Hayes Lemmerz International Inc. will buy an additional 51 percent of its joint venture in Brazil, Borlem SA Empreendimentos In-dustriais. The deal increases Hayes' ownership of Borlem to 98.7 percent. Terms of the agreement were not disclosed. Borlem has the capacity to produce 4 million steel wheels for light vehicles, plus 1 million wheels for heavy trucks. Major customers include Ford, Fiat, Renault, Volvo, General Motors, Volkswagen and Daimler-Benz.
RUBBER - Goodyear Tire & Rubber Co. plans to build a chemical plant in Beaumont, Texas. The plant will produce specialty polymers for Goodyear's rubber customers. The company will invest $144 million in the project, creating 120 new jobs.
TRIM - GenCorp plans to close two plastic extrusion plants in Evansville, Ind., and Fort Smith, Ark. These businesses are part of the company's vehicle sealing unit. Gencorp will transfer production of sill plates and belt strips for GM to another plant within 90 days.
ELECTRONICS - Motorola has teamed up with Renault and France Telecom Mobiles to develop an onboard communications device offering emergency response, roadside assistance and other services. This fall, the system will be optional on all new Renaults sold in France.
MIRRORS - Donnelly Corp. has signed an agreement to supply outside mirrors for 12 GM models. The multiyear program represents one of the largest new-business orders in Donnelly's history. Donnelly did not specify which GM models will carry its equipment.