NORTHVILLE, Mich., Dec 21, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it has emerged from its voluntary Chapter 11 reorganization. As previously reported, creditors overwhelmingly voted in favor of the Company's Plan of Reorganization, which was confirmed...
NORTHVILLE, Mich., Nov 03, 2009 /PRNewswire via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that the United States Bankruptcy Court for the District of Delaware (the "Court") has confirmed a plan of reorganization for the Company and substantially all of its U.S. subsidiaries that will signif...
NORTHVILLE, Mich., Sept 18, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that effective September 1, 2009, the Company realigned its global operational sites into three regions.
Fred Bentley, President and Chief Operating Officer, stated, "The purpose of the rea...
NORTHVILLE, Mich., Sept 02, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (the "Company") announced today that the Company has reached an agreement among its DIP lenders, pre-petition secured lenders and the Official Committee of Unsecured Creditors (the "Creditors' Committee") on the terms of a plan of re...
NORTHVILLE, Mich., July 28, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that the hearing to approve the disclosure statement with respect to its proposed plan of reorganization (the "Plan") has been adjourned to August 18, 2009. The Plan and disclosure statemen...
NORTHVILLE, Mich., July 22, 2009 /PRNewswire via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that its Akron, Ohio facility has been selected as one of the elite Daimler Trucks North America suppliers to achieve the Masters of Quality Award for 2008. The award demonstrates Daimler's recogniti...
NORTHVILLE, Mich., July 3, 2009 /PRNewswire via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it has filed a proposed plan of reorganization (the "Plan") and disclosure statement with the United States Bankruptcy Court for the District of Delaware (the "Court"). If confirmed by the Court,...
NORTHVILLE, Mich., June 19, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that its subsidiary, Hayes Lemmerz Werke GmbH, which operates the Company's Konigswinter, Germany facility, has received a certificate of achievement from DAF Trucks N.V. and Leyland Trucks,...
NORTHVILLE, Mich., June 15, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") granted a number of the Company's motions in hearings held on June 10, 2009 and today. As previ...
NORTHVILLE, Mich., June 5, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it has received several new business awards from both existing and new customers. The Company's Saraburi, Thailand plant will produce 16" alloy wheels for the Toyota Scion. This new awa...
NORTHVILLE, Mich., May 15, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (Nasdaq: HAYZ) ("Hayes" or the "Company") announced today that on May 12, 2009, the NASDAQ Stock Market ("NASDAQ") notified the Company that, in accordance with Listing Rules 5100 and 5110(b), as a result of the Company's filing of pe...
NORTHVILLE, Mich., May 14, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes" or the "Company") announced today that it has received Court approval of up to $100 million of debtor-in-possession ("DIP") financing, permitting it immediate access to up to $30 million to continue operations in the ordinary...
NORTHVILLE, Mich., May 11, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. (NasdaqGM: HAYZ) ("Hayes") announced today that lenders holding a majority of the Company's secured debt have reached an agreement regarding a restructuring of the Company's debt. Certain of these lenders will provide a debtor-in-pos...
NORTHVILLE, Mich., May 8, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz International, Inc. ("Hayes") (Nasdaq: HAYZ) announced today that on May 4, 2009, it received a letter from the NASDAQ Stock Market ("Nasdaq") notifying Hayes that it was no longer in compliance with the rules for continued listing according to Listing Ru...
NORTHVILLE, Mich., Jan. 29 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International, Inc. (Nasdaq: HAYZ) announced today that it has concluded an
agreement with its lending group to amend its senior secured credit facility.
The amendment favorably modifies the leverage ratio and inter...
NORTHVILLE, Mich., Dec. 4 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International, Inc. (Nasdaq: HAYZ) today announced that its sales for the
third fiscal quarter of 2008 were $497.0 million, down 10% from $554.9 million
a year earlier. The Company reported sales of $1.634 billion for the nine
months ended October 31, 2008, up slightly from $1.5...
NORTHVILLE, Mich., Nov. 25 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International, Inc. (Nasdaq: HAYZ) announced today that the date of its fiscal
year 2008 third quarter financial results conference call originally scheduled
on Wednesday, December 10, 2008 has been moved to Thursday, December 4, 2008,
at 10:00 a.m. (ET).
To partic...
NORTHVILLE, Mich., Nov. 10 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International, Inc. (Nasdaq: HAYZ) announced that it will host a telephone
conference call to discuss the Company's fiscal year 2008 third quarter
financial results on Wednesday, December 10, 2008, at 10:00 a.m. (ET).
To participate by phone, please dial 10 minutes ...
NORTHVILLE, Mich., Oct. 21 /PRNewswire-FirstCall/ -- Hayes Lemmerz
International, Inc. (Nasdaq: HAYZ) announced today that its aluminum wheel
manufacturing operation in Chihuahua, Mexico has received Nissan North
America, Inc.'s Quality Master and Zero Defects Awards.
The Quality Master Award is based on year-long evaluations of Niss...
NORTHVILLE, Mich., Sept 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Hayes Lemmerz
International, Inc. (Nasdaq: HAYZ) today announced that it is increasing its
fiscal 2008 Adjusted EBITDA guidance as it reported substantially improved
Adjusted EBITDA, core operating earnings and liquidity for the second fiscal
quarter ended July 3...