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  1. #1

    Default American Axle & Manufacturing closes plant.


  2. #2

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    Companies are greedy.

    So are unions.

  3. #3

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    Quote Originally Posted by 48091 View Post
    Companies are greedy.

    So are unions.
    Companies are GREEDIER. I bet that ...... bag Richard Dauch isn't clipping coupons these days. Executive Compensation is what's destroying this country.

  4. #4

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    Has anyone heard if their "World Headquarters" that is actually in Detroit is staying open?

  5. #5

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    Not surprised, coming a week or two after the annoucement from McClure Pickles.

    So we trade thousands of well-paying manufacturing jobs for 20 pickle jobs. Brilliant planning by our leaders!!!

  6. #6

    Default

    Quote Originally Posted by 313WX View Post
    Not surprised, coming a week or two after the annoucement from McClure Pickles.

    So we trade thousands of well-paying manufacturing jobs for 20 pickle jobs. Brilliant planning by our leaders!!!
    What did our "leaders" have to do with it? I have seen this before where a company keeps an under-performing facility open because of political correctness or because of sentiment. They end up being a real money sink.

  7. #7

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    Quote Originally Posted by Hermod View Post
    What did our "leaders" have to do with it?
    Per my sources, the ultimate reason AAM left is because the city of Detroit took away their tax breaks.

  8. #8

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    Quote Originally Posted by 313WX View Post
    Per my sources, the ultimate reason AAM left is because the city of Detroit took away their tax breaks.
    What tax breaks? Why were they taken away?

  9. #9

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    Quote Originally Posted by swingline View Post
    What tax breaks? Why were they taken away?
    I'm not so sure about that. They moved all those jobs to Mexico after/during a fractious UAW strike. [[I had to drive by it day after day.) Then they became "Mexican Axle" and I'm not sure it had anything to do with tax breaks. A lot of the plant, if not most, is in Hamtramck, and Hamtramck was really hit hard by that.

  10. #10

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    Quote Originally Posted by swingline View Post
    What tax breaks? Why were they taken away?
    http://www.freep.com/article/2011120...-American-Axle

  11. #11

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    Quote Originally Posted by swingline View Post
    What tax breaks? Why were they taken away?
    http://www.hamtramckreview.com/2011/...0%99s-getting/

  12. #12

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    Quote Originally Posted by 313WX View Post
    Not surprised, coming a week or two after the annoucement from McClure Pickles.

    So we trade thousands of well-paying manufacturing jobs for 20 pickle jobs. Brilliant planning by our leaders!!!
    You gotta start somewhere!

  13. #13

    Default

    Nice PC terminology there, DN. I'm sure the Mexicans appreciate your all-knowing commentary.

    In any event, most suppliers [[and automotives) have begun a mass exodus of these "offshore" entities as they have finally realized that the potential gain they thought they would get by going cheaper with the services they were receiving was a disaster, and, in the end, they spent more fixing the mistakes from going offshore than they bargained for.


    Ford, for a fact, has not only brought work back but is now doing a MAJORITY of both design and manufacturing in house......

  14. #14

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    Quote Originally Posted by PlymouthRes View Post
    Nice PC terminology there, DN. I'm sure the Mexicans appreciate your all-knowing commentary.
    It is a nice gag. I wish I could take credit for it, but I've heard it around Hamtramck as a running joke. For the people who lost their jobs or for the residents of a city that took a huge tax hit, it's black humor, trust me.

  15. #15

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    Quote Originally Posted by PlymouthRes View Post

    In any event, most suppliers [[and automotives) have begun a mass exodus of these "offshore" entities as they have finally realized that the potential gain they thought they would get by going cheaper with the services they were receiving was a disaster, and, in the end, they spent more fixing the mistakes from going offshore than they bargained for.


    Ford, for a fact, has not only brought work back but is now doing a MAJORITY of both design and manufacturing in house......
    Every source I have found shows domestic parts content on Ford vehicles consistently going down, not up. If you have anything to show that what you say it true please post a link. I would be very interested in seeing it.
    Last edited by Johnnny5; February-26-12 at 02:33 PM.

  16. #16

    Default

    Although this tax break has nothing to do with the closing of the plant yesterday.

  17. #17

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    Actually, almost the entire American Axle complex is on the Detroit side of the border. One complete building on St. Aubin south of Holbrook is in Hamtramck, as well as only part of the building at St. Aubin and Holbrook [[the city border runs right down the factory floor), and a couple of parking lots.

  18. #18

    Default

    I just read a story on AAM that stated that the world headquarters was built in 04.
    Does anyone know what was there prior to 04? Also were the factory buildings part of another company or were they built around the same time?

  19. #19

    Default

    Shareholders, CEO, Board, OEMs, End Customers.... they all didn't care enough.

    So, why not make more money?

    If you work at the Coca Cola plant and see co-workers walking around drinking Pepsi because its less expensive... do you speak up, join them, or whine?

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