AXL ready to invest millions if labor pact reached

Newswire

DETROIT, April 25 (Reuters) - American Axle & Manufacturing Holdings Inc is prepared to invest $250 million to $300 million at its U.S. plants if it reaches a cost-effective labor agreement with striking workers, Chief Executive Dick Dauch said on Friday. "American Axle is prepared to invest up to $250 to $300 million in this next four-year period ... at these facilities if a U.S. market-competitive labor cost structure is achieved," Dauch told analysts and reporters on a conference ...

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