NORTHVILLE, MI — Hayes Lemmerz International is exploring the potential divestiture of its Commercial Highway Hub and Brake Drum business. This includes the operations in Berea, Ky., Chattanooga, Tenn., and the MinCer operations in Mexico City, Mexico. The sale would not include the company’s Automotive Brake Business that manufactures brake components for the passenger car and light truck market.
The company has retained Donnelly Penman & Partners, a Michigan Investment Banking firm, to assist in evaluating options for the sale.
For more information about Hayes Lemmerz, go to: www.hayes-lemmerz.com.
_______________________________________
Click here to view the rest of today’s headlines.