Wescast closing Brantford plant, renames Hungarian operation.To enhance its competitiveness in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. automotive market, Wescast Industries Inc., Brantford, Ontario Brantford is a city located on the Grand River in southwestern Ontario, Canada. This single-tier municipality was once part of Brant County. , Canada, will phase out its Brantford metalcasting plant this year. "After an extensive review of our Ontario manufacturing capabilities, we have determined that this was the most effective course of action to better align our available capacity and make our overall cost structure more competitive, said Ed Frackowiak, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The closure of the plant, which employs 340 workers, is expected to reduce fixed costs fixed costs, n.pl the costs that do not change to meet fluctuations in enrollment or in use of services (e.g., salaries, rent, business license fees, and depreciation). in 2006 by $25 million. Wescast also announced that it has renamed its operation in Oroszlany, Hungary, to Westcast Hungary Autoipari Rt. (Wescast Hungary). |
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