Maxion Wheels Is Awarded Patent For Multi-Clad
NORTHVILLE, Mich., May 9, 2012 /PRNewswire/ -- Maxion Wheels ("Maxion" or the "Company") announced today...

NORTHVILLE, Mich., Dec. 13, 2011 – Hayes Lemmerz International, Inc. (“Hayes Lemmerz”) is the recipient of Wabash National’s 2011 Supply Chain Leadership and Performance Pinnacle Supplier Award....

NORTHVILLE, Mich., January 24, 2011 –Hayes Lemmerz International, Inc. ("Hayes Lemmerz") today announced that Hayes Lemmerz powder-coated, lightweight steel wheels will be standard on Wabash National trailers...

NORTHVILLE, Mich., September 22, 2010 -- Hayes Lemmerz International, Inc. announced today that it will inaugurate a new passenger car steel wheel facility in November. The facility, located in Pune, India, is the first Hayes Lemmerz passenger car steel wheel facility in Asia. Initial capacity for the facility, which will be officially opened on November 23, is two million wheels, to be expanded to 4 million wheels soon...

NORTHVILLE, Mich., Jan. 14 -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it will close its Barcelona, Spain cast aluminum manufacturing facility. The plant closing is part of the Company’s ongoing plan to align its capacity with market conditions and eliminate costs...

NORTHVILLE, Mich., Nov. 3 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that the United States Bankruptcy Court for the District of Delaware (the "Court") has confirmed a plan of reorganization for the Company and substantially all of its U.S. subsidiaries that will significantly improve the Company's balance sheet and reduce its leverage. The Company's total consolidated prepetition funded indebtedness of approximately $720 million is expected to be reduced to approximately $240 million upon emergence from Chapter 11...

NORTHVILLE, Mich., Sept. 2 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (the "Company")announced today that the Company has reached an agreement among its DIP lenders, pre-petition secured lenders and the Official Committee of Unsecured Creditors (the "Creditors' Committee") on the terms of a plan of reorganization. The Company also announced that on September 2, 2009, the Bankruptcy Court for the District of Delaware approved the Company's disclosure statement with respect to the first amended plan of reorganization (the "Plan") incorporating the terms of the agreement among these parties. The approval of the disclosure statement allows the Company to move forward in soliciting acceptances of the Plan from its prepetition secured lenders and other creditors. The hearing to confirm the Plan has been scheduled for October 15, 2009,...

NORTHVILLE, Mich., June 19, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that its subsidiary, Hayes Lemmerz Werke GmbH, which operates the Company's Konigswinter, Germany facility, has received a certificate of achievement from DAF Trucks N.V. and Leyland Trucks,...

NORTHVILLE, Mich., June 5, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it has received several new business awards from both existing and new customers. The Company's Saraburi, Thailand plant will produce 16" alloy wheels for the Toyota Scion. This new awa...

NORTHVILLE, Mich., May 14, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it has received Court approval of up to $100 million of debtor-in-possession ("DIP") financing, permitting it immediate access to up to $30 million to continue operations in the ordinary...

NORTHVILLE, Mich., May 8, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes") (Nasdaq: HAYZ) announced today that on May 4, 2009, it received a letter from the NASDAQ Stock Market ("Nasdaq") notifying Hayes that it was no longer in compliance with the rules for continued listing according to Listing Ru...

NORTHVILLE, Mich., Dec. 4 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced that its sales for the third fiscal quarter of 2008 were $497.0 million, down 10% from $554.9 million a year earlier. The Company reported sales of $1.634 billion for the nine months ended October 31, 2008, up slightly from $1.5...

NORTHVILLE, Mich., Nov. 10 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced that it will host a telephone conference call to discuss the Company's fiscal year 2008 third quarter financial results on Wednesday, December 10, 2008, at 10:00 a.m. (ET). To participate by phone, please dial 10 minutes ...

NORTHVILLE, Mich., Sept 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced that it is increasing its fiscal 2008 Adjusted EBITDA guidance as it reported substantially improved Adjusted EBITDA, core operating earnings and liquidity for the second fiscal quarter ended July 3...

NORTHVILLE, Mich., July 31, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced that it will host a telephone conference call to discuss the Company's fiscal year 2008 second quarter financial results on Thursday, September 4, 2008, at 10:00 a.m. (ET). To participate by phone, ple...

SCHILTACH, Germany, June 16 /PRNewswire-FirstCall/ -- BBS International GmbH ('BBS'), German world-leading firm in the development and production of lightweight wheels for sports and passenger cars in the premium segment and a subsidiary of Punch International nv ('Punch'), a diversified industrial holding company with its head office in Sint-M...

NORTHVILLE, Mich., May 14 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced that James A. Yost, its Executive Vice President and Chief Financial Officer, will be resigning to accept a similar position at Dana Holding Corporation. Mr. Yost has been with the Company since 2002. "It has been a ...

NORTHVILLE, Mich., May 12 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced today that it will close its aluminum wheel facility in Gainesville, Georgia by the end of December 2008. The closure is the result of global overcapacity in the light vehicle aluminum wheel market and increasing aluminum wheel imports...

NORTHVILLE, Mich., May 2 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced that it has recently earned Ford Motor Company's Silver World Excellence Award for exemplary performance during 2007 as a supplier of automotive wheels. Ford's World Excellence Award specifically recognized Hayes Lemme...

NORTHVILLE, Mich., March 17 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced today that it will participate in the Morgan Stanley Global Automotive Conference at the Crowne Plaza Times Square Manhattan in New York, N.Y., on Wednesday, March 19, 2008, beginning at 1:15 p.m., ET. President, Chief Executive Off...

NORTHVILLE, Mich., Jan. 16 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) will participate in the 2008 Auto Analysts of New York Conference, in Dearborn, Michigan, on Wednesday, January 16, 2008. The conference is being hosted by Credit Suisse in conjunction with the North American International Auto Show (NAIAS). H...

NORTHVILLE, Mich., Nov. 12 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced today that the date of its fiscal year 2007 third quarter earnings conference call originally scheduled on Friday, December 7, 2007 has been moved to Monday, December 10, 2007, at 10:00 a.m. (Eastern Standard Time). T...

NORTHVILLE, Mich., Nov. 9 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) and Brembo S.p.A. (Italian Stock Exchange: BRE) today announced the sale of Hayes Lemmerz' Automotive Brake Components division to Brembo North America, Inc. Hayes Lemmerz' Automotive Brake Components division includes production ...

NORTHVILLE, Mich., Oct. 10 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced the appointment of Eric A. Moraw to the position of Corporate Treasurer, reporting to James A. Yost, Executive Vice President and Chief Financial Officer. Mr. Moraw most recently served as Vice President of Planning for ...

NORTHVILLE, Mich., Aug 20, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced that James A. Yost has been promoted to the new position of Executive Vice President and Chief Financial Officer. Mr. Yost previously served the Company as Vice President, Finance and Chief Financial O...

NORTHVILLE, Mich., Aug. 6 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced that it will host a telephone conference call to discuss the Company's fiscal year 2007 second quarter financial results on Thursday, September 6, 2007, at 10:00 a.m. (ET). To participate by phone, please dial 10 minut...

NORTHVILLE, Mich., July 5 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced the sale of Hayes Lemmerz International - Wabash, Inc., a wholly-owned subsidiary that operates its Wabash, Indiana facility, to Harvey Industries LLC, a privately held company based in Michigan. Under the agre...

NORTHVILLE, Mich., June 7, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today reported that sales for the fiscal first quarter ended April 30, 2007 were $561.0 million, up 11.4% from $503.5 million in the year earlier quarter. The sales increase came from strong international stee...

NORTHVILLE, Mich., May 30 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced that it has closed on the following recapitalization transactions: -- Equity rights offering of $180 million and direct investment by Deutsche Bank Securities, Inc. of $13.1 million; -- Senior secured c...

NORTHVILLE, Mich., May 21 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (the "Company," Nasdaq: HAYZ) announced today the pricing terms of the previously announced cash tender offer and consent solicitation of its indirect subsidiary, HLI Operating Company, Inc. ("HLI") for any and all of the outstanding 10-1/2% Senior Notes Du...

NORTHVILLE, Mich., May 15 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced estimated results for the fiscal year 2007 first quarter and issued updated guidance for the full fiscal year of 2007. The estimated results are unaudited, have not been reviewed by the Company's independent auditors, and are ...

NORTHVILLE, Mich., May 9 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (the "Company," Nasdaq: HAYZ) announced today that on May 8, 2007, its indirect subsidiary, HLI Operating Company, Inc. ("HLI"), commenced a cash tender offer to repurchase all of its outstanding 10 1/2% Senior Notes Due 2010 (CUSIP No. 404216AB9) (the "Note...

NORTHVILLE, Mich., April 27 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced today that it has launched the syndication of the previously announced new senior secured credit facilities in an amount of up to $495 million. Bank meetings are scheduled to be held on Wednesday, May 2, 2007, in Londo...

NORTHVILLE, Mich., April 23 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced today the distribution of rights in its previously announced $180 million rights offering (the "Rights Offering") and the execution of a commitment letter for a new $495 million senior secured credit facility. The Comp...

NORTHVILLE, Mich., April 16 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced today that the Company has entered into an Amended and Restated Equity Purchase and Commitment Agreement (the "Restated Equity Agreement") with Deutsche Bank Securities, Inc. ("Deutsche Bank") related to Deutsche Bank's commitment to...

NORTHVILLE, Mich., April 4 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today reported financial results for its fiscal year ended January 31, 2007. The results were in line with preliminary results announced on March 16, 2007 and with guidance the Company provided to investors in December 2006. For...

NORTHVILLE, Mich., March 16 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced preliminary results for the full fiscal year 2006 and provided earnings guidance for the full fiscal year of 2007. The preliminary results are unaudited and are subject to adjustment during the course of the Company's audit...

NORTHVILLE, Mich., March 6 /PRNewswire-FirstCall/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) announced that it will host a telephone conference call to discuss the Company's fiscal year 2006 financial results on Wednesday, April 4, 2007, at 10:00 a.m. (ET). To participate by phone, please dial 10 minutes prior to the ca...

NORTHVILLE, Mich., Feb 15, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) today announced that it has completed the sale of its suspension facilities located in Bristol, Indiana and Montague, Michigan to Diversified Machine, Inc., which was previously announced on February 2, 2007. ...