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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