Accuride Corp. (ACW)

Accuride Corporation engages in the design, manufacture, and distribution of components for trucks, trailers, and other vehicles. Its products include heavy- and medium-duty steel wheels, heavy- and medium-duty aluminum wheels, and light truck steel wheels; and wheel-end components and assemblies, such as brake drums, disc wheel hubs, spoke wheels, disc brake rotors, and automatic slack adjusters. The company’s products also comprise truck body and chassis parts, including bumpers, fuel tanks, bus components and chassis assembly, battery boxes and toolboxes, front-end cross members, muffler assemblies, and crown assemblies and components, as well as fenders, exhaust components, sun visors, windshield masts, step assemblies, quarter fender brackets, under-bells, fuel tank supports, hood inner panels, door assemblies, dash panel assemblies, outrigger assemblies, and diesel particulate filter assemblies. In addition, Accuride manufactures air suspension and static seating assemblies for heavy- and medium-duty trucks, the related aftermarket, and school and transit buses; and other commercial vehicle components, which include military wheels, steerable drive axles and gear boxes, transmission and engine-related components, industrial components, and non-powered farm equipment. Further, it provides chrome plating and polishing, hood assembly, and the kitting and assembly of exhaust systems. The company serves original equipment manufacturers (OEMs) of heavy- and medium-duty trucks, commercial trailers, light trucks, buses, and specialty and military vehicles, as well as aftermarket suppliers, such as OEM dealer networks, wholesale distributors, and aftermarket buying groups. Accuride operates in the United States, Canada, and Mexico. The company was founded in 1986 and is headquartered in Evansville, Indiana.

For the nine months ended 30 September 2006, Accuride Corporation's revenues rose 14% to $1.06B. Net income increase 40% to $50.8M. Revenues reflect the continuing growth in the commercial vehicle industry. Net income also reflects the absence of $14.9M of refinancing costs, the absence of $5.1M loss on extinguishment of debt, an increase in interest income and decreased interest expense.