Hayes Lemmerz Receives Rotor and Drum Contracts for Nissan Vehicles
12 February 1998
Hayes Lemmerz Receives Rotor and Drum Contracts for Nissan VehiclesROMULUS, Mich., Feb. 12 -- Hayes Lemmerz International, Inc. announced today that it has been awarded contracts from Nissan Motor Manufacturing Corporation USA to supply brake rotors for its Altima passenger car, and brake drums for its Frontier pick-up truck. The brake components are being manufactured at the Hayes Lemmerz manufacturing facility in Monterrey, Mexico. Product shipments are being supplied to Nissan's Smyrna, Tenn. assembly plant. The contract is expected to result in approximately $10 million in annual sales. "Hayes Lemmerz is enjoying a leadership position in the brake component industry due to its engineering excellence and product quality, and the confidence of automotive manufacturers like Nissan," said Ron Cucuz, president and chief executive officer. "This contract demonstrates our growth potential and validates the strategy of our brake business." Hayes Lemmerz International, with annual sales of over $1.5 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.