Brantford, Ontario, June 2, 2009 Wescast Industries Inc. (“Wescast†– TSX: WCS.A) announced today that it has recently been awarded new business worth approximately $80 million in annualized revenues. The new business includes contracts with major European and Japanese turbocharger manufacturers, new business to support Wescast’s emerging stainless steel market segment, as well as incremental and replacement business globally to solidify Wescast’s position as the leading cast exhaust manifold supplier in the world. “These new business awards are a testament to our strategy to grow in new markets, both geographically and in new products and materials,†said Ed Frackowiak, Wescast Chairman and CEO. “Our global footprint and ability to provide innovative solutions have allowed us to capitalize on new market opportunities, even in historically challenging times in the automotive industry. Wescast is well positioned for balanced growth as it continues to diversify its customer and product base.â€
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