Brillion Iron Works Unit of Accuride Secures $6.5 Million in New Contracts
BRILLION, Wis.--(BUSINESS WIRE)--Accuride Corporation (NYSE: ACW) – a leading supplier of components to the North American and European commercial vehicle industries – announced that its Brillion Iron Works business unit has been awarded contracts for $6.5 million in annualized new business across a broad range of industries and applications, including the defense, industrial, municipal, automotive and commercial-vehicle sectors. Earlier this month, Brillion announced that it had secured a major long-term contract to supply transmission flywheels to the Detroit™ subsidiary of Daimler Trucks North America. Together with the Detroit contract, these awards help to further diversify Brillion’s revenue sources and boost utilization of its foundry operations with approximately $14 million in annualized new business.