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Originally founded in 1908, the Company is a global producer of aluminum and steel wheels for passenger cars and light trucks. The Company also produces steel wheels for commercial trucks and trailers. -In February 2012, Iochpe-Maxion, one of the leading wheel manufacturers in Brazil, concluded acquisition of 100% of the Company and created Maxion Wheels. -The Company produces 65 million wheels per year and generates sales of over USD 2,000 million. The Company has over 10,000 employees globally.