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Wescast Industries Inc.

 
Hoover's Profile: Wescast Industries Inc.
(Pink Sheets:WCSTF) (Toronto:WCS.SV.A)
Contact Information
Wescast Industries Inc.
150 Savannah Oaks Dr.
Brantford, Ontario N3T 5L8, Canada
Tel. 519-750-0000
Fax 519-720-1628

Type: Public
On the web: http://www.wescast.com
Employees: 2,500
Employee growth: 33.4%

Wescast Industries' business is exhausting. Wescast is a leading manufacturer of auto exhaust manifolds for passenger cars and light trucks. Wescast offers design, prototyping, manufacturing, and testing services to OEMs such as Ford, GM, and Chrysler. The company's products include catalytic converter containers, exhaust and turbo manifolds, and turbine housings. Wescast has bought out its partner Linamar Corporation's 50% stake in Hungarian joint venture Weslin Industries (now Wescast Hungary, exhaust manifolds and turbo charger housings). Wescast Hungary is the foundation for the company's low-cost manufacturing strategy in Europe.

Key numbers for fiscal year ending December, 2008:
Sales: $247.0M
One year growth: (36.9%)
Net income: ($90.6)M

Officers:
Chairman and CEO: Edward G. (Ed) Frackowiak
COO and Director: Richard E. (Rick) Legate
VP Sales and Innovation: James A. (Jay) McNaughton

Competitors:
ArvinMeritor
Faurecia Exhaust Systems
Tenneco

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