May 22, 2012 (Close-Up Media via COMTEX) -- American Axle & ManufacturingHoldings announced the grand opening of a second location of AccuGear, located in the city of Silao, Guanajuato[Mexico]. According to a release, AccuGear, a subsidiary of American Axle & Manufacturing,is dedicated to the production of metal formed products. The new AccuGear location in Silao joins the Guanajuato Manufacturing Complex asAmerican Axle & Manufacturing's second manufacturing facility in Mexico. Underthe leadership of Plant Manager Kevin Edmonds, the plant will manufactureprecision differential gears and assemblies to support a variety of customersand programs. David C. Dauch, President and COO, said, "The city of Silao offers us acentralized location to support our customers in both North America and SouthAmerica. We are dedicated to profitably growing AAM's AccuGear business byproviding competitive, quality, advanced-technology product solutions for ourtruck and passenger car programs." The AccuGear facility in Silao plans to expand by more than 19,000 square feet,resulting in a total workspace of 122,900 square feet. American Axle & Manufacturing is involved in the manufacture, engineering,design and validation of driveline and drivetrain systems and related componentsand modules, chassis systems, and metal-formed products for trucks, sportutility vehicles, passenger cars and crossover utility vehicles.
As an AXL shareholder I'm happy to see one of our subsidiaries are growing. As an American I am sad to see my co expanding in Mexico instead of, say Michigan or Illinois. Nor is Silao a logical location because it is land locked in the middle of Mexico miles away from anywhere. Silao is 185 straight line miles from Mexico City, 233 miles from the Pacific Ocean, 241 miles from Tampico on the Atlantic, 420 miles from Matamoros on the US/Mex border. Maybe AXL can hire a bunch of illegal aliens and ship them to the new plant in Mexico. Like killing 2 birds with 1 stone.
Unfortunatly UNIONS have caused this MASS movement of manufacturing jobs to Mexico, China and other low cost regions around the world. Customers like GM, Ford and other OEM's will not pay the high prices required to support high wages by UAW workers.
Glad to see AXL implementing a long term solution to grow and prosperity.