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Investor Presentation

January 11, 2012


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Leading Brands
Company Products and Key Brands Company Products& Key Brands
Sunvisors Sunvisors Windshield Windshield Frames Frames Hood Hood Tops and Tops and Skins Skins Grill Grill Assemblies Assemblies Crown Crown Assemblies Assemblies Bumpers Bumpers Fenders Fenders Engine Engine Castings Castings Chassis && Chassis Suspension Suspension Brackets Brackets Exhaust Stacks Exhaust Stacks & Assemblies & Assemblies Brake Drums, Disc Wheel Brake Drums, Disc Wheel Hubs, Spoke Wheels, Rotors Hubs, Spoke Wheels, Rotors Steel and Aluminum Wheels Fuel Tank Straps Fuel Tank Straps Fuel Tank Assemblies Fuel Tank Ends Fuel Tank Ends Battery/Tool Boxes Battery/Tool Boxes Accuride Imperial Gunite Brillion

AccurideComponents Business Units


(1)

NA Market share:
Steel wheels #1 Aluminum wheels #2 % 2011 Revenues through Q3 42%

NA Market share:
Brake drums Disc wheel hubs 26% #1 #2

NA Market share:
Metal bumpers 13% #2 Top Ten NA Casting Operation 15%
(1) Bostrom & Fabco

Divested Units
4% Page | 2

Note: Market defined as North American commercial truck market.

End Markets & Customers


Heavy-Duty Truck (Class 8) YTD Q3 2011 Revenue by End Market
Other 19%
Heavy Conventional Tandem-Axle Van Transit Bus

Medium-Duty Truck (Class 5-7)

Trailer 7% Military 4% Aftermarket 27%

Class 5-8 43%

Medium Conventional

Walk-In Van

School Bus

Single-Axle Van

Recreational Vehicle

Stake

YTD Q3 2011 Revenue by Customer


Navistar 18% Others 47%

Trailer

Van

Flat Bed

Tanker

PACCAR 16%

Light Truck (Class 3-4)


Volvo / Mack 8%
Pick-Up Sport Utility
Note: Includes revenue from divested business units.

Daimler Truck North America 11%


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2011 A Year of Transformation

Upgraded, Co-located & Focused Senior Leadership Team


New President & CEO 70% of Senior Leadership team replaced or reassigned Revised compensation plan for 2012 ROA and FCF

Revised Strategic Plan Developed & Implementation Initiated:


New Vision, Mission, Values Fix & Grow Strategy Developed International Expansion delayed 12-18 months

Core vs. Non-Core Focus Established:


Fix & Grow: Accuride Wheels, Gunite Divested: Bostrom Seating, Fabco TBD: Imperial, Brillion Iron Works

Commitment to Restore Operating Excellence & Technological Leadership:


Rebuilt Core skills & team: MFG, Product Engineering, Quality, Supply Chain Two-year CAPEX plan (2011-12) to update manufacturing capability & expand/rationalize capacity: $55M investment in Accuride Wheels business $55M investment in Gunite Wheel-end business Three-year Product Portfolio plans developed to ensure industry benchmark technology

Re-established Commercial Discipline:


Gunite price increases in both OEM and Aftermarket Segments Brillion Iron Works price increases Successfully pursuing anti-dumping campaign for Steel Wheels
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Strategic Objectives
Accuride Vision: Accuride will be the premier supplier of wheel-end system solutions to the global commercial vehicle industry

#1-2 globally in wheel-end systems ROIC > 20% through a cycle >80% of revenue from CORE products Balanced geographical revenues:
40% North America 30% Asia 20% Europe 10% South America

Share Price Grow Globally

Create a Competitive Cost Structure & LEAN Operating Culture

Our Focus
Divest Non-Core Assets Fix Core Business & Operations

>25% of annual revenues from new & evolutionary products


Customer Centric, Technology Leadership

>95% retention of personnel Maximize ACW share price


Ethical People, Selfless Leaders, Team Oriented

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2012 A Year of Execution

Complete the operational turn-around of our Core assets:


Complete Aluminum wheel capacity expansion Complete rationalization study for Steel Wheel Capacity (4Q) Upgrade capability and consolidate Gunite manufacturing footprint: Quality, Delivery, Daily production stability (1Q) Install & launch 2.1M/year drum machining capacity (2Q/3Q) Install new & transfer existing capacity while selectively outsourcing hub machining (4Q) Repair & Selectively upgrade foundry and facility at Rockford (2012-13) Complete consolidation of Imperial assets (1Q) Implement common LEAN Manufacturing systems (2012-13)

Fully understand and revamp our supply chain (>55% of COGS):


Scheduling systems integrated & coordinated Consolidate MRO buy for key commodities (tools, MRO, chemicals) Aggressively manage raw material pricing with both suppliers and customers

Focused sales initiatives:


Re-negotiate & extend LTAs with the Big 4 Truck OEMs Dedicate & focus resources on specific fleets, trailer OEMs and key AM customers Use open capacity & total wheel-end product portfolio for value selling Fill-up open capacity at Imperial and Brillion

Continue to explore opportunistic strategic opportunities


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Aluminum Capacity Expansion

Market penetration of aluminum wheels continues to grow Phase 1 complete:



1,200 1,000 800 600 400 200 -

Phase 2 underway:
$20M CAPEX Double capacity in MX and SC Truck OEMs: Volvo, Daimler, Paccar Trailer OEMs Large fleets, Defense suppliers, and select AM distributors

Mega-line at 1,000/day Mexico at 300+/day Acquisition & integration of Forgitron

Key customers targeted:


2010

2011

2012-13

Capacity will be online to meet peak cycle demand in 2013-2014


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Footprint Aligned w/ Customers


Kenworth

Daimler

Kenworth

Navistar Kenworth DaimlerDaimler Navistar Peterbilt Daimler

Mack

Volvo

Kenworth

Navistar Peterbilt

Accuride

Daimler

Navistar

Please note that the circles encompass 200, 400, and 600 miles from each Wheels facility.

ACW wheel capacity is located where OUR customers are growing


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Gunite Operational Turn-Around


Non-Conforming Material %
8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0%
6.7% 4.8% 2.3% 0.6% 0.6% 0.3% 0.3% 0.1% 0.7%

Gunite Quality

Gunite Drums Past Due


End of Month
30,145 30,610 23,419 15,262 4,289 11,744 1,035

40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 -

34,772 27,760

Note: Representative customer quality data

Average Daily Drum Production


10,000 9,500 9,000 8,500 8,000 7,500
8,622 8,248
DEC 10,417

Gunite Drum Inventory Bank


End of Month
100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 91,257 85,607

9,692

61,872 40,843

9,368

Q2

Q3

Q4

December

January

February

March

April

Gunite operations are stabilizing now we are focused on driving profitability!


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Gunite Financial Turn-Around

Pricing Activity with customers (1Q)


AM (Drums +3%, Spoke Wheels +30%, Other) OEM (8-18%)

Increased hub pricing from Brillion (1Q) Eliminate CS2 (1Q) and CS1 (2Q) Inspection Improved daily production New Drum (3Q) & Hub (4Q) Machining:
Scrap: 4.0% Tooling: 2.5% Labor/OT: 13.5% Freight: 3.5% to 2.2% to 2.0% to 10.0% to 3.0%

Volume & Mix: TBD


Targeted EBITDA performance: 2011: <3%; 1-3Q12: 3-6%; 4Q12: >10%
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Sales & Marketing Initiatives


OEM Truck Steel
OEM Truck Aluminum

Voice of the Customer feedback:


Numerous meetings with OEMs Established Distributor Advisory Council Completed branding survey Eliminated layer between SVP and Big 4 Truck OEM accounts Reduction in headcount/operating expense (>$1.25M) Regional alignment to improve emphasis on major fleets and trailer OEMs
Accuride 85%

Hayes 15%
Accuride 34% Alcoa 66%

Revised Organization:

OEM Trailer Steel

OEM Trailer Aluminum


Accuride 19%

Accuride 33% Hayes 67%

Alcoa 81%

Aftermarket Steel

Aftermarket Aluminum
Alcoa 43.0% Accuride 57.0%

Rules of Engagement established:


Aggressive management of AR Order & Inventory management
Offshore 33% Accuride 59% Hayes 8%
Note: Market share based on company estimates

Shift from selling on price to selling Accurides value advantages


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Sales & Marketing Initiatives

Truck OEM (Cast) Drum Share

Trailer OEM (Cast) Drum Share

Aftermarket (Cast) Drum Share

KIC, 8%

MotorWheel, 5% KIC, 5%
KIC 30%

ConMet 10%

MotorWheel, 2% Meritor, 2%

ConMet, 31% Gunite, 59%


MotorWheel 7% Meritor 8% Webb 45%
Webb, 38%

Gunite, 48%

ConMet, 2%

Note: Market share based on company estimates

Gunite - A business worth fixing given strong truck & aftermarket positions
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Supply Chain Initiatives


New SVP on board 10/19/11 Key recent staff additions:


MRO Buyer Supplier Quality & Development Metals Buyer

Annual Spend Breakdown


Steel 21% Other 33%

Aluminum/Alloy 13% Purchased Services 8%

Extension of AP terms 4Q11

MRO 9%

Scrap/Pig Iron 16%

Outside advisor engaged to help us fully understand current situation and identify opportunities by 1Q12 Concerted efforts to fix scheduling and inventory management Minimize steel economic headwind 1H12
Opportunities exist for significant operational & financial improvement
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Industry Forecasts
295,545

290,000 270,000
271,000 251,000

250,000 230,000 210,000 190,000 170,000 150,000 Class 8


167,900 176,111 246,300

Medium-Duty

Trailer

Accuride projections will be on the conservative end of the projections


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Initiatives to Improve Liquidity

Aggressive Working Capital Management:


Scheduling systems & inventory management AR collection (<5% past due >90 days) AP terms extension

ABL expansion 1Q12 Potential divestiture of non-core asset in 1H12 Improved operating performance:
Gunite (pricing, daily operations, eliminate CS1 & CS2 inspection) Imperial (capacity consolidation, SGA & premium reduction) Brillion (pricing, daily operations, capacity utilization)

Execution of key CAPEX projects:


Core business (<3 year payback at >15% IRR) Non-core business (<1 year payback only) We have adequate liquidity to execute our key initiatives
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Summary
Fix & Grow Strategy developed & being executed Experienced leadership team on-board & performing Resources focused on key priorities All major initiatives on-schedule and on-budget Market trends favorable heading into 2012 Some headwind on steel pricing in 1H12 Adequate liquidity and initiatives to improve it Strategic opportunities exist to Fix & Grow the company We are executing our plan!

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Financials

Questions

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