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We anticipate strong growth for at least the next few years as the North American Original Equipment Manufacturers ("OEMs") streamline their operations and outsource the sub-assembly of components.
There is plenty in the pipeline with new technologies, new models and pressure to improve the performance of vehicles and reduce their emissions. We will bid on new business only when we can be sure that we have the personnel and resources to deliver.
When there is substantive news we issue press releases, which you can find here or on SEDAR.
Latest Headline
Automodular Revises 2008 Earnings Estimates
Toronto - September 4, 2008
As a result of the cancellation of the planned third shift of production in its Oakville
operations coupled with additional fourth quarter downtime announced across its Ontario
operations, Automodular Corporation currently projects 2008 earnings to be between $5
million and $6 million.
Automodular Corporation is a supplier of sub-assembly, sequencing, transportation and
logistics services to five OEM plants in Ontario and Ohio. The Company has six
operating facilities and employs over 900 people.
For further information, contact:
Christopher S. Nutt
Vice President, Finance
Automodular Corporation
(416) 861-0662 x 223
invest@automodular.com
This press release contains forward-looking statements that involve a number of risks and
uncertainties. Among the important factors that could cause actual results to differ materially
from those indicated by such forward-looking statements are market and general economic
conditions and the risk factors detailed from time to time in the Company's periodic reports filed
with the Canadian securities regulatory authorities and on SEDAR at www.sedar.com. The
Company undertakes no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
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