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Wescast Recognized As One Of The Best Companies To Work For In Canada

1 February 2000

Wescast Is Recognized As One Of The Best Companies To Work For In Canada

    BRANTFORD, Ontario--Jan. 31, 2000--Wescast Industries Inc. is proud to announce it has been ranked 8th in the "35 Best Companies to Work for in Canada" by a Globe and Mail survey released Friday, January 28.
    Wescast attributes its success to a philosophy of managing people, adopted in the late 1980's, built around the "Scanlon" system of participative management. Unlike most participative management systems, the Scanlon system is not just about financial reward. In addition to monthly gain sharing and annual profit sharing, the use of cross-functional teams, participation in making suggestions, continuous training, timely communication and education of current business issues, all contribute to employee satisfaction at Wescast.
    "We are very excited by these results and proud to be considered among this group of first class companies," says Ray Finnie CEO. "Wescast is a company that really recognizes the value of its people and the contribution they make to our continued success. We would like to thank all our employees for their contribution to making Wescast the Employer of Choice."
    Wescast Industries Inc. is the world's largest supplier of cast exhaust manifolds for passenger cars and light trucks. The Company designs, develops, manufactures, and machines high-quality iron and steel exhaust manifolds for automotive OEMs. In addition to auto parts, the Company produces pressure retaining high-alloy cast steel pump components for the petrochemical, pulp and paper and food processing industries. Wescast operates seven production facilities in North America, and three sales and design offices in North America and Europe. The Company is recognized worldwide for its quality products, innovative design solutions, and highly committed workforce.