MRO Magazine

Superior Industries Announces Reincorporation


May 15, 2015
By Business Wire News

SOUTHFIELD, Mich.

Superior Industries International, Inc. (NYSE:SUP), today announced that it has completed its reincorporation from the State of California to the State of Delaware. Superior will continue to operate its business as it existed immediately prior to the reincorporation and shares of Superior continue to be listed on the NYSE under the symbol “SUP.”

The reincorporation was approved by the company’s stockholders at the 2015 Annual Meeting of Stockholders held May 5, 2015. Each outstanding share of Superior’s common stock will be automatically converted into one share of common stock of a newly-formed Delaware entity that will be named “Superior Industries International, Inc.” and each stock certificate representing issued and outstanding shares of the “old” California-domiciled Superior will represent the same number of shares of the “new” Delaware-domiciled Superior.

About Superior Industries

Headquartered in Southfield, Michigan, Superior is the largest manufacturer of aluminum wheels for passenger cars and light-duty vehicles in North America. From its plants in the U.S. and Mexico, the company supplies aluminum wheels to the original equipment market. Major customers include BMW, FCA, Ford, General Motors, Mitsubishi, Nissan, Subaru, Tesla, Toyota and Volkswagen. For more information, visit www.supind.com.

Superior Industries
Investor Relations Line:
(818) 902-2701
www.supind.com
or
Kerry Shiba, (818) 781-4973
or
FTI Consulting
Nathan Elwell, (312) 553-6706
Nathan.elwell@fticonsulting.com