Accuride Corporation Announces Supply Agreement; International Truck and Engine Corporation Awards Fabco Contract
EVANSVILLE, Ind.--June 2, 2006--Accuride Corporation today announced that International Truck and Engine Corporation has awarded Accuride's Fabco division a supply agreement to provide front drive axles and transfer cases for its 4200 4x4 program. The newly developed front steer drive axle, model FSD, is available from 8,000 to 10,000-lb in the 4200 4x4 vehicle. The FSD series axle has a nominal weight rating range from 8,000 to 14,600-lb."The new axle is a clean sheet design that offers a durable, lightweight axle with improved ground clearance and a 450 pound weight savings over competing products," said Al Sunderland, Fabco's President. "Furthermore, the modular housing construction permits configuration revisions to suit specific customer requirements."
Fabco's primary focus is the commercial vehicle industry. Since 1918, Fabco has formed a reputation based upon innovative engineering, sophisticated manufacturing, and responsive customer support. Today, Fabco continues to build on its heritage as a UL Certified QS9000 Tier 1 commercial vehicle industry supplier with a broad range of steer drive axles, transfer cases, split shaft power take offers, and other industry leading specialty products. With headquarters in Livermore, California, Fabco is an Accuride company.
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.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for Accuride Corporation: All comments relating to any future period are forward-looking statements, subject to uncertainties and risk that could cause actual results to vary materially from what is suggested here. These statements are subject to risks and uncertainties, including without limitation, the general market conditions, the specific market for Company common stock, the performance of the Company's business and other risks detailed from time-to-time in Accuride's filings and reports with the Securities and Exchange Commission.