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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Auto Parts > Hilite Industries, Inc.

Hilite Industries, Inc.
 PROFILE
Hilite Industries provides automakers and suppliers of brake systems with real stopping power. Its products include brake-proportioning valves and power transmission components such as electromagnetic clutches, pulleys, and mounting brackets. Hilite's North American Spring and Stamping unit makes specialty springs and automated assemblies used in automotive applications as well as in cell phones and vending machines. The Acutex division makes electrohydraulic transmission parts. Hilite sells to automakers Ford, GM, and DaimlerChrysler, and to brake systems suppliers such as Bosch Braking Systems and BorgWarner Inc. CEO Joseph Carreras controls Hilite through his investment group, Carreras Kestner & Co.

 COMPETITION
Dana Corporation (DCN)
Intermet Corporation (INMT)
Tower Automotive, Inc. (TWR)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 200.00
1-Yr. Sales Growth: 110.5%
Employees: 750
Revenue per employee: $266,666.67

 KEY PEOPLE
• Joseph W. Carreras
    CEO
• Michael T. Kestner
    CFO

 CONTACT INFO
Terminal Tower, 50 Public Square, 32nd Fl.
Cleveland, OH 44113
US
Phone: 216-771-6700
Fax: 216-344-7631
Online: Web Site

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