Hayes Lemmerz Receives FFC(TM) Aluminum Wheel Contract For Jeep Grand Cherokee
18 February 1998
Hayes Lemmerz Receives FFC(TM) Aluminum Wheel Contract For Jeep Grand CherokeeROMULUS, Mich., Feb. 18 -- Hayes Lemmerz International, Inc. , announced today that it has received a contract from Chrysler Corporation to supply two aluminum wheels for the 1999 Jeep Grand Cherokee sport utility vehicle. Hayes will produce both wheels utilizing its patented Full-Face Cast (FFC(TM)) technology at the company's manufacturing facility in Gainesville, Ga. The contract is expected to result in annual sales of over $25 million. "Hayes continues to be the industry leader in developing innovative new products," said Ron Cucuz, president and chief executive officer. "This contract is another example of the advantage we have in being a full-line supplier. This is our second high volume contract for the FFC(TM) and further demonstrates the acceptance of this innovative product." 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.