Wescast is Awarded Two New General Motors Contracts
BRANTFORD, Ontario--May 9, 2005--Wescast Industries Inc. ("Wescast") (TSX:WCS.SV.A) announced today it has secured new contracts to supply cast and machined iron exhaust manifolds for two future General Motors programs."We are very pleased to have been awarded these two new programs with General Motors," says Wescast Industries Inc. Chairman and CEO Ed Frackowiak. "Our ability to win new exhaust manifold contracts with a major North American OEM highlights the value of our renewed Powertrain-focused business strategy."
Beginning in the 2007 model year, Wescast will supply General Motors with fully machined V6 exhaust manifolds for several vehicles, including the Saturn Aura. Wescast will continue to work very closely with GM to ensure it supports the OEM in the successful launch of their new powertrains and vehicles.
About Wescast
Wescast Industries Inc. is the world's largest supplier of exhaust manifolds for passenger cars and light trucks. The Company designs, casts, machines and assembles high-quality iron exhaust manifolds, turbo charger housings and integrated turbo manifolds for automotive OEMs. The Company's global sales and design activities are co-ordinated through its technical development centre in Canada and supported by sales and design centres in the United States, Japan and Europe. The Company operates seven production facilities in North America and Europe, including a 49% interest in United Machining Inc., an accredited Minority supplier in Michigan. The Company is recognized worldwide for its quality products, innovative design solutions and highly committed workforce.