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PETERS WELCOMES AXLETECH WORLD HEADQUARTS TO TROY

FOR IMMEDIATE RELEASE
Friday September 17, 2010

CONTACT: Alan Mlynek
Office: (202) 225-5802

PETERS WELCOMES AXLETECH WORLD HEADQUARTS TO TROY

New state-of-the-art facility will create 120 new full-time positions

(Troy, MI) – Congressman Gary Peters attended the grand opening of the new AxleTech International world headquarters in Troy, Michigan today.  AxleTech is a global provider of axles, suspensions, brake systems and aftermarket components for heavy duty commercial and military vehicles.  The new 210,000 square foot facility will be staffed by nearly 200 employees, 120 of which will be new full-time salaried positions.

AxleTech is adding skilled workers, helping Michigan to lead in advanced manufacturing, and providing more proof that fighting for the auto industry and its workers while it restructured was the right thing to for Michigan jobs,” said Rep. Peters.  “We need to do everything in our power to fight for companies like AxleTech that are investing in America and creating jobs in America."

 “AxleTech has experienced steady growth over the last few years and our new headquarters facility will enhance our capability to produce, deliver and service high-quality products for our customers worldwide,” said Mary Petrovich, general manager and senior executive of AxleTech.  “More importantly, the co-location of AxleTech’s expertise in design, development, testing, sales and service in our new Troy facility will allow us to exceed customer expectations for customized applications and speed to market.”

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