures and Suspension, and Multimatic Engineering.
Engineering for the company's own manufacturing divisions has become its primary focus, with facilities strategically launched to accommodate growth in North America, Europe and Asia, according to CEO Peter Czapka.
Key initiatives include light-weighting with carbon fibre, suspension damping and enabling autonomous vehicles by integrating data from sensors with mechanical features.
The company now sits at more than 500 global employees, some who have been there since Day One. Its expansion can be attributed to the combination of production-focused engineering, advanced research and development capabilities, a focus on innovation and the offering of high-volume production, all found under one corporate roof.
But as many automakers push for lightweight parts, Multimatic’s expertise and production capacity of carbon fibre composites and suspension dampers give it the opportunity to become a single-source solution. That is changing the company’s culture.
CULTURE OF PRIVACY