Accuride Announces Sale of Bostrom Seating
Bostrom supplies seating products for the North American heavy-truck, aftermarket, bus and specialty vehicle markets.
Commercial Vehicle Group Enters Agreement with Daimler Trucks
CVG and Daimler Trucks enter into long-term agreement; CVG to open new facility in Mexico.
Commercial Vehicle Group Reports First Quarter 2010 Results
Revenues for the quarter compared to the prior-year period increased by approximately $37.9 million due primarily to an increase in the company’s global heavy truck, construction and military end markets.
Commercial Vehicle Group Announces Gordon Boyd as President of Seating Systems
In this role, Boyd will oversee the company’s global seating operations and growth initiatives as well as continue to focus on the development and growth of the company’s operations in China, Australia, India, Brazil and South Africa.
Commercial Vehicle Group Closes and Consolidates Liberec, Czech Republic, Facility
The 115,000-square-foot facility was primarily related to the manufacturing and assembly of wiring harness products and will be consolidated into an existing CVG facility located in the Czech Republic.
Commercial Vehicle Group Announces Planned Closure of Norwalk, Ohio, Facility
The company estimates this decision will negatively impact CVG’s 2010 revenues by approximately $10 million to $15 million and approximately $30 million to $35 million on an annualized basis.
Commercial Vehicle Group Adopts Stockholder Rights Plan
The Rights Plan is designed to provide Commercial Vehicle Group’s stockholders a fair and equal treatment in the event that an unsolicited or hostile takeover attempt is made to acquire the company or a substantial portion of the company.
Commercial Vehicle Group Awarded New Daimler Trucks Contract
Under the contract, CVG’s Dublin, Virginia and Statesville, N.C. facilities will supply headliners for use in Daimler’s Freightliner Cascadia model and miscellaneous interior trim moldings for the Freightliner FLD model.
Commercial Vehicle Group Awarded New Volvo Trucks Contract
The new business is expected to be in full production by the end of June.
Commercial Vehicle Group to Close Vancouver Facility
CVG’s Vancouver operation produces interior soft trim and molded dash assemblies for the heavy truck industry as well as molded products for the gaming and material handling industries.