September 06, 2008

Hayes Lemmerz to close Georgia based facility

AP reported that Hayes Lemmerz International Inc, which makes aluminum and steel wheels for cars and trucks, will close a facility at Gainesville in Georgia by the end of 2008.

Hayes Lemmerz in a statement said that worldwide overcapacity in the light vehicle aluminum wheel market and aluminum wheel imports caused the company to close the facility. The facility employs 290 people.

Mr Curtis Clawson CEO of Hayes Lemmerz said that "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.”