New contracts demonstrate Brillion’s increased competitiveness across a broad range of industries
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.
Brillion’s recent commercial wins closely follow its investment in a new DISA 250-C molding line and upgraded production capabilities. The enhancements increase Brillion’s high-volume production capacity and are helping it secure the new contracts. With 20 percent greater capacity than the previous line, Brillion’s new DISA 250-C utilizes high-speed, flexible green sand molding and automated pouring to produce both austempered ductile and gray-iron castings.
“Our investments in new capacity coupled with our improved cost structure and relentless focus on Lean systems are enabling Brillion Iron Works to win in today’s intensely competitive marketplace,” said David G. Adams, President, Brillion Iron Works. “Our strengthened capabilities are delivering greater value to customers while helping them reduce supply-chain complexity. Producing fully machined castings through our partnership with Diamond Precision and the United Steelworkers expands the potential applications for our services, and opens up new markets for Brillion.”