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| ACW > SEC Filings for ACW > Form 8-K on 30-Jul-2012 | All Recent SEC Filings |
30-Jul-2012
Change in Directors or Principal Officers, Other Events
Accuride Corporation and Leigh A. Wright have agreed Mr. Wright will resign effective July 31, 2012, as Senior Vice President / Business Development of Accuride Corporation (the "Company") to support the growth of a family business.
In connection with his resignation, the Company has agreed to treat Mr. Wright's resignation as separation for "Good Reason" or without "Cause" outside of a "Protection Period" under Mr. Wright's Severance and Retention Agreement, which is in the form of the Form of Amended & Restated Severance and Retention Agreement (Tier II Executives) previously filed as an exhibit to Form 10-K on March 15, 2012.
On July 25, 2012, Accuride Corporation's wholly owned subsidiary Gunite Corporation ("Gunite") announced the decision to close its Elkhart, Indiana facility. The operations currently performed at the Elkhart facility will be consolidated into Gunite's Rockford, Illinois facility or outsourced. Gunite expects that the Elkhart facility will be closed by the end of the first quarter of 2013.
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