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2023-03-06 18:07:21

Martinrea International Inc. Publishes 2022 Sustainability Report

Martinrea International Inc. Publishes 2022 Sustainability Report

VAUGHAN, Ontario, March 06, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development, and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announced the release of its 2022 Sustainability Report on March 2. This report showcases Martinrea's performance on Environmental, Social, and Governance (ESG), ongoing initiatives, and goals for the future. "As a Company, our people recognize the need to adapt in an ever-evolving world and are committed to creating a stronger and better future aligned with our objectives," said Pat D'Eramo, President and CEO. "By utilizing our expertise in product development, we aim to grow our business in a sustainable manner and remain ahead of market changes." "Our goal as a Company is to improve people's lives; this is shown through our dedication to 'Making People's Lives Better,' as emphasized in our 2022 Sustainability Report," said Rob Wildeboer, Executive Chairman. "Our people are vital in ensuring the Company's sustainability initiatives are implemented throughout our business." The 2022 Sustainability Report highlights various achievements and accomplishments, including: To view or download Martinrea's 2022 Sustainability Report, visit: www.martinrea.com/sustainability/ About Martinrea International Inc. Martinrea International Inc. (TSX: MRE) is a leader in the development and production of quality metal parts, assemblies and modules, fluid management systems, and complex aluminum products focused primarily on the automotive sector. Martinrea operates in 58 locations in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa and Japan. Martinrea's vision is making lives better by being the best supplier we can be in the products we make and the services we provide. For more information on Martinrea, please visit www.martinrea.com. Follow Martinrea on Twitter and Facebook. Cautionary Statement on Forward-Looking Information: This News Release and the documents incorporated by reference therein may contain forward-looking statements within the meaning of applicable Canadian securities laws. The words "continue", "expect", "anticipate", "estimate", "may", "will", "should", "views", "intend", "believe", "plan" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate in the circumstances, such as expected sales and industry production estimates, current foreign exchange rates, timing of product launches and operational improvement during the period, and current Board approved budgets. Many factors could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the following factors, some of which are discussed in detail in the Company's most recent Annual Information Form and MD&A and other public filings which can be found at www.sedar.com.

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