Hayes Lemmerz Receives New Contract from DaimlerChrysler
6 May 1999
Hayes Lemmerz International Rolls into New Century with Contract from DaimlerChryslerROMULUS, Mich., May 6 -- Hayes Lemmerz International , the world's largest supplier of wheels as well as brake and suspension components to the transportation industry, announced today that it has received a contract worth over $2 million from DaimlerChrysler to produce fabricated steel wheels. The wheels will be made for the successor to the C-Class mid sized sedan that is expected to begin production in May 2000. The wheels will be shipped to DaimlerChrysler's plants in Bremen and Sindelfingen, Germany. The wheels are expected to be made at the Hayes Lemmerz facility in Konigswinter, Germany, the headquarters of Hayes Lemmerz's European Fabricated Wheels division. The facility makes fabricated steel wheels for passenger cars, vans, recreational vehicles, passenger car trailers, light and heavy trucks, and trailers. "We are proud to be a member of the DaimlerChrysler team and look forward to building the wheels for this next generation vehicle," said Klaus Unger, President of the European Fabricated Wheels division. "We look forward to making these wheels and millions of others for DaimlerChrysler as we venture into the new millennium." Hayes Lemmerz International, Inc. , with the completion of its acquisition of CMI International, is one of the world's leading global suppliers of automotive and commercial highway wheels, brakes, suspension, structural and other light weight components. Together, the company has pro forma sales of close to $2.5 billion with 40 plants, 11 joint ventures and over 15,000 employees worldwide.. For more information about Hayes Lemmerz International, please be sure to visit the web site at http://www.hayes-lemmerz.com. CONTACT: William Shovers of Hayes Lemmerz International, Inc., 734-942-4187; or Peter Collins of Rubenstein Associates, Inc., 212-843-8050, for Hayes Lemmerz