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NORTHVILLE, Mich. - Hayes Lemmerz International Inc., which makes aluminum and steel wheels for cars and trucks, said Monday it will close a facility in Gainesville, Ga., by the end of the year.
| HAYZ | 3.06 |  0.11 |
Hayes said worldwide overcapacity in the light vehicle aluminum wheel market and aluminum wheel imports caused the company to close the facility.
The facility employs 290 people.
"The phase-out is a difficult but necessary step in our overall plan to provide our customers the highest quality products at competitive prices and to improve profitability," Chief Executive Curtis Clawson said in a statement.
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