History

History of Industry Leadership

Accuride has a long heritage of providing leading wheels to the commercial vehicle industry and has built a reputation for reliability, quality and dependability among our long-standing partners in the commercial vehicle industry.

History of Accuride Wheels

The original business around which Accuride Corporation was founded, Accuride Wheels’ road to global leadership began in 1905 when Firestone Steel Products was established as the first “spinoff” of the Firestone Tire and Rubber Company.

A major milestone was reached in 1968 with the addition of the steel rim and wheel plant at London, Ontario, Canada, the facility now known as Accuride Canada. Another steel rim and wheel plant was established in Henderson, Kentucky, in 1974. In 1986, Firestone sold the business, which was purchased two years later by Phelps Dodge Corporation. In 1998, Phelps Dodge Corporation sold the company to the investment firm of Kohlberg, Kravis, and Roberts.

Throughout its history, to ensure that customers receive precisely what they want, Accuride has been willing to expand and create new ventures. For example, in 1992, Accuride established Assemblies On Time (AOT) in Springfield, Ohio, as a joint venture with Goodyear Tire and Rubber Company. AOT was created to custom fit wheels with tires to be installed on one of the world’s most popular heavy trucks. In 2006, aot became an Accuride facility.

Realizing that one of the best methods to sustain its competitive edge was to diversify its product line, in 1997 Accuride entered into a partnership with Kaiser Aluminum and Chemical Corporation. This partnership solidified a bond first established between the two companies in 1972. Having already become the North American leader in steel wheel production, the newly-formed joint venture, AKW L.P., allowed Accuride to become an emerging leader in the growing forged aluminum wheel market.

Then, in 1999, as a demonstration of its increasing commitment to the aluminum wheel market, Accuride acquired Kaiser Aluminum’s 50 percent share of AKW L.P. to become its sole owner.

In efforts to increase its global presence and further meet customer needs, Accuride partnered with Industria Automotriz S.A. (IaSa) of Monterrey, Mexico, in 1997 to create the joint venture Accuride de Mexico. In 1999, to best service the emerging South American market, Accuride purchased IaSa’s share of AdM. Not only did this partnership open the doors to the emerging South American market, it also afforded Accuride the ability to best service its customers located within the region.

To increase strategic opportunities and to grow the business, Accuride acquired Transportation Technologies Industries, Inc. on Jan. 31, 2005.

Today, Accuride Wheels operates five steel and aluminum wheel manufacturing facilities in the United States, Canada and Mexico, and is the largest North American manufacturer and supplier of wheels for heavy- and medium-duty trucks and commercial trailers, as well as for buses, commercial light trucks, and specialty and military vehicles.