Wescast Industries Inc will further expand the capacity of its stainless steel facility in Stratford, Ontario to more than double its previous commitment. The additional capital investment coincides with a number of production orders recently received for engine components that use the innovative manufacturing technology employed at that facility. The investment will be financed via operating cash flows. This investment further strengthens the company’s strategy to provide customers with solutions in multiple alloys in all geographic regions. The necessary work will commence shortly in order to meet production requirements that will begin in early 2012.
