American Axle & Manufacturing Announces New Wheel Bearing Hub Business

7 September 1999
American Axle & Manufacturing Announces New Wheel Bearing Hub Business
    DETROIT, Sept. 7 -- American Axle & Manufacturing, Inc.
has announced that it will begin production in December 1999 of
four new wheel bearing hubs and races for a new customer, SKF.
    The parts will be forged at American Axle & Manufacturing's (AAM's)
Tonawanda Forge Plant in New York and shipped to SKF's assembly plant in South
Carolina where they will be machined, assembled, then delivered to a variety
of end-customers.  Annual volumes for the four parts range from 100,000 to
more than 900,000 units annually.  Details of the sales contract were not
disclosed.
    SKF is the world's largest bearing hubs manufacturer with machining and
assembly plants around the globe.
    "This new contract expands our forged product offerings while conquesting
new business and diversifying our customer base," said Sales, Marketing &
Capacity Planning Vice President David C. Dauch.
    "We look forward to the launch of these new products," added Ronald J.
Allman, general manager of AAM's Forging Division which includes the Tonawanda
Forge facility.  "It will allow us to apply our latest, leading-edge
technology in hotforming to satisfy the requirements of a new customer."
    AAM is a world leader in the manufacture, engineering and design of
driveline systems, chassis systems and forged products for trucks, buses,
sport utility vehicles, and passenger cars.  In addition to its 13 locations
in the United States (in Michigan, New York and Ohio), AAM also has offices
and facilities in Mexico, Japan, England, Germany, and Scotland.
    Certain statements contained in this press release which are not
historical facts contain forward-looking information with respect to the
Company's plans, projections or future performance, the occurrence of which
involve risks and uncertainties that could cause the Company's actual results
or plans to differ materially from those expected by the Company which include
risk factors described in the Company's prospectuses with the Securities and
Exchange Commission.