Multimatic, the Canadian auto supplier and contract assembler of the Ford GT, is creating a Special Vehicle Operations group, which will focus on high-performance, low-volume vehicles.
Larry Holt will lead the division as its executive vice-president and be responsible for all vehicle engineering developments, motorsports engineering ventures, as well as all race team operations.
Low-volume vehicle body and chassis manufacturing, carbon fibre part production and low-volume, niche component supply will also be incorporated within the new division.
“I will now focus on what has become a personal passion and so our motorsports and performance vehicle customers will continue to receive my full commitment,” Holt said in a statement.
At the same time, Jim Holland has been named manager of the Multimatic Engineering group, which will focus on providing the industrial manufacturing groups of Multimatic with product and technology development while maintaining a close relationship with Holt and the Special Vehicle Operations group.
The structure is designed to allow Holt to focus on vehicle engineering and motorsports, while Holland manages the Engineering Group, the company said.
Multimatic President and COO Raj Nair said the restructuring means the company “can remain true to our decentralized, agile and innovative operating philosophy.”
“Multimatic is capable of engineering and manufacturing at extremely low and extremely high levels of volume; as well as engineering and manufacturing at the individual component level all the way to a full vehicle level; not to mention our capabilities and accomplishments at the highest levels of global motorsports, this now demands a higher level of specialization and that is what the split will facilitate,” he said in a statement.