Linamar Introduces New Product to Mow Down Gas Emissions This Spring
April 04 2008 - 8:38AM
Marketwired
GUELPH, ONTARIO has entered the consumer products market with
electric motor technology powering a 'green' electric lawnmower.
Linamar's innovative motor offers the convenience of an
environmental friendly electric mower with the cutting power of a
traditional internal combustion engine.
The motor technology, produced by Linamar Consumer Products, a
Linamar Company, is known as the Terra Phase Power System. The
Terra Phase motor is literally the driving force of Linamar's
lawnmower product and creates performance comparable to a
traditional gas motor.
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 excited to introduce our Terra Phase motor technology to
the public, it's a product we are very proud of and it unites many
of our core competencies of research, development, innovation and
assembly. Plus, it has a tremendously positive impact on our
environment," said Linda Hasenfratz, CEO of Linamar
Corporation.
Retailers have been enthusiastic about the product and its
environmental benefits. Three major retailers will carry the
lawnmower this spring, including The Home Depot who recognizes
Linamar's lawnmower as part of its "Eco Options" line-up of
environmentally friendly products, which consists of over 1,500
SKU's.
"Mow Down Pollution, is a joint program between The Home Depot
& Clean Air Foundation, introduced to encourage consumers to
replace old gas lawnmowers with more efficient and environmentally
friendly alternatives, such as Linamar's electric mower," said
Annette Verschuren, President of The Home Depot Canada & Asia.
"The Home Depot carries more than 1,500 Eco Options products and is
pleased to carry Linamar's Solaris lawnmowers in our stores this
spring."
The Home Depot's Eco Options label identifies products for
consumers that have less of an impact on the environment than
conventional products. To be certified as an Eco Options product,
suppliers must answer a series of detailed questions and provide
supporting documentation proving their products environmental
benefits.
The motor in the lawnmower product is 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: www.linamarconsumerproducts.com.
For a high resolution photo of the mower go to:
ftp.linamar.com
username: extcomm password: Ext3rnal folders: Photo of LCP
Lawnmower and Linamar Logos
Linamar Corporation
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
markets. The company's Industrial division is a world leader in the
design and production of innovative mobile industrial products,
notably its class-leading aerial work platforms. With more than
12,000 employees in 37 manufacturing locations, 5 R&D centers
and 9 sales offices in Canada, the US, Mexico, Germany, Hungary,
China, Korea and Japan Linamar generated sales of close to $2.3
Billion in 2006. For more information about Linamar Corporation and
its industry leading products and services, visit
www.linamar.com
The Home Depot
Founded in 1978, in Atlanta, Georgia, The Home Depot is the
world's largest home improvement retailer currently operating 2,227
stores, including 165 The Home Depot stores across Canada. In
fiscal 2007, The Home Depot had sales of $77.3 billion and earnings
from continuing operations of $4.2 billion. The Company employs
approximately 350,000 people, including more than 30,000
Canadians.
The Home Depot Canada's Eco Options program helps consumers
identify products that have a smaller negative impact on the
environment than conventional products. Through merchandising and
marketing Energy Star-qualified appliances, products containing
lumber harvested from forests certified under the Forestry
Stewardship Council (FSC), solar powered lighting systems and other
innovative technologies, as well as developing interactive in-store
consumer programs. The Home Depot Canada demonstrates its
leadership by making the environment a core part of the business -
from the products offered to customers to the programs
supported.
Certain information regarding Linamar set forth in this
document, including management's assessment of the Company's future
plans and operations may constitute forward-looking statements.
This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to
predict. Actual results may differ materially from these
anticipated in the forward-looking statements due to factors such
as customer demand and timing of buying decisions, product mix,
competitive products and pricing pressure. In addition,
uncertainties and difficulties in domestic and foreign financial
markets and economies could adversely affect demand from customers.
These factors, as well as general economic and political
conditions, may in turn have a material adverse effect on the
Company's financial results. The Company assumes no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those reflected in the
forward-looking statements.
Contacts: Linamar Corporation Crystal Roberts Corporate
Communications Manager (519) 836-7550 (519) 824-8479 (FAX) Website:
www.linamar.com
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