Accuride President and CEO Rick Dauch praised the positive outcome, saying, "Accuride is extremely pleased to have amicably reached a new agreement at Erie - well ahead of schedule - that will provide continued stability and competitiveness for our industry-leading aluminum-wheel production facility. This shared achievement reflects both the strengths and talents of our Erie associates and the spirit of teamwork that exists at the facility. The agreement follows our three-year investment in new production equipment and processes that have enabled the Erie plant to achieve world-class operating standards, and provides flexibility to meet increasing customer demand as the North American commercial vehicle industry recovery continues."
The parties' existing collective bargaining agreement was entered into in August 2010 and will expire at midnight on September 3, 2014. The new agreement is effective September 4, 2014, through September 3, 2018.
About Accuride Corporation
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; and specialty cast-iron components for a range of agricultural, construction and mining, and oil and gas equipment applications. The company's products are marketed under its brand names, which include Accuride(R), Accuride Wheel End Solutions(TM), Gunite(R), and Brillion(TM). Accuride's common stock trades on the New York Stock Exchange under the ticker symbol ACW. For more information, visit the Company's website at
Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.