Accuride Announces Appointments
EVANSVILLE, Ind.--Aug. 1, 20050, 2005--Accuride CorporationNida Appointed Senior Vice President / Operations - Steel and Aluminum Wheels, Gunite Corporation and Brillion Iron Works Kessler Appointed Corporate Vice President / Forward Process Engineering and Quality Systems
Accuride Corporation announced today that it has appointed Robert (Bob) Nida to Senior Vice President / Operations for Steel and Aluminum Wheels, Gunite Corporation and Brillion Iron Works. The Company also appointed Craig Kessler to serve as Accuride's Corporate Vice President / Forward Process Engineering and Quality Systems.
"These appointments are in direct support of our on-going business unit integration and optimization efforts," explained Terry Keating, Accuride's President and CEO. "In their previous roles, both Bob and Craig were instrumental in driving manufacturing excellence, continual improvement and technology advancements in their assigned businesses. We look for them to achieve similar successes in their new roles."
Since joining Accuride in 1997, Nida has led various functions including Continuous Improvement, Technology, and Steel Wheel Manufacturing. Nida also led the successful integration of Accuride's facility in Monterrey, Mexico.
Kessler joined the Company in 1985 and has served in various engineering capacities, led facility start-up efforts, and served as Vice President of Aluminum Wheel Operations.
Accuride Corporation is one of the largest and most diversified manufacturers and suppliers of commercial vehicle components in North America. Accuride's products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, seating assemblies and other commercial vehicle components. Accuride's products are marketed under its brand names, which include Accuride, Gunite, Imperial, Bostrom, Fabco and Brillion. For more information, visit Accuride's website at http://www.accuridecorp.com.
Statements contained in this news release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, beliefs and intentions on strategies regarding the future and statements related to the effect of the TTI acquisition on Accuride's future results. It is important to note that the Company's actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including but not limited to, the ability to successfully integrate the above described acquisition, market demand in the commercial vehicle industry, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. Accuride assumes no obligation to update the information included in this release.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the new notes. The new notes have not been registered under the Securities Act of 1933, as amended, or applicable state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.