American Axle contract ratified by UAW workers


DETROIT, May 22 (Reuters) - Workers at American Axle & Manufacturing Holdings Inc on Thursday ratified a contract that cuts wages and costs as the auto supplier's main Detroit plant voted to approve the deal, union officials said. The vote by United Auto Workers Local 235, which represents about 1,900 of 3,650 American Axle's unionized hourly workers, ended a three-month strike against the supplier and removed a major source of uncertainty for General Motors Corp, its largest customer.

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