Automodular Announces Oakville Contract Extension
Ajax - June 9, 2010
Automodular Corporation (“Automodular”) announces that it has signed a multi-year
agreement (“MYA”) with Ford Motor Company (“Ford”) for an extension of services at its Oakville operations.
Automodular sub-assembles, sequences and delivers engines, suspension and instrument panel modules for the Ford
Edge, Ford Flex, Lincoln MKX and Lincoln MKT being produced in Ford’s flexible assembly complex in Oakville,
Ontario. This MYA will end in 2012.
Automodular is a supplier of sub-assembly, sequencing and transportation services to three OEM plants in Ontario
and Ohio. The Company has four operating facilities and employs approximately 650 people.
For further information, contact:
Christopher S. Nutt
Vice President, Finance and CFO
Automodular Corporation
(905) 619 4202
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.comwww.sedar.com. Readers are cautioned not to rely on forwardlooking
statements. Except as required under continuous disclosure obligations, 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. Automodular does not provide a financial outlook.
|
