Accuride sinks $25 million into wheel ops

Accuride Corp is investing approximately $25 million in its aluminum wheel business. The investment includes two new, state-of-the-art hydraulic presses plus other tactical improvements to facilities and equipment.

It has been tentatively decided to locate the new press cells in Erie PA. The new press cells will be installed in late 2007 and are expected to be operational by the first quarter of 2008. Additional changes to facilities and equipment are expected to be implemented in the second and third quarters of 2007.

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