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You are here: Home1 / Superior Industries

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Superior Industries announces refinancing

Company News

Superior Industries International, Inc., supplier of light vehicle aluminium wheels for OEMs and the European aftermarket, today announced the refinancing of its Term Loan and Revolving Credit Facilities. Commenting on this development, Majdi Abulaban, president and chief executive officer, stressed that “Superior remains well-positioned to drive profitable growth.”

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  1. Superior Industries appoints new president, CEO
  2. Superior Delays Q2 Figures Release
  3. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
  4. Goodyear announces US$600 million refinancing
19th December 2022/by Stephen

Superior Industries says no to TTC 2020 presence, evaluating effectiveness of exhibitions

Company News

Anyone searching for Superior Industries Europe’s stand at next year’s The Tire Cologne will look in vain. The wheel manufacturer says it won’t exhibit at the trade show. Gerald Steinmann, Superior Industries’ director of marketing and e-commerce for the aftermarket, explains why.

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19th December 2019/by Stephen

ATS celebrates half a century of wheel making

Company News, Product News

ATS Alloy Wheels turns 50 this year, and is marking the occasion with the launch of a new slogan – Nothing beATS Performance – and a major promotional campaign.

Read more

Related news:

  1. ATS Wheels confirmed as official wheel supplier for 2017 DTM season
  2. Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International
  3. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
  4. F4 supplier ATS starts partnership with US Racing
29th August 2019/by Stephen

Superior Industries appoints new president, CEO

Career Tracks

Aluminium wheel manufacturer Superior Industries International, Inc. has appointed a permanent successor to Don Stebbins, who retired as the company’s president and chief executive officer at the end of last year. Majdi B. Abulaban will start in both roles on 15 May 2019, taking over from executive chairman, Timothy McQuay, who assumed all Stebbins’ duties once the latter’s departure was announced.

Read more

Related news:

  1. Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International
  2. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
  3. Superior Industries Wins Mitsubishi Business
  4. Superior Industries: Acquired European operation boosts Q2 2018 results
1st April 2019/by Stephen

UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.

Company News

Declining car production in the UK has contributed towards lower wheel unit shipments in the third quarter of 2018, reports Superior Industries International, Inc. Compared with the prior-year period, Q3 2018 shipments were down 300,000 units to 4.7 million.

Read more

Related news:

  1. Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International
  2. Superior Industries appoints new president, CEO
  3. Plant closure weighs Superior Industries down in Q3
  4. ATS celebrates half a century of wheel making
25th October 2018/by Stephen

Giromini joins Superior Industries International’s Board of Directors

Career Tracks

Aluminium wheel supplier Superior Industries International, Inc. has appointed Richard J. Giromini to its Board of Directors. With the addition of Giromini, the size of Superior’s board increases to nine directors, eight of whom are independent.

Read more

Related news:

  1. Superior Industries appoints new president, CEO
  2. Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International
  3. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
  4. ATS celebrates half a century of wheel making
29th August 2018/by Stephen

Superior Industries: Acquired European operation boosts Q2 2018 results

Company News

Record unit shipments and net sales were the headline news upon the release of Superior Industries International Inc.’s financial results for the second quarter of 2018 – a performance resulting from the company’s acquisition of Uniwheels last year. The company has also slightly raised its income and EBITDA projections for the entire year.

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Related news:

  1. Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International
  2. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
  3. Superior Industries appoints new president, CEO
  4. Nokian Tyres increases sales, profits
9th August 2018/by Stephen

Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International

Company News

Aluminium wheel manufacturer Superior Industries International, Inc. reports shipping 5.5 million units in the first quarter of 2018, a 94.8 per cent increase compared with the first three months of last year. This sizeable improvement was primarily due to the inclusion of the company’s European operation in this year’s results but was also driven by higher unit shipments in North America.

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Related news:

  1. Superior Industries appoints new president, CEO
  2. Superior Industries acquires 92.3% share in Uniwheels
  3. Superior Industries publishes Q2 2017 results, updates outlook
  4. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
15th May 2018/by Stephen

F4 supplier ATS starts partnership with US Racing

Motorsport

As of this season, ATS is exclusive wheel supplier to the Formula 4 championship. The Superior Industries-owned brand now announces it has also entered into a partnership with US Racing, the race team belonging to former F1 driver Ralf Schumacher. Under this arrangement, ATS will cooperate in testing carried out by the team.

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Related news:

  1. ATS celebrates half a century of wheel making
  2. Race debut for new ATS rims this weekend
  3. ATS Wheels confirmed as official wheel supplier for 2017 DTM season
  4. Superior Industries Gains Mitsubishi Business
26th April 2018/by Stephen

Superior Industries’ Stebbins joins Snap-on board

Career Tracks

The board of directors at tool and workshop equipment manufacturer Snap-on Incorporated has appointed Donald J. Stebbins, president and chief executive officer of wheel manufacturer Superior Industries International, a company director. This directorship takes effect 4 January 2015. Stebbins also serves as a director at Superior Industries and at WABCO Holdings, a provider of electronic, mechanical and mechatronic products.

Read more

Related news:

  1. Superior Industries appoints new president, CEO
  2. Plant closure weighs Superior Industries down in Q3
  3. Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International
  4. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
19th November 2014/by Tyrepress Editors

Plant closure weighs Superior Industries down in Q3

Company News

North America’s largest manufacturer of aluminium car and truck rims, Superior Industries International, slid into the red in the third quarter of the 2014 financial year. The company reports a net loss of US$2.4 million due to quarter expenses of $6.9 million, which were largely associated with the upcoming closure of Superior’s factory in Rogers, Arkansas. Net sales for the third quarter decreased eight per cent to $176.4 million. Third quarter unit shipments fell 11 per cent from the corresponding prior year period to 2.6 million units versus 2.9 million units in 2013.

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Related news:

  1. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
  2. Carlisle Merges Tire & Wheel, Power Transmission Belt Businesses
  3. Superior Delays Q2 Figures Release
  4. Goodyear closing Gadsden, USA plant
17th November 2014/by Tyrepress Editors

Superior’s Borick hanging up president/CEO hats

Career Tracks

Steven J. Borick intends to retire as chief executive officer and president of Superior Industries International early next year, and the company’s board has commenced a search for his successor. Borick will relinquish these three roles at the US-based aluminium wheel manufacturer on 31 March 2014, however he will remain chairman and assist with the management transition.

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Related news:

  1. Superior Industries Reduces Quarterly Loss
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24th October 2013/by Tyrepress Editors

Q2 sales, shipments down at Superior Industries

News

Wheel manufacturer Superior Industries International has reported a slightly lower year-on-year net income for the second quarter of 2012. Net income decreased from US$6.4 million a year ago to $6.3 million in the March to June quarter.

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Related news:

  1. Superior Industries’ Q2 net income 56% lower
  2. Extra Slow Steaming is Affecting Transit Times
  3. Superior to build new plant, announces 2012 results
  4. Superior Industries names site for new plant
5th August 2013/12,345 Comments/by Tyrepress Editors

Superior Industries names site for new plant

News

As of 2015, Super Industries International will expand its portfolio of Chihuahua-made wheels. The North American aluminium wheel manufacturer announced on 16 April that its new manufacturing facility in Mexico will be erected in the city of Chihuahua. Superior Industries says it and the state of Chihuahua have “agreed in principle to a series of incentives that reflect a continued partnership between Superior and the state.” Superior already operates three manufacturing facilities in the city.

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Related news:

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  3. Further Accuride investments to benefit steel wheel business
  4. Superior to build new plant, announces 2012 results
17th April 2013/12,345 Comments/by Tyrepress Editors

Superior to build new plant, announces 2012 results

News

In addition to reporting its 2012 results, US-based aluminium wheel manufacturer Superior Industries International, Inc. has announced plans to build a new manufacturing facility in Mexico to expand capacity and meet anticipated growth in product demand.

Read more

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18th March 2013/12,345 Comments/by Tyrepress Editors
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