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Published on June 16, 2016

AAM Recognizes Key Suppliers

DETROIT, June 16, 2016 -- American Axle & Manufacturing (AAM), (NYSE: AXL) presented Supplier Recognition Awards to key supplier partners at the company's 22nd Annual Supplier Day. Madison-Kipp Corp., SKF and Xeeva, Inc. were honored for their contributions to helping AAM achieve its overall business objectives while providing customers with the latest driveline and drivetrain innovations. Madison-Kipp is a winner for the second time, while SKF and Xeeva are first-time award recipients.

"AAM's supplier community plays a critical role in our mission to provide our customers with high-quality, highly advanced products," said Jake Stiteler, executive director, Global Procurement for AAM. "Madison-Kipp Corp., SKF and Xeeva, Inc., each played a key role in AAM's success over the last year and we will continue to look to them and our other suppliers to help us exceed our customers' expectations in the future."

Madison-Kipp Corp. produces precision-machined components and system subassemblies for consumers in the automotive, industrial, lawn and garden and leisure-end markets. The company currently supplies AAM with multiple North American products across many OEM platforms.

SKF specializes in the supply of various seals and bearings in the automotive and industrial markets. SKF currently supports AAM globally for multiple product families.

Xeeva is a global provider of next generation, intelligent procurement solutions and provides AAM procurement and sourcing technology services.

AAM has presented Supplier Recognition Awards to exceptional suppliers each year since 1994. A team of AAM associates from procurement, engineering, quality assurance, manufacturing and materials management selected this year's award winners based on AAM's rating of its suppliers' product quality, delivery, service and technology leadership

For more information:

INVESTOR RELATIONS

David Lim

Head of Investor Relations

+1 (313) 758 2006

InvestorRelations@aam.com

MEDIA

Christopher Son

Vice President, Marketing & Corporate Communications

+1 (313) 758-4814

Contact
AMERICAN AXLE & MANUFACTURING

One Dauch Drive
Detroit, MI 48211-1198

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  • 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.
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