Mississauga Business times - November, 1998

CPI Plastics Now Listed On TSE

CPI Plastics Group Ltd. has become a Toronto Stock Exchange listed company as of late September of this year. That was the day a reverse takeover by CPI of Waterford Capital Management Inc. was approved.

Since then Waterford shares have been delisted and CPI has started trading under the symbol CPI.

"The combination of CPI and Waterford will provide shareholders of Waterford with growth opportunity in the plastics industry and a unique opportunity for CPI to become a listed TSE public company with a significant shareholder base," said Peter Clark, President and controlling shareholder of CPI.

The company will be releasing its first public quarterly report in early November.

CPI designs, engineers and manufactures thermoplastic extrusions such as decorative trim and functional parts for a variety of industries including automotive OEM (Original Equipment Manufacturers) and appliance manufacturers.

They have three plants in Mississauga (including their head office at 979 Gana Court), one plant in Bolton, and one plant in Elkhart, Indiana.

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