American Axle, FormTech swap assets

Dec 05, 2008 | 12:47 PM | Michael Cowden

Auto parts supplier American Axle & Manufacturing Holdings Inc. (AAM) and FormTech Industries LLC are wheeling and dealing.

Detroit-based AAM said Friday it had traded its hub and spindle forging business for FormTech's differential gear, hypoid pinion and ring gear forging operations.....

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