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Quarterly Dividend Increased to 6¢ per Share

Ajax: January 19, 2012

Following a review of its dividend policy, the Board of Directors of Automodular Corporation ("Automodular" or "the Company") has increased the Company's regular quarterly dividend to $0.06 per quarter from the previous rate of $0.05 per quarter, effective immediately.

The Board of Directors has declared a $0.06 regular quarterly dividend payable February 23, 2012 to shareholders of record February 9, 2012.

Automodular Corporation is a supplier of sub-assembly, sequencing and transportation services to the automotive industry - Ford's Oakville Assembly Plant - and the renewable energy industry - Vestas Nacelles A/S. The Company has three operating facilities and employs approximately 525 people.

For further information, contact:

Christopher S. Nutt
President
Automodular Corporation
(905) 619 4202
invest@automodular.com

 

Christopher S. Nutt Appointed Chief Executive Officer

Ajax: January 19, 2012

The Board of Directors of Automodular Corporation ("Automodular" or "the Company") has appointed Christopher Nutt Chief Executive Officer of the Company following the retirement of Michael Blair on December 31, 2011. Mr. Nutt will also serve on the Board of Directors effective immediately.

Automodular Corporation is a supplier of sub-assembly, sequencing and transportation services to the automotive industry - Ford's Oakville Assembly Plant - and the renewable energy industry - Vestas Nacelles A/S. The Company has three operating facilities and employs approximately 525 people.

For further information, contact:

Rae E. Wallin
Chairman of the Board of Directors
Automodular Corporation
(905) 619-4200
invest@automodular.com

 



 

 

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Quarterly Dividend Increased to 6¢ per Share
Christopher S. Nutt Appointed Chief Executive Office

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