Maxion Wheels announces significant investment in Ostrava, Czech aluminum facility

OSTRAVA, Czech Republic, Dec. 9, 2013 /PRNewswire/ -- Maxion Wheels is pleased to announce an important investment program at its aluminum wheel production facility in Ostrava, Czech Republic.

The investment program will focus on competitive technology advantages, low energy utilization and waste reduction. At the same time, the plant's paint capabilities will be enhanced to match its customers' increasing styling demands for aluminum wheels while maintaining the highest possible quality standards. 

In 2012, Maxion Wheels's Czech Republic operations produced over 1.8 million aluminum wheels that were supplied to many leading European vehicle manufacturers. 

Pieter Klinkers, President for Maxion Wheels in Europe, Africa and Asia, said, "We are excited about this major next step forward for our Czech aluminum wheel plant. The Czech team has made significant improvements and now is the right time to further build on this success by investing in the latest process and equipment technologies. Maxion Wheels is committed to serving our customers with the best products and competitive pricing. We look forward to discussing our investment plans with the Czech authorities."  

Maxion Wheels is the leading producer of wheels for passenger cars, light trucks and commercial trucks and trailers. The Company also produces steel wheels for military, agricultural and other off-highway applications. With more than 100 years of wheel-making experience, Maxion is the world's largest wheel manufacturer, currently producing 65 million wheels per year. The Company serves global OEM customers from 21 operations in 12 countries on 5 continents, and has state-of-the-art technical centers in the Americas, Europe and Asia. www.iochpe-maxion.com.br, www.maxionwheels.com.