Car companies are reshoring their supply chains from Europe or Asia to North America, and are “more than happy to put it in any country” on the continent, said Linda Hasenfratz, executive chair of Guelph, Ont.-based Linamar. “That’s a clear message that we will retain tariff-free status for auto parts.” She was speaking Monday at a technology conference organized by the University of Waterloo. (The Logic)

Talking point: Faced with the Trump administration’s auto tariffs, GM and Stellantis have stopped producing some vehicles in Canada, or moved manufacturing to the U.S. But Hasenfratz said Linamar is still selling large car companies on plants in Canada and Mexico, as well as the U.S. And she said tariffs have also created acquisition opportunities in the U.S., because they’re hitting already-struggling firms hard. “There’s nowhere tougher to manufacture right now than the U.S.,” she said. Last month, Linamar bought part of Aludyne, a Southfield, Mich.-based supplier, in a US$300-million deal.