Crystal Lake, Ill., March 21, 2013 – VIPAR Heavy Duty and Accuride Corporation (NYSE: ACW) jointly announced today the completion of a new three year agreement. Under the agreement, VIPAR Heavy Duty will offer Accuride WheelsTM, Gunite® wheel-end components and Imperial Group products.
“VIPAR Heavy Duty has had a long term relationship with Accuride Corporation in the U.S., Canada, and Mexico,” said Steve Crowley, president and CEO, VIPAR Heavy Duty. “This new agreement recognizes the strong commitment that Accuride continues to show in the aftermarket through their investment in the infrastructure and personnel to support this program.”
Products in the program include wheel band spacers, steel and aluminum wheels, and demountable rims from Accuride Wheels; brake drums, spoke wheels, air disc brakes, rotors, disc wheel hubs and automatic slack adjusters from Gunite; and Imperial fuel tanks, in-frame battery boxes and custom fit bumpers.
“Accuride is proud of our long-standing support of VIPAR, its stockholders and customers,” said Rick Dauch, President and CEO of Accuride Corporation. “The quality and geographic alignment of VIPAR stockholders ensures a strong distribution channel across North America for our products and make this agreement a win for both organizations. Accuride’s strategic focus on delivering more dependable performance for VIPAR and our Aftermarket customers led us to invest more than $150 million in operational improvements in our business in 2011-2013. The resulting step-change gains we’re seeing in our quality, delivery, and lead time performance make long-term agreements like this possible.”
About VIPAR Heavy Duty
VIPAR Heavy Duty is North America’s leading network of independent aftermarket truck parts distributors. VIPAR Heavy Duty distributors serve the needs of their customers from over 500 locations across the United States, Canada, Puerto Rico, and Mexico. VIPAR Heavy Duty distributors are specialists who understand the demands of their local, regional, and national customers for quality parts and exceptional service. For more information, visit www.vipar.com.
With headquarters in Evansville, Ind., USA, Accuride Corporation is a leading supplier of components to the North American commercial vehicle industry. The company’s products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, and other commercial vehicle components. The company’s products are marketed under its brand names, which include Accuride®, Accuride Wheel End SolutionsTM, Gunite®, ImperialTM and BrillionTM. For more information, visit the Company’s website at //www.accuridecorp.com.
Director of Corporate Development
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Timothy G. Weir, APR
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Phone: (812) 962-5128