Frank Hasenfratz is a Hungarian refugee who was born in 1935 in Guelph, Canada. He fled his native country after the Soviet Union invaded in 1956 and attended trade and engineering schools while working as a toolmaker. In 1966, he founded Canadian auto parts manufacturer Linamar in his basement, naming it after his two daughters, Linda and Nancy, and wife, Margaret. Today, Linamar is one of Canada's largest auto parts makers, employing 19,000 people across 45 plants. Hasenfratz remains its chairman while his daughter Linda runs the Ontario-based company.
Frank Hasenfratz is a member of Automotive
Frank Hasenfratz, a prominent figure in the automotive industry in Canada, is estimated to have a net worth of $1.14 billion in 2024. As an influential entrepreneur and businessman, Hasenfratz has made significant contributions to the growth and success of the Canadian automotive sector. With extensive knowledge and experience, he has played a pivotal role in the transformation and expansion of his company, contributing to his immense wealth. Recognized for his exceptional business acumen, Frank Hasenfratz continues to be a leading figure in the automotive industry in Canada.
Some Frank Hasenfratz images
Biography/Timeline
1935
Born in 1935 in Szár, Hungary. He left Hungary in May 1957 and arrived in Quebec City after the failed Hungarian Revolution of 1956.
1964
He started a one-man machine shop in his basement in 1964, and then incorporated in 1966 under the name Linamar after his two daughters Linda (current Linamar CEO), Nancy and his wife Margaret.