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AXL:
Price:
$4.41
Day High:
$4.47
0.05 (-1.12%)
Day Low:
$4.33
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6/18/2025
AAM Recognizes Top Suppliers with Awards
DETROIT, June 18, 2025 -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL), a leading global Tier 1 automotive supplier of driveline and metal forming technologies, named top suppliers during their Supplier Day event. The annual event recognizes key suppliers with Supplier of the Year Awards and Supplier Excellence Awards across delivery, quality, launch performance, innovation and sustainability.
“It’s an honor every year to recognize our top performing supplier partners who go above and beyond for AAM and contribute to the automotive industry,” said David C. Dauch, AAM Chairman and Chief Executive Officer. “They are an integral part of our business and demonstrate excellence in their operations and service. Congratulations to our Supplier of the Year and Supplier Excellence Award winners.”
This year, three suppliers received AAM’s top awards for overall performance.
AAM’s first 2025 Supplier of the Year Award for Direct Material was presented to Baoding Dongli Machinery Co., Ltd., a partner for over 20 years that provides 88 iron-casting, steel-forging and aluminum parts to multiple AAM Manufacturing Facilities in Europe and China. Among other achievements, this supplier demonstrated a collaborative approach to its relationship with AAM by establishing local warehouses near AAM’s European facilities.
AAM’s second 2025 Supplier of the Year Award for Direct Material was presented to Steel Dynamics Inc. – Engineered Bar Products Division. The company supplies multiple AAM Metal Forming facilities with SAE-grade engineered special bar quality (SBQ) products and operates a bar finishing facility that offers key downstream processes including turning, polishing, straightening and other critical finishing operations. This supplier demonstrated the ability to provide nearly 75,000 tons of steel to our facilities with outstanding quality performance.
AAM’s third 2025 Supplier of the Year Award for Indirect Material was presented to Okuma America Corporation, a global leader in computer numeric control (CNC) machine tools, controls and automation systems. Okuma has consistently delivered high-quality machining centers that have played a key role in advancing AAM’s manufacturing capabilities.
Additionally, 13 other suppliers were honored with AAM Supplier Excellence Awards for their demonstrated success in delivery, quality, launch performance, innovation and sustainability. The awardees are:
Delivery:
- Mecanica Garcia Industrial
- Warren Industries
- Webco Industries, Inc.
Quality:
- Bocar
- Guangdong Hongteo Technology Co., Ltd.
- Tubos De Acero De Mexico S.A. (Tenaris)
Launch Performance:
- Johnson Electric Otomotiv Ürünleri Limited Şirketi
- Wayne Manufacturing
- Zouping Tiansheng Metal Technology Co., Ltd.
Innovation:
- Ansys
- Apera AI
- Neural Concept
Sustainability:
- CEVA Logistics
AAM has recognized exceptional suppliers each year since its founding in 1994. AAM Associates from global procurement, engineering, supplier quality, manufacturing and supply chain management selected this year's award winners based on several criteria including delivery performance, product quality, launch execution, sustainability commitment and technology leadership.
About AAM
As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 75 facilities in 16 countries, AAM is Bringing the Future Faster for a safer and more sustainable tomorrow. To learn more, visit www.aam.com.
About Baoding Dongli Machinery Co., Ltd.
Baoding Dongli Machinery Co., Ltd., was established in September 1998, with two production sites in Baoding Dongli and Shandong Anuoda, as well as two sales companies, Dongli Germany and Dongli USA. The company has developed four product series engine damper parts, chassis suspension shock absorber assemblies, transmission parts and other precision parts, with 800+ products in total. To learn more, visit www.bddlm.com.
About Steel Dynamics
Steel Dynamics is a leading industrial metals solutions company, with facilities located throughout the United States, and in Mexico. The company operates using a circular manufacturing model, producing lower-carbon-emission, quality products with recycled scrap as the primary input. Steel Dynamics is one of the largest domestic steel producers and metal recyclers in North America, combined with a meaningful downstream steel fabrication platform. The company is also currently investing in aluminum operations to further diversify its product offerings, with plans to supply aluminum flat rolled products with high recycled content to the countercyclical sustainable beverage can industry, in addition to the automotive and industrial sectors. Steel Dynamics is committed to operating with the highest integrity and to being the safest, most efficient producer of high-quality, broadly diversified, value-added metal products. To learn more, visit http://www.steeldynamics.com.
About Okuma Corporation
Okuma America Corporation is the U.S.-based sales and service affiliate of Okuma Corporation, a world leader in CNC (computer numeric control) machine tools, controls and automation systems. The company was founded in 1898 in Nagoya, Japan, and is the industry’s only single-source provider of CNC machines, controls, drives, motors, encoders, spindles and automation systems, all manufactured by Okuma. The company designs its own CNC controls to integrate seamlessly with each machine tool’s functionality. In 2014 Okuma launched the Okuma App Store, the industry’s only centralized online marketplace for machine tool apps and related content. Along with its extensive distribution network (largest in the Americas), and Partners in Technology network of enhanced manufacturing technologies, Okuma is committed to helping users gain competitive advantages through the open possibilities of machine tools today and into the future. To learn more, visit www.okuma.com.
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Media Contact:
Christopher M. Son
Vice President, Marketing & Communications - AAM
(313) 758-4814
chris.son@aam.com
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6/11/2025
AAM Secures New Business to Support Scout Motors’ Iconic SUV and Truck Launch
DETROIT, JUNE 11, 2025 - - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced it has secured an agreement with Scout Motors to supply front electric drive units (EDUs) and rear e-Beam axles for the much-anticipated launch of the all-new electric Traveler SUV and Terra pickup truck.
Both the Scout Traveler SUV and Scout Terra pickup truck will be built on a body-on-frame chassis and configurable with 100 percent battery electric or gasoline fueled range-extended energy systems to give customers the confidence they need to electrify on their terms.
“We are honored to support the rebirth of the iconic Scout brand and play a significant role in these important vehicle launches with AAM’s award-winning electric drive technology,” said AAM Chairman and Chief Executive Officer, David C. Dauch. “Additionally, Scout and AAM share a commitment to American design, engineering and innovation with both companies having a strong presence in the U.S.”
Scout Motors is accepting reservations now, with initial production of the Traveler and Terra vehicles targeted to begin in 2027.
About AAM
As a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit, MI, with over 75 facilities in 16 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit www.aam.com.
About Scout Motors
The Scout, originally produced by International Harvester from 1961-80, was the world’s first utility vehicle capable of both off-road adventure and family duty. It was the 8-day-a-week truck. Scout is now an American icon whose heritage is kept alive by a dedicated community of doers who continue to push their vehicles on the farm, in the wilderness, and on family outings. Scout Motors was formed to craft the next era of trucks and rugged SUVs rooted in the same tradition that made the original Scout an American icon. Scout Motors is revitalizing a legend and returning manufacturing to American shores. To learn more, visit www.scoutmotors.com.
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For more information, contact:
Christopher M. Son
Vice President, Marketing & Communications, AAM
(313) 758-4814
chris.son@aam.com
Read More
- Experienced and proven management team
- Strong core business focused on high demand products, complimented by global profitable growth opportunities
- Flexible and variable cost structure with a proven track record of effectively adjusting our business to current market demand
- Superior profit margin and strong free cash flow yield driven by AAM's operating system and the benefit of vertical integration
- Highly innovative and scalable electrification propulsion technologies designed to accelerate growth and serve multiple regions, customers and vehicle segments
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Forward-Looking Statement
On this website and elsewhere in attached materials, we make statements concerning our expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to trends and events that may affect our future financial position and operating results. The terms such as “will,” “may,” “could,” “would,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “project,” "target," and similar words or expressions, as well as statements in future tense, are intended to identify forward-looking statements.
Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and may differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to:
- reduced purchases of our products by General Motors Company (GM), FCA US LLC (FCA), or other customers;
- reduced demand for our customers' products (particularly light trucks and sport utility vehicles (SUVs) produced by GM and FCA);
- our ability to develop and produce new products that reflect market demand;
- lower-than-anticipated market acceptance of new or existing products;
- our ability to respond to changes in technology, increased competition or pricing pressures;
- our ability to attract new customers and programs for new products;
- our ability to consummate and integrate acquisitions and joint ventures;
- risks inherent in our international operations (including adverse changes in trade agreements, tariffs, immigration policies, political stability, taxes and other law changes, potential disruptions of production and supply, and currency rate fluctuations, including those resulting from the recent United States presidential election and the United Kingdom's vote to exit the European Union);
- negative or unexpected tax consequences;
- liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers;
- our ability to achieve the level of cost reductions required to sustain global cost competitiveness;
- supply shortages or price increases in raw materials, utilities or other operating supplies for us or our customers as a result of natural disasters or otherwise;
- our ability or our customers' and suppliers' ability to successfully launch new product programs on a timely basis;
- our ability to realize the expected revenues from our new and incremental business backlog;
- risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber attack and other similar disruptions;
- global economic conditions;
- our ability to maintain satisfactory labor relations and avoid work stoppages;
- our suppliers', our customers' and their suppliers' ability to maintain satisfactory labor relations and avoid work stoppages;
- price volatility in, or reduced availability of, fuel;
- our ability to protect our intellectual property and successfully defend against assertions made against us;
- our ability to attract and retain key associates;
- availability of financing for working capital, capital expenditures, research and development (R&D) or other general corporate purposes including acquisitions, as well as our ability to comply with financial covenants;
- our customers' and suppliers' availability of financing for working capital, capital expenditures, R&D or other general corporate purposes;
- changes in liabilities arising from pension and other postretirement benefit obligations;
- risks of noncompliance with environmental laws and regulations or risks of environmental issues that could result in unforeseen costs at our facilities;
- adverse changes in laws, government regulations or market conditions affecting our products or our customers' products (such as the Corporate Average Fuel Economy (CAFE) regulations);
- our ability or our customers' and suppliers' ability to comply with the Dodd-Frank Act and other regulatory requirements and the potential costs of such compliance; and
- other unanticipated events and conditions that may hinder our ability to compete.
It is not possible to foresee or identify all such factors and we make no commitment to update any forward-looking statement or to disclose any facts, events or circumstances after the date hereof that may affect the accuracy of any forward-looking statement.