Hayes Lemmerz Licenses Russian Wheel Producer
Hayes Lemmerz International, Inc has announced that its wholly-owned German subsidiary, Hayes Lemmerz Holding GmbH, has entered into a license agreement with Tolyatinskiy Zavod Stalnih Kolyos (TZSK) of Togliatti, Russia, a manufacturer of steel wheels. Under terms of the agreement, Hayes Lemmerz has granted a license to TZSK to use certain technology in the manufacture and sale of certain passenger car steel wheels to specific Russian vehicle manufacturers.