Superior Industries International Inc - Company Profile
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Business Description
Superior Industries International Inc (Superior Industries) is primarily engaged in the design and manufacture of aluminum wheels sold to original equipment manufacturers (OEMs) and aftermarkets in North America and Europe through the brands ATS, RIAL, ALUTEC, and ANZIO.
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R&D Overview
Superior Industries has been continuously reviewing, improving, and developing its engineering capabilities to meet customer requirements most efficiently and cost-effectively. The company's R&D team has developed many lightweight solutions, such as the patented Alulite technology, and aerodynamic solutions to help reduce customers’ carbon footprints. The company also collaborates with customers and suppliers on sustainability practices throughout their supply chains. The R&D units of the company are in Fayetteville, Arkansas, the US; and Ludensheid, Germany. These centers support the company's R&D in North America and Europe for its global OEM customers. R&D of the company's European aftermarket wheels is performed in Bad Durkheim, Germany. The unit is responsible for managing the company's R&D activities, including the development of new technologies and solutions. The company has several patented technologies including ALULITE, DECOTECH, and PVD. The company's pipeline products include lightweight solutions and aerodynamic solutions.
Geographical Segments
Overview
Offers the manufacturing of aluminum wheels for the European automobile industry. It operates in three locations in Europe, with headquarters in Bad Durkheim, Germany which includes European management, sales, distribution functions, logistics center, and warehouse for the aftermarket business. The manufacturing units are located in Stalowa Wola, Poland. In FY2023, the segment's capital expenditure stood at US$17.5 million, which decreased 2.2% YoY.
Performance
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Overview
Offers the manufacturing of aluminum wheels for the North American automotive industry, specifically light vehicle manufacturers. It operates four facilities in Chihuahua, Mexico. Products are offered to original equipment manufacturers (OEMs). In FY2023, the segment's capital expenditure stood at US$23.7 million, which decreased 39.8% YoY.
Performance
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