EVANSVILLE, Ind., Jun 27, 2011 (BUSINESS WIRE) -- Today, Accuride Corporation (NYSE: ACW), a leading supplier of components to the commercial vehicle industry, announced that its stock has been added to the Russell 2000(R) Index.
"Accuride's inclusion in the Russell 2000 Index, following our December 2010 listing on the New York Stock Exchange, reflects Accuride's increasing strength and stability, as well as our commitment to continued growth and increased profitability," said Rick Dauch, Accuride's President and CEO.
The annual reconstitution of Russell's U.S. equity indexes captures the 3000 largest U.S. stocks, ranking them by market capitalization to create the broad market Russell 3000(R) Index. The Russell 2000 Index is a subset of the Russell 3000 Index and measures the performance of the small-cap segment of the market. Russell U.S. Indexes allow investors to track current and historical market performance by specific market segment (large cap/small cap) or investment style (growth/value).
Accuride Corporation is a leading supplier of components to the commercial vehicle industry. The Company's products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, and other commercial vehicle components. The Company's products are marketed under its brand names, which include Accuride(R), Gunite(R), ImperialTM, Fabco(R), BrillionTM, and Highway Original(R). For more information, visit the Company's website at http://www.accuridecorp.com.
SOURCE: Accuride Corporation
Chad Monroe, 812-962-5041
Eva Schmitz, 812-962-5011