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Accuride Corp. has completed the sale of substantially all of the assets of its Imperial Group business to Imperial Group Manufacturing Inc., a new company formed and capitalized by Wynnchurch Capital for total cash consideration of $30 million at closing, plus a contingent earn-out totaling up to $2.25 million.
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Accuride's new Gunute Silver Lightweight Brake Drum offers an affordable alternative to lightweight “steel shell” drums with improved performance, according to the company.
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Accuride Corp. announced it is investing $5.8 million to expand its powder coating capacity with the installation of a new coating line at its steel wheel production facility in Henderson, Ky.
Read More →Vipar Heavy Duty and Accuride announced a new three year agreement where Vipar HD will offer Accuride Wheels, Gunite wheel-end components and Imperial Group products.
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LAS VEGAS -- When Rick Dauch arrived as the president and CEO of a struggling Accuride in February 2011, the latest in a string of top executives, he was able to convince the board that they needed to make serious investments in fixing problems before they could embark on a global growth strategy. Two years later, most of the fixing in the "Fix and Grow" strategy has been completed
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LAS VEGAS -- Rick Dauch, president and CEO of Accuride, has fielded a lot of questions -- or perhaps accusations would be a better word -- from distributors who want to know why his promises to support the aftermarket are any different from those of a string of executives befor
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