Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Accuride To Expand Aluminum Wheel Production Capacity At Kershaw County Plant

RELATED NEWS
Trade ACW now with 

Accuride Corp.(ACW: Quote), a supplier of components to the commercial vehicle industry, announced plans to expand aluminum wheel production capacity at its Kershaw County plant.

The company said that it will invest at least $8.73 million to add two machine lines as part of the expansion, which will generate at least 25 new jobs.

The Kershaw County Council is expected today to vote in favor of a Fee in Lieu of Taxes (FILOT) agreement for the project; and the company is utilizing South Carolina's readySC worker training program for new hires, Accuride said.

Click here to receive FREE breaking news email alerts for Accuride Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Home improvement and building products company Masco Corp. said Monday after the markets closed that its second quarter profit jumped 78% from last year, as revenue increased and margins improved amid strong performance of its Plumbing Products, Installation and Other Services and Decorative Architectural Products segments. American Financial Group Inc. (AFG) Monday reported second-quarter net earnings of $106 million or $1.15 per share, compared to $110 million or $1.20 per share last year. Core net operating earnings were $99 million or $1.07 per share, compared to $87 million or $0.96 per share last year. Total... Stocks showed a significant recovery over the course of the trading day on Monday after coming under pressure in early trading. The markets eventually ended the session roughly flat following the mixed performance that was seen last week.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.