NORTHVILLE, MI — Hayes Lemmerz International has entered into a definitive agreement for the sale of its suspension facilities located in Bristol, IN, and Montague, MI. The company also announced the relocation of its Automotive Components Group headquarters and technical center to the Hayes Lemmerz’ World Headquarters in Northville, MI, resulting in the closure of its Ferndale, MI, Technical Center.

The company said all of these actions were taken as part of a continuing strategy to streamline its business in North America and to focus its global resources on core businesses. Specific details of today’s announcements include the following:

The company said it expects to complete the sale of the two suspension facilities within the next 30 days.

In order to streamline its Automotive Components Group operations and improve efficiencies present in its technical groups in North America, the company will relocate its Automotive Components Group headquarters and technical center from Ferndale, MI, to its Northville, MI, world headquarters. The company plans to sell the Ferndale facility.

Curtis Clawson, president, chief executive office and chairman said, "This step, combined with the restructuring moves in 2006, further shows Hayes Lemmerz’ commitment to being in the right core markets and focusing on the right p rod ucts with the right customers. We remain confident about the company’s future. Moving our Automotive Components Group to our Northville World Headquarters will improve information sharing across groups and lower our fixed costs.”