Bloomberg News

Linamar Faces EU Probe Into German Aid for Car-Parts Factory

November 09, 2011

Nov. 9 (Bloomberg) -- Linamar Corp. faces a European Union investigation into 26.65 million euros ($36.5 million) of German government aid to help it build a new car-parts factory.

The European Commission said in an e-mailed statement today it would examine whether the Guelph, Ontario-based auto-parts maker needed the government grant and tax breaks to make the investment in the new facility, which is to manufacture engine and transmission parts in Crimmitschau, Germany.

--Editor: Christopher Scinta

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net

To contact the editor responsible for this story: Christopher Scinta at cscinta@bloomberg.net


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