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American Axle
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American Axle Agrees to Buy Metaldyne in $3.3bn Deal
Nov 10, 2016Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
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American Axle & Manufacturing Holdings Reported Its Fourth-Quarter Profit Declined on Cost
Feb 7, 2014American Axle & Manufacturing American Axle & Manufacturing Holdings reported its fourth-quarter profit declined on costs associated with debt refinancing. Net income dropped to $29.8 million, or 39 cents per share, from $319.9 million, ...
Tags: Auto Parts, Transportation
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Aam Has Revealed a Plan to Invest About $100m in Its Three Rivers Manufacturing Facility
Feb 5, 2013American Axle & Manufacturing (AAM) has revealed a plan to invest about $100m in its Three Rivers manufacturing facility located in Michigan, US. The investment is scheduled to be completed by December 2013, which will add new production ...
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Gbp3.6m Is Invested to Glasgow Plant by AAM
Dec 5, 2012US based automotive firm American Axle & Manufacturing (AAM) will invest GBP3.6m in its new manufacturing and engineering centre of excellence at Glasgow plant. The investment will be used for new equipment, machinery, as well as in ...
Tags: American Axle&Manufacturing, Glasgow plant, passenger vehicle
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