American Axle & Manufacturing to Invest $100M in Three Rivers, MI


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American Axle & Manufacturing Holdings,Inc. (NYSE: AXL), announced today that it isinvesting more than $100 million in its Three Rivers Manufacturing Facilitylocated in Three Rivers, Michigan. The investment, which will be completed byDecember 2013, is expected to create more than 500 new jobs while furtherdiversifying AAM's product portfolio and customer base in North America.The investment represents the installation of new production lines, multipleassembly stations, paint line modifications, additional shipping and receivingcapacity and upgrades to the facility's business offices and lobby. Tocomplete the project, AAM has sourced millions of dollars of business toMichigan-based companies, and in turn, is positively impacting multiplecommunities in the state.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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