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Strathroy Wescast To Close Says MPP

On January 7, McNaughton received a letter from Wescast CEO Ed Frackowiak, which says the company is “deeply worried” about the future price of electricity in Ontario. ”If electricity rates do not become more affordable, Ontario risks losing important investments from companies like Wescast,” says Frackowiak in the letter.

According to the office of Lambton-Kent-Middlesex MPP Monte McNaughton, the Wescast Industries plant in Strathroy will be shutting its doors this July.

In a letter sent from the MPP to Premier Kathleen Wynne, McNaughton says he received word this morning that 60-100 manufacturing jobs will be lost with the closure of the plant. The Wescast plants make iron and steel cast parts for the automotive industry.

On January 7, McNaughton received a letter from Wescast CEO Ed Frackowiak, which says the company is “deeply worried” about the future price of electricity in Ontario. ”If electricity rates do not become more affordable, Ontario risks losing important investments from companies like Wescast,” says Frackowiak in the letter.

However, the exact reason is unknown at this time why Wescast has chosen to close its Strathroy location.

Wescast Industries could not be reached for comment Wednesday evening.


Source: http://blackburnnews.com/ch...

JAN 23 2014
http://www.windaction.org/posts/39597-strathroy-wescast-to-close-says-mpp
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