SOURCE: Industrial Info Resources

March 10, 2008 15:27 ET

American Axle Strike Affects 27 Plants and 37,000 Hourly Workers at GM, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 10, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Two weeks ago, the United Auto Workers (UAW) (Detroit, Michigan) walked off the job at five American Axle & Manufacturing Incorporated (NYSE:AXL) (Detroit) facilities in New York and Michigan. Because of the length of the strike and the resulting parts shortages, General Motors Corporation (NYSE:GM) (Detroit) has been forced to idle or at least slow down production at 27 of its plants in North America, resulting in more than 37,000 hourly workers being sent home.

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