Accuride Reaches Agreement to Acquire Wheel-End Supplier KIC
Commercial vehicle supplier Accuride Corp. has reached an agreement to acquire KIC, a supplier of wheel-end components, and certain of its affiliated entities.
April 26, 2017Accuride Introduces Lighter Steel and Aluminum Wheels
Accuride Corp. announced new steel and aluminum wheels that it said offered weight-saving benefits, including the industry’s first 65-pound steel wheel and 40-pound aluminum alloy wheel for commercial vehicles.
January 23, 2017Accuride Shareholders Approve Merger With Crestview Partners
Commercial wheel and wheel-end supplier Accuride Corp. reported that its shareholders approved the proposed merger with Crestview Partners, a New York-based private equity firm.
November 15, 2016Accuride Corp. Enters Into Agreement to Be Acquired by Crestview Partners
Heavy-duty supplier Accuride Corp. said it has entered into a definitive agreement to be acquired by funds managed by Crestview Partners, a leading New York-based private equity firm, for $2.58 per share in cash.
September 2, 2016Accuride Reports Profitable Second Quarter, Six-Month Loss
Commercial vehicle components supplier Accuride Corp. reported a profitable second quarter but still posted a net loss for the six-month period due to headwinds in key markets.
July 26, 2016Accuride Launches Video Series Covering Wheels, Brakes
Commercial vehicle supplier Accuride Corp. announced June 7 that it had launched a new series of how-to videos to help fleet maintenance technicians properly install and service its steel and aluminum wheels and Gunite-brand brake drums and automatic slack adjusters.
June 7, 2016Accuride Wins DTNA Contract for Flywheels
Commercial vehicle component supplier Accuride Corp. said its Brillion Iron Works business unit won a long-term contract to supply the flywheel used with the Detroit DT12 automated manual transmission.
May 16, 2016Accuride’s Share Price Falls Below Listing Standard, NYSE Tells Supplier
Accuride Corp. has been notified by the New York Stock Exchange that it was not in compliance with NYSE’s continued listing standard, according to the commercial component supplier.
February 22, 2016Accuride’s New Steel Wheel Has Corrosion Warranty; Lighter Weight Brake Drums in Development
Heavy-duty supplier Accuride Corp. introduced EverSteel, a new steel wheel that uses a four-phase coating technology and comes with a five-year warranty against corrosion, both industry firsts, the company said.
January 26, 2016Accuride Promotes, Hires Top Executives to Focus on Global Growth
Component supplier Accuride Corp. announced three top executive appointments to support its planned expansion as a supplier of wheel-end products to the global commercial vehicle industry.
November 17, 2015