Wescast Industries Inc. (NASDAQ:WCST.TSE:WCS.A.) was honoured with two Gold Awards from DaimlerChrysler for outstanding performance at two of its manufacturing facilities in Wingham, Ontario.

The gold awards were achieved for exceeding pre-determined quality and delivery targets established by DaimlerChrysler earlier in the year. Wescast received two of the five gold awards presented in the Casting & Forging areas for 1999.

“This is a very exciting accomplishment as it is the first time we have received a DaimlerChrysler Gold Award,” commented Ray Finnie, Wescast Chief Executive Officer. “All of Wescast is to be congratulated on being acknowledged by DaimlerChrysler and I wish to thank our employees for their efforts in achieving this significant accomplishment.”

Wescast Industries Inc. is the world’s largest supplier of exhaust manifolds for passenger cars and light trucks. The Company designs, develops, casts, 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.