Hayes Lemmerz to shut aluminum wheel plant

By Tom Stundza -- Purchasing, 5/14/2008 9:46:00 AM

Hayes Lemmerz International will close its aluminum wheel facility in Gainesville, Ga., by the end of December. The Michigan company says in an aftermarketNews.com report that shutting the plant is the result of global overcapacity in the light vehicle aluminum wheel market and increasing aluminum wheel imports into North America from low cost countries. The Gainesville facility has been making aluminum wheels since July 1994. Some of the production at the Gainesville facility will be moved to Hayes Lemmerz' aluminum wheel facility in Mexico. “The phase-out is a difficult but necessary step in our overall plan to provide our customers the highest quality products at competitive prices and to improve profitability,” says CEO Curtis Clawson in a statement.

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