"EDC's participation was instrumental in establishing our new credit facility with TD. We are very pleased to further strengthen our relationship with EDC and look forward to partnering with them on future projects."
- Kent Harris, CFO Wescast
EDC established a new credit facility with the Toronto-Dominion Bank and Wescast Industries, where EDC provided $30 million in financing for Wescast, to be used for working capital requirements and general corporate purposes. Based in Brantford, Ontario, Wescast is a supplier of cast iron exhaust manifolds for original equipment manufacturers and Tier-1 customers for the car and light truck markets in North America, Europe and Asia. Wescast News Release