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TZSK to License Hayes Lemmerz Technology · 08/20/2006

The Russian wheel maker TZSK, based in Togliatti, will license technology used in making steel wheels from the German company Hayez Lemmerz. TZSK will use the technology in making wheels for the Russian automotive market. “We look forward to working closely with Hayes Lemmerz on this exciting new opportunity. Hayes Lemmerz’ technology and know how, combined with our local expertise, will help us penetrate the rapidly growing Russian vehicle market,” said TZSK President, Valeriy Shiyanov.

— Rim & Tire Wholesalers

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