American Axle & Manufacturing Dedicates its New World Headquarters DETROIT, July 23 /PRNewswire-FirstCall/ -- American Axle & Manufacturing (AAM) dedicated its new world headquarters in Detroit, Michigan today, in a ceremony that included the Mayor of the City of Detroit, the Honorable Kwame Kilpatrick, and Detroit City Council President Maryann Mahaffey. The Honorable Jennifer Granholm, Governor of the State of Michigan delivered a videotaped message. "When this company was formed in 1994, it was a priority for us that we locate our headquarters in the city of Detroit, the motor capital of the world. The new AAM world headquarters tops off more than 10 years of improvements and contributions that we have made in the community," said AAM Co-Founder, Chairman & CEO Richard E. Dauch. "It is a true capstone for our corporation. Now, we have all our functional capabilities under one roof, for the first time in AAM's history." Constructed at a cost of more than $40 million, the new 250,000 square- foot AAM world headquarters building is home to the corporate offices and 628 AAM associates and executives from engineering, finance, human resources, legal, procurement, sales, marketing and manufacturing. The seven-story building was completed in 24 months, utilizing more than 500,000 man-hours of labor. It features a two-level parking structure, 30 conference rooms, an auditorium with capacity for more than 300 people, and a cafe with a seating capacity for more than 225 people. Associates began moving in July 2003 with final occupancy completed in December 2003. AAM is a world leader in the manufacture, engineering, design and validation of driveline systems and related components and modules, chassis systems and metal-formed products for light trucks, sport utility vehicles and passenger cars. In addition to its 14 locations in the United States (in Michigan, New York and Ohio), AAM also has offices and facilities in Brazil, England, Germany, India, Japan, Mexico and Scotland. Certain statements contained in this press release which are not historical facts contain forward-looking information with respect to the Company's plans, projections or future performance, the occurrence of which involves risk and uncertainties that could cause the Company's actual results or plans to differ materially from those expected by the Company which include risk factors described in the Company's filings with the Securities and Exchange Commission. For more information ... Carrie L.P. Gray Christopher M. Son Director, Media Relations Director, Investor Relations (313) 758-4880 (313) 758-4814 Or visit the AAM website at http://www.aam.com/ DATASOURCE: American Axle & Manufacturing CONTACT: Carrie L.P. Gray, Director, Media Relations, +1-313-758-4880, , or Christopher M. Son, Director, Investor Relations, +1-313-758-4814, , both of American Axle & Manufacturing Web site: http://www.aam.com/ Company News On-Call: http://www.prnewswire.com/comp/033813.html

Copyright