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1994-2000 |
COMPANY OVERVIEW |
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1994
- March 1, 1994, AAM is formed by Richard E. Dauch and a group of investors – the following facilities are included in the purchase:
- Detroit Gear & Axle – Michigan
- Detroit Forge – Michigan
- Buffalo Gear & Axle – New York
- Tonawanda Forge – New York
- Three Rivers Propshaft - Michigan
1995
- AAM Technical Center opened in Rochester Hills, Michigan
- Buffalo Gear & Axle opens paint facility
- AAM developed new alternate material for driveshafts – Metal Matrix Composite (MMC) and aluminum
1996
- AAM awarded by General Motors the Full-Size Truck driveline program
- AAM engineered and developed new, state-of-the-art axles
- AAM introduced new Independent Rear Drive System
- AAM introduced complete range of TracRite® traction enhancing differentials
- AAM introduced new Axle Cooler technology
- R.E. Dauch awarded Industry Leader of the Year by the Automotive Hall of Fame
1997
- Blackstone Group invested in AAM
- Tokyo Business Office is opened in Tokyo, Japan
- AAM produced 10 millionth axle
- R.E. Dauch awarded Manufacturer of the Year by National Association of Manufacturers
- R.E. Dauch named Crain’s Detroit Newsmaker of the Year
- R.E. Dauch awarded Ellis Island Medal
1998
- Groundbreaking for the greenfield facility, Guanajuato Manufacturing Complex in Mexico
- AAM acquired Albion Automotive located in the United Kingdom
- Groundbreaking for the Education and Health Center at Tonawanda Forge
1999
- AAM joined the NYSE, becoming a publicly traded company on January 29, 1999, with the ticker symbol: AXL
- AAM opened a European Business Office in Ulm, Germany
- AAM do Brasil is established in Curitiba, Brazil
- Colfor Manufacturing is acquired by AAM, with locations in Malvern, Minerva and Salem, Ohio
- MSP Industries is acquired by AAM, with locations in Oxford and Centerline, Michigan
- AAM launched the Manufacturing System program
2000
- Production began at Guanajuato Manufacturing Complex
- Guanajuato Forge begins construction in Mexico
- Cheektowaga Manufacturing Facility is opened in Cheektowaga, New York
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