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Here's How Your Trade American Axle & Manufacturing Holdings Inc. (AXL) Aggressively Right Now

Here's How Your Trade American Axle & Manufacturing Holdings Inc. (AXL) Aggressively Right Now
newsheater.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsheater.com Daily Mail and Mail on Sunday newspapers.

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American Axle & Manufacturing Says Inventory Levels On Key Light Truck Programs That We Support Remain Well Below Normal Levels - Conf Call

American Axle & Manufacturing Says Inventory Levels On Key Light Truck Programs That We Support Remain Well Below Normal Levels - Conf Call
cmlviz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cmlviz.com Daily Mail and Mail on Sunday newspapers.

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Israeli Startup REE Plans Merger With 10X Capital SPAC

Israeli Startup REE Plans Merger With 10X Capital SPAC
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Manufacturers hunt for deals amid pandemic wreckage | Hellenic Shipping News Worldwide

Manufacturers hunt for deals amid pandemic wreckage
The COVID-19 pandemic has been a disaster for many U.S. manufacturers, but it is also creating acquisition opportunities.
Cary Wood, chief executive of Grede Holdings LLC, saw business plunge 90% earlier this year as the auto plants and heavy equipment producers that use his metal parts shut down, followed by a bumpy recovery. But he’s upbeat these days and, in the last two months, he’s opened negotiations aimed at acquiring seven smaller foundries.
“I can wait out the cycle,” Wood said, “but many of these guys can’t.”
Grede, carved out of publicly traded American Axle & Manufacturing Holdings Inc last year, is backed by a private equity firm and was already hunting for acquisitions before the crisis hit. But Wood said the rate of deal talks is far higher than a year ago, when he was running the foundry company that merged with Grede as part of the buyout. And it is similar to a wave of restructuring ....

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Manufacturers Hunt For Deals Amid Pandemic Wreckage

Last month s presidential election is also a factor for some companies, he said, noting that one of the companies he s talking to is family owned and is concerned about potential tax changes under Democrat Joe Biden s incoming administration., , manufacturers, economic downturn, COVID-19 Pandemic ....

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