Hayes Lemmerz International to Consolidate Heavy-Duty Wheel Operations In Akron
14 January 1998
Hayes Lemmerz International to Consolidate Heavy-Duty Wheel Operations In AkronROMULUS, Mich., Jan. 14 -- Hayes Lemmerz International, Inc. announced today that it will expand its current heavy-duty wheel facility in Akron, Ohio, to accommodate the heavy-duty wheel operations recently acquired from Robert Bosch Corporation. The heavy-duty steel wheel business manufactures and markets tubeless and tube-type steel wheels for both medium- and heavy-duty trucks and trailers. Customers include virtually all major original equipment producers as well as major aftermarket distributors. The total wheel sales of the combined businesses in 1997 was approximately $85 million. "The decision to expand the Akron operation is the result of the combined efforts of the United Steel Workers and the city of Akron to develop a viable plan to consolidate these two businesses," said Mike McGrath, president of Hayes Lemmerz commercial highway business. "The combined operations will provide Hayes Lemmerz with much-needed capacity and additional manufacturing flexibility." Hayes Lemmerz International, with annual sales of over $1.4 billion, is the world's largest wheel manufacturer and is a world leader in the design, engineering and manufacture of steel and aluminum wheels and brake drums and rotors for the automotive and commercial highway markets in North America, Europe and Asia. SOURCE Hayes Lemmerz International, Inc.