The automotive industry functions as a complex, cross-border ecosystem, which supports nearly one million jobs in the United States and is a critical contributor to economic output.
While Martinrea recognizes the intricacies of global trade policy, we are concerned about the potential impact recent measures may have on the highly integrated North American automotive supply chain, a system that has long supported innovation, economic growth and job creation across the region.
Martinrea has a long-standing history of resilience, navigating global disruptions, from the 2008 financial crisis to the COVID-19 pandemic and ongoing supply chain shifts. Over the past two decades, Martinrea has grown from a single location into a $5 billion company with more than 50 locations worldwide. Our growth and resilience are made possible by our people, our customers and a strong commitment to North American integration.
While tariffs can present near-term challenges, they also provide an opportunity to reaffirm the importance of North American manufacturing and integrated supply chains, particularly in the automotive industry. We believe strongly in free and fair trade and will continue to advocate for a modernized USMCA benefiting all parties.
We encourage U.S. policymakers to engage with industry leaders to find a collaborative strategy for North American automotive. Strengthening, not straining, regional trade relationships is vital to maintaining North America’s competitive advantage, reducing dependency on global disruptions and continuing the momentum of nearshoring critical production.
As always, Martinrea remains committed to supporting our people, our customers and our communities. We will continue to advocate for balanced, strategic trade policies that protect jobs, foster innovation and ensure a resilient and prosperous future for North American manufacturing.