strikers may want to rethink their attitudes right about now.
American Axle & Manufacturing Reaches Contract Agreements with Unions in Mexico and the United Kingdom
PRNewswire-FirstCall
DETROIT
(:AXL)
DETROIT, April 11 /PRNewswire-FirstCall/-- American Axle & Manufacturing (AAM), which is traded as AXL on the NYSE, announced today that it has reached agreements with the unions representing its associates in England, Mexico and Scotland.
"All of AAM's hourly associates at AAM de Mexico and our wholly-owned subsidiary Albion Automotive in the United Kingdom have union representation," said AAM Co-Founder, Chairman & CEO Richard E. Dauch. "The recently signed agreements in Mexico and the United Kingdom achieved a market competitive labor cost structure in those regions where the facilities are located. This was all done quietly, professionally, responsibly and effectively with no production disruption."
AAM is a world leader in the manufacture, engineering, design and validation of driveline and drivetrain systems and related components and modules, chassis systems and metal-formed products for trucks, sport utility vehicles, passenger cars and crossover utility vehicles. In addition to locations in the United States (Michigan, New York, Ohio and Indiana), AAM also has offices or facilities in Brazil, China, Germany, India, Japan, Luxembourg, Mexico, Poland, South Korea, Thailand and the United Kingdom.
Looks like American Axle has 4 locations in the US and 9 locations other than the US.(according to the newswire)
hummmm wouldn't be that much trouble to move production of the 4 in the US into the remaining 9 world wide. After all they have had almost 8 weeks now to move everything since they aren't producing anything anyhow. I am sure GM would be pleased to know their axles will be coming from more than just Mexico shortly.
If the strikers stay out for another week or 2 the buildings may be cleaned out before they even see the inside of the buildings again.
Since right now the strikers are striking "without" a union contract. It expired remember.
So American Axle can do what it wants because there is no contract to follow right now. It expired back in February.