• AXL:

  • Price:

    $10.27

  • 0.49 (5.01%)

  • Day High:

    $10.28

    Day Low:

    $9.36

AXL:

Price:

$10.27

Day High:

$10.28

0.49 (5.01%)

Day Low:

$9.36

Investor News

Investor News

2/23/2021

AAM to Present at the Wolfe Global Autos Conference on February 25

DETROIT, Feb. 23, 2021 - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Wolfe Global Autos Conference on February 25. Starting at 8:00 a.m. ET, David C. Dauch, AAM’s Chairman and Chief Executive Officer, will discuss recent business developments.

A live audio webcast will be accessible through the Investor Relations page on AAM’s website (www.aam.com). A replay of the webcast will be available following the event.

About AAM

AAM (NYSE: AXL) delivers POWER that moves the world. As a leading global tier 1 automotive supplier, AAM designs, engineers and manufactures driveline and metal forming technologies that are making the next generation of vehicles smarter, lighter, safer and more efficient. Headquartered in Detroit, AAM has approximately 20,000 associates operating at nearly 80 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership. To learn more, visit aam.com.

Our presentation may contain “forward-looking” statements that are subject to risks and uncertainties described in our most recent filings on Form 10-K and Form 10-Q with the Securities and Exchange Commission, and actual results may differ materially. Our presentation also may include certain non-GAAP financial measures. Information regarding these non-GAAP measures, as well as a reconciliation of these non-GAAP measures to GAAP financial information, is available on AAM’s website (www.aam.com).

 

2/22/2021

AAM Awarded 2020 Dorian Award for Problem Solving Cultural Excellence

DETROIT, Feb. 22, 2021– American Axle & Manufacturing has been awarded a 2020 Dorian Award for Y to X® Problem Solving Cultural Excellence from Shainin – The Red X® Company. The prestigious Dorian Awards are presented annually to individuals or organizations who have demonstrated excellence in solving or preventing complex problems.  The award is named for Dorian Shainin the inventor of Red X methodologies and the founder of the company.

“Y to X® Problem Solving is a highly disciplined, structured approach to find the hidden causes driving complex problems,” said Richard D. Shainin, Executive Vice President, Shainin. “American Axle & Manufacturing has been recognized for creating an infrastructure and support system that empowers teams to find the hidden causes in manufacturing systems or products impacting performance.”

Shainin develops statistical, engineering and management tools for revealing the hidden causes that keep complex systems from performing their best.

AAM utilizes Shainin problem solving throughout its global enterprise and has developed an AAM apprentice course that has been approved by Shainin. During 2020, AAM completed 66 Shainin projects. Additionally, 44 AAM Associates were certified by Shainin as Apprentices, three newly certified as Journeymen and one newly certified Master in 2020.

“During the COVID-19 pandemic AAM seamlessly shifted to a virtual training in order to continue our global Shainin efforts without interruption,” said Mark Barrett, AAM Vice President, Quality, Warranty & Program Management. “We now have more than 325 AAM Associates around the world who are trained in Shainin tools and we will continue to train and grow our associates in this critical problem-solving methodology.” 

  • 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