Accuride Corp. files for Chapter 11 restructuring
Accuride Corp., a manufacturer of steel and aluminum wheels based in Evansville, said Thursday it has filed for Chapter 11 bankruptcy reorganization as part of a widespread debt restructuring.
Accuride, a US-based manufacturer of commercial vehicle components, is planning to reduce its fixed costs and increase efficiencies through phase two restructuring initiatives including the consolidation of its aluminum wheel facilities and redeployment of equipment in its component businesses.