American Axle expects backlog to rise 4%
Dec 10, 2012 | 05:49 PM
| Corinna Petry
Tags
American Axle & Manufacturing,
David C. Dauch,
order backlog,
drivetrain components,
General Motors,
Chrysler,
Tata,
Daimler
Ford
CHICAGO — American Axle & Manufacturing Holdings Inc. says it has a backlog of new and incremental business launching from 2013 through 2015 that it values at $1.25 billion in future annual sales.
The backlog represents a 4-percent gain from the previous three-year backlog for 2012-14, the Detroit-based company said, ascribing the growth to American Axle’s exposure to global growth markets, an innovative product portfolio and a widening customer base.....
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