Axle to shut Detroit plant after union talks fail

Newswire

DETROIT, June 30 (Reuters) - American Axle & Manufacturing Holdings plans to close its Detroit manufacturing complex in February after its talks with the United Auto Workers union broke down, according to media reports. About 300 hourly and salaried workers will be affected by the closure, Christopher Son, a spokesman for the Detroit-based supplier told Automotive News. The trade publication reported that Axle wanted to reduce compensation to $30 an hour, down from $45 an hour. ...

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