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Martinrea misses expectations despite earning a record $36.4 million Q3

November 8, 2018 10:57 PM
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Executive chairman Rob Wildeboer said the company is pleased with the USMCA trade agreement involving Canada, the U.S. and Mexico, especially the automotive provisions that will support a continued strong North American automotive industry and supply base.

“We were very well-positioned to benefit from NAFTA, and we remain very well-positioned to benefit from the USMCA,” he said in a news release.

“We are also supportive of the eventual removal of the steel and aluminum tariffs imposed by the three member countries of the USMCA on each other, which are hurting some of our customers and suppliers, and which have a relatively modest impact on our profitability, and we will continue to advocate accordingly.”

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Source: thestar.com

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