Company Profile

Name of Company

Maxion Wheels

Headquarters Location

Königswinter, North Rhine-Westphalia, Germany

Name of CEO/MD/President

Pieter Klinkers

Industry Segment

Truck & Van, Trailer, Bus & Coach

Operational Regions

China, East Asia & Pacific, Europe & Central Asia, Latin America, Middle East & North Africa, North America, South Asia, Sub-Saharan Africa

Contact

[email protected]

https://www.maxionwheels.com/

Socials

Follow us on LinkedIn

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Company Overview

Year Established

1919

Parent Company

Iochpe-Maxion

Overview of Business Activities

Maxion Wheels, a division of Iochpe-Maxion S.A., is the world’s leading steel and aluminum wheel supplier. Our low-carbon expertise and energy-efficient designs help cars, buses, trucks, and trailers achieve real-world carbon footprint reductions. Our diverse global teams and inclusive culture powers every advance we make.

Maxion Wheels works with global vehicle manufacturers on wheels for personal mobility, transportation, agriculture, defense, and off-highway applications. Our 10,000 employees operate out of 31 locations in 14 countries on five continents, including state-of-the-art technical centers in the Americas, Europe, and Asia. Together we produce more than 50 million wheels a year, making us the world’s largest producer and supplier of wheels. To learn more, please visit Maxion Wheels’ website.

Mission / Vision Statement

We believe in our vision

We strive to be a global leader and to grow in a sustainable manner through innovation and by inspiring our people to take part in shaping the automotive world with us.

We believe in our mission

We want to provide components and automotive systems in a profitable manner while improving the competitiveness of our customers´ products on a global basis through continued innovation, process improvement and outstanding people.

We believe in our values

We conduct ourselves ethically and are socially and environmentally responsible. We develop, trust, empower and respect our people and drive our results through commitment, ownership mentality, continuous improvement and teamwork. We utilize our resources efficiently and achieve the highest levels of customer satisfaction. We foster innovation and unleash the creativity of all of our people.

Strategy

Maxion Wheels has been the global market share leader in commercial vehicle steel (CVS) wheels for over 25 years. But we don’t operate in a world standing still — we serve our customers by anticipating as well as answering their needs, every day. We ground ourselves in an understanding of market dynamics and future trends, challenging ourselves constantly to exceed industry standards for what a wheel can do. This is why we are uniquely able to provide an evolving portfolio of performance-engineered commercial vehicle wheels.

The future lies in meeting a spectrum of industry and customer challenges with specialized applications. This is true for our tractor, trailer and bus Original Equipment Manufacturer (OEM) partners, as well as aftermarket distributors, who are looking to redefine the commercial vehicle. New advances in materials and processes have narrowed the weight disparity between steel and aluminum, giving us a deeper toolbox to solve for vehicle type, usage, working conditions and environmental impact. Resulting in wheels designed for a broad spectrum of buyers seeking proven solutions for safety, efficiency and durability for their customers, delivered through long-term ROI.

For commercial vehicles, it’s a pivotal moment. Populations are growing, along with urbanization, e-commerce, and last-mile delivery. At the same time, many nations are mandating greater CO2 reductions from greenhouse gases, with OEMs adhering to ever-tougher emission norms. They are looking to alternative fuels, electric powertrains, smart technology and crucially, the wheel to improve fuel efficiency, extend battery range and increase freight capacity. Maxion is ideally positioned at a time of change in the mobility sector, with stricter industry regulations and higher operational standards.

Our scale around the world and tenure in the business set us apart from other wheel suppliers. This gives us a deep well of know-how to serve the world’s customers, who operate in widely different contexts – across increasingly segmented long-haul, heavy-duty and light commercial vehicle fleets traversing different road infrastructure and regulations. The clear advantage of our centrally-integrated network of expertise is a continually evolving portfolio applied globally across diverse local markets.

The commercial vehicle is the workhorse of our planet. Which is why every wheel we make is made for a specific purpose and made to last. We simply do not design for a disposable wheel. Our promise to every customer is to maximize value through unmatched integration of materials, engineering and production.

Sustainability Goals

Our Climate Commitment is Driving Change

A Carbon Neutral Future For All

We believe in a carbon-neutral future for our operations by 2040, our industry and for mobility. Our transition plan, ROADMAP ZERO, is aligned with the Paris Climate Agreement to limit the global temperature to 1.5°C above pre-industrial levels. With our commitments to the United Nations Global Compact and SBTi Net-Zero Standard we are taking ambitious steps in the development of sustainable operations, supply chains and mobility solutions.

Progress with Purpose

We are decarbonizing our wheel production with clean energy, more efficient product designs and processes, and lower carbon materials. By 2025, we will reduce CO2 emissions by 30 percent. By 2030, we are on course to deliver CO2 reductions of 70 percent. More information can be found in the latest Iochpe-Maxion Sustainability Report.

Action With Energy

We are committed to continuous improvements in the energy efficiency of our operations. We are sourcing more green electricity from suppliers, investing in renewable energy generation at our sites and working to integrate sustainable biogas.

Responsible Sourcing

With 60-70% of Maxion Wheels’ total revenue purchased goods, our global supply chain is a major factor in the company’s sustainability targets and value creation. To achieve the necessary improvements in our sustainability performance, continuous and purposeful collaboration with our supply chain partners are a company priority. Maxion Wheels focus on Responsible Sourcing resulted in a statement meant to inspire suppliers and sub-suppliers to strive for transforming their operations towards and beyond the global sustainability agenda.

Designing With Intelligence

We are supporting customer climate targets with wheel design and process advances that maximize the benefits of lower carbon materials to reduce production cycle CO2 emissions, as well as making vehicle wheels lighter, more aerodynamic and more energy efficient.

Conserving Resources

We are focused on producing our products with the least amount of environmental impact by working with renewable energy, green gas, and water recycling and purification systems.  We support the increase in use of recycled materials and the introduction of green steel and aluminum in the development of circular economy models, which keep materials in use for longer, minimizing landfill waste and CO2.

Key People

Name of Current CEO / President / MD

Pieter Klinkers

LinkedIn

Title

CEO

Appointment Date

1st March 2015

Function

Under Klinkers’ strategic leadership, Maxion Wheels has grown in both product diversity and geographic footprint, always responding to the continuously evolving requirements of its transportation customers.

Maxion Wheels has been well positioned for future growth through strategic investments and partnerships, including the recently announced $150 million USD investment in its commercial vehicle wheels business. With the addition of forged aluminum truck wheels to its truck wheels portfolio, Klinkers has established the Company also as the one-stop solution for truck and trailer customers.

Operating a global network of state-of-the-art technical centers and manufacturing operations capable of producing more than 65 million wheels a year, Klinkers is leading Maxion Wheels’ efforts to fight the climate crisis. Recently setting the objective to become a carbon neutral supplier by 2040, Klinkers is engaging the entire organization in ROADMAP ZERO, the focus of all sustainability developments in the Company.

Other Key People

Name of Key People		Title	Appointment Date
	Mark Gerardts LinkedIn	Business Unit President, Europe, Middle East and Africa	1st January 2024
	Zeferino Neto LinkedIn	Business Unit President, Americas	1st January 2021
	Sutheep Ratnabhas	Business Unit President, ​Asia​	21st November 2024
	Ralf Duning LinkedIn	Vice President of Global Engineering	1st June 2015
	Giorgio Mariani LinkedIn	Chief Commercial Officer	1st January 2024

Joint Ventures, Partnerships & Alliances

Key Manufacturing Facilities

Products

Product

Commercial Vehicle Steel Wheels

Description

Driving R.O.I. with the most advanced commercial vehicle steel offering in the industry. Why? Because better wheels drive better business.

Over the last 100 years, Maxion Wheels has grown to become the largest wheel manufacturer, globally. Today, we put this combined expertise to work for nearly every commercial vehicle producer in the world selling more than 10 million truck and trailer steel wheels a year.

Our engineers are certified wheel experts who are passionate about applying their know-how to your diverse application needs. With an international network of strategically located engineering, testing and production facilities, Maxion Wheels is one of the only wheel manufacturers who can deliver a truly global platform with the ability to expand and scale to match your growth ambitions.

From long-haul routes through Turkey, to inner city deliveries in Dallas, Maxion Wheels’ broad range of commercial vehicle steel wheels is up for the challenge.

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Product

Commercial Vehicle Forged Aluminum Wheels

Description

Maxion Wheels is expanding its CV product portfolio to include forged aluminum wheels, enabling the company to offer unprecedented choice in truck wheel design and performance to the wide spectrum of truck, trailer, bus, and tanker OEMs. The construction of the new 45,000-square-meter forged aluminum wheels facility in Turkey is progressing rapidly, with production scheduled to begin in 2025. Initial installed capacity is 350,000 forged aluminum wheels annually, with the ability to scale to twice that amount in the years after.

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Product

Specialty Steel Wheels

Description

Maxion Wheels offers specialty wheels for multiple agricultural, construction, forklift, mining and military vehicles, all with a broad variety of diameters and widths, all with an electro-deposition epoxy primer and color acrylic top coat. Our specialty wheels are validated for their specific service conditions using our industry leading field simulation tests.

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