SOURCE: Industrial Info Resources

June 10, 2008 07:30 ET

American Axle Back at Work but Fallout From Three-Month Strike Begins, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - June 10, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- What began with a roar ended with essentially a whimper at the end of May. The three-month strike by 3,600 workers at American Axle & Manufacturing Incorporated (NYSE:AXL) (Detroit, Michigan) ended in late May with union members accepting a new contract from the major tier supplier to General Motors Corporation (NYSE:GM) (Detroit) and Chrysler LLC (Auburn Hills, Michigan). Now that the contract has been ratified by the membership, the fallout of the deal will begin in earnest.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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