Hayes Lemmerz Announces Definitive Agreement to Sell Automotive Brake Components Businesses
09 November 2007 - 11:50PM
PR Newswire (US)
NORTHVILLE, Mich., Nov. 9 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International, Inc. (NASDAQ:HAYZ) today announced that it has
entered into a definitive agreement for the sale of its automotive
brake component facilities located in Homer, Michigan and Apodaca,
Mexico for approximately $58 million in cash. The sale is expected
to be completed on November 9, 2007. Hayes Lemmerz International,
Inc. is a leading global supplier of automotive and commercial
highway wheels and other automotive components. DATASOURCE: Hayes
Lemmerz International, Inc. CONTACT: Marika P. Diamond of Hayes
Lemmerz International, Inc., +1-734-737-5162 Web site:
http://www.hayes-lemmerz.com/
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