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Accuride Corp. completed its acquisition of KIC and certain of its affiliated entities, following an agreement announced April 26, the company said.

Commercial vehicle supplier Accuride Corp. has reached an agreement to acquire KIC, a supplier of wheel-end components, and certain of its affiliated entities.

Accuride Corp. announced new steel and aluminum wheels that it said offered weight-saving benefits, including the industry’s first 65-pound steel wheel and 40-pound aluminum alloy wheel for commercial vehicles. 

Commercial wheel and wheel-end supplier Accuride Corp. reported that its shareholders approved the proposed merger with Crestview Partners, a New York-based private equity firm.

Heavy-duty supplier Accuride Corp. said it has entered into a definitive agreement to be acquired by funds managed by Crestview Partners, a leading New York-based private equity firm, for $2.58 per share in cash.

Commercial vehicle components supplier Accuride Corp. reported a profitable second quarter but still posted a net loss for the six-month period due to headwinds in key markets.

Commercial vehicle supplier Accuride Corp. announced June 7 that it had launched a new series of how-to videos to help fleet maintenance technicians properly install and service its steel and aluminum wheels and Gunite-brand brake drums and automatic slack adjusters.

Commercial vehicle component supplier Accuride Corp. said its Brillion Iron Works business unit won a long-term contract to supply the flywheel used with the Detroit DT12 automated manual transmission.