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AXL:
Price:
$6.18
Day High:
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0.08 (1.31%)
Day Low:
$6.18
AAM to Participate in Morgan Stanley’s 12th Annual Laguna Conference
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AAM is scheduled to webcast the fireside chat presentation at 3:45 p.m. PT on September 12. The 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.
Investor News
Investor News
9/20/2024
Milestone Moments: AAM’s World Headquarters
Picture a vibrant, state-of-the-art facility strategically nestled near the heart of Detroit's automotive industry, where innovation meets seamless communication with some of the world's largest automakers. This is AAM’s World Headquarters (WHQ)—a place where ideas come to life and global operations are steered with precision and passion. Continue reading to learn more about the history and core elements of AAM’s World Headquarters.
Completed in 2004, the AAM WHQ is more than just your ordinary office building—it's the nerve center of global operations. Spanning 250,000 square feet and rising seven stories high, this facility embodies AAM’s commitment to Quality, Technology Leadership and Operational Excellence. The headquarters was designed to consolidate many of AAM’s corporate departments into a single location to enhance organizational efficiency. In the past, corporate administrative personnel and executives were scattered around several buildings on the older Detroit Campus. This central location has streamlined operations and improved collaboration across the organization.
Strategically located near many major customers, the WHQ plays a crucial role in ensuring excellent communication and responsiveness, on top of delivering world-class products and technology. The proximity helps us stay closely connected with our clients to provide high levels of service and support that is essential in the fast-paced automotive industry.
The building is a standout example of modern engineering. Constructed using 2,000 tons of structural steel and adorned with approximately 10,000 square feet of marble flooring, the headquarters showcases both durability and strength. Over 30 conference rooms and collaborative spaces are spread throughout, helping create a culture of teamwork. The building also features an auditorium for large-scale events and a café that serves as a hub for Associates to connect and recharge.
The creation of this landmark was not a small feat. It took 24 months and over 500,000 man-hours to bring the vision to life. Situated on six acres of landscaped land, complete with 9,000 yards of sod and approximately 500 trees and shrubs, the headquarters is as much a symbol of AAM’s deep-rooted connection to Detroit as it is of its forward-thinking approach to automotive technology.
The WHQ and our broader Detroit Campus have greatly contributed to Detroit’s revitalization and economic growth. By creating jobs, supporting local businesses and investing in community initiatives, AAM has been a key player in the city’s resurgence. The building stands as a testament to our commitment to our Associates, customers and community.
Click here to learn more about AAM’s global presence and other state-of-the-art facilities that are #BringingTheFutureFaster.
AAM Milestone Moments is a monthly series celebrating and reflecting on key achievements in AAM’s 30-year history. Ranging from watershed innovations and technological advances to foundational programs and community initiatives that are part of AAM’s DNA, these AAM Milestone Moments will each tell an important piece of the AAM story.
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9/5/2024
AAM to Present at Morgan Stanley’s 12th Annual Laguna Conference on September 12
DETROIT, September 5, 2024 - - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Morgan Stanley’s 12th Annual Laguna Conference on September 12.
AAM is scheduled to webcast the fireside chat presentation at 3:45 p.m. PT. The 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
As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. 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).
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For more information:
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Investor Contact David H. Lim (313) 758-2006
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Media Contact Christopher M. Son |
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- 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
AAM to Participate in Morgan Stanley’s 12th Annual Laguna Conference
Add to:
AAM is scheduled to webcast the fireside chat presentation at 3:45 p.m. PT on September 12. The 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.
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Forward-Looking Statement
On this website and elsewhere in attached materials, we make statements concerning our expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to trends and events that may affect our future financial position and operating results. The terms such as “will,” “may,” “could,” “would,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “project,” "target," and similar words or expressions, as well as statements in future tense, are intended to identify forward-looking statements.
Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and may differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to:
- 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.
It is not possible to foresee or identify all such factors and we make no commitment to update any forward-looking statement or to disclose any facts, events or circumstances after the date hereof that may affect the accuracy of any forward-looking statement.
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