Hayes Lemmerz International Receives Contract from BMW
6 August 1998
Hayes Lemmerz International Receives Contract from BMW for Cast Alloy Wheels for the 1998 E46 PlatformROMULUS, Mich., Aug. 6 -- Hayes Lemmerz International, Inc. , the world's leading supplier of wheel and brake components to the transportation industry, announced today that its European Aluminum Wheels division has received a contract from BMW for cast alloy wheels for BMW's new 3 series vehicle platform. The contract is estimated to be worth more than $6 million per year. The wheels will be produced at the company's plants in Dello, Italy and Hoboken, Belgium. "This contract represents the latest milestone in our ongoing relationship with BMW, which continues strong today," said Giancarlo Dallera, president of European Aluminum Wheels. "We value this relationship with BMW as a key supplier of aluminum wheels to BMW worldwide." Hayes Lemmerz International, Inc., with annual sales of over $1.7 billion, 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. Hayes Lemmerz has more than 8,500 employees and 25 manufacturing facilities in 9 countries worldwide.