Iochpe-Maxion, a multi-billion dollar global leader in the production of automotive wheels, and a leading producer of automotive structural components in the Americas, announced today an investment of R$ 100 million for the expansion of its operations in Cruzeiro, Brazil.

Maxion Wheels, the world’s largest wheel manufacturer, and long-distance driver Rainer Zietlow and the Challenge4 team, successfully set a new Guinness World Record for driving to the highest altitude in the all-electric VW ID.4 GTX. Equipped with Maxion’s robust, lightweight and sustainable steel wheels, the team drove to the top of Bolivia’s Uturuncu volcano, 5,816 meters above sea level, breaking the previous record set in 2020 by approx. 45 meters of altitude.

Iochpe-Maxion, the world’s largest wheel supplier and the leading structural components supplier in the Americas, has set the objective of becoming a carbon neutral supplier by 2040. This target, “ROADMAP ZERO”, is the focus of all sustainability developments at the global Tier One.

In markets where green electricity is not readily available from the grid, on-site solar power generation is an important way of bridging the green energy gap. The Maxion Wheels Saraburi plant in central Thailand is the company’s first to use solar energy to decarbonize aluminum wheel production.

Iochpe-Maxion announces an investment of US$ 5.5 million in Autotech Ventures LLC, a venture capital firm based in USA.

Global tire and wheel assembler Taskmaster Components today announced a three-year supply extension agreement with wheel manufacturer Maxion Wheels. In the fall of 2020, Taskmaster Components introduced the Vesper by Maxion Wheels, a complete lineup of high-end steel trailer wheels developed with and manufactured by Maxion Wheels.

Maxion Wheels, the world’s largest wheel manufacturer, announced it is creating a virtual replica of its light vehicle aluminum wheel production process in Limeira, Brazil, using Digital Twin technology. With the twin digital model, the Company can anticipate how its physical assets are performing under certain conditions ensuring Maxion is achieving the highest levels of efficiency and efficacy from its operations.

Maxion Wheels, the world’s largest wheel manufacturer, today debuted it’s 64 lb., Tough and Light steel truck wheel from its booth 4057 during the TMC21 Fall Meeting in Cleveland, Ohio. The company unveiled the wheel concept in late 2019, and today announces it is in production from Maxion’s San Luis Potosí, Mexico, commercial vehicle steel wheels plant.

Maxion Wheels, the world’s largest wheel manufacturer, received during last night’s 2021 Manufacturing Leadership Awards Virtual Gala, two awards from the National Association of Manufacturing for its implementation and leveraging of Industrial Internet of Things (IoT) predictive maintenance digital solutions.

In 2020, as the automotive industry and many of our plants came to a standstill with COVID-19 spreading around the world, Maxion Wheels was still able to produce millions of wheels. This is not a simple task, as making wheels is hard work. Our products are heavy, our cycle times are fast, our machinery heavy-duty, and our quality standards high as we set out to produce the world’s best wheels.