Publicly traded American Axle & Manufacturing has agreed to sell its US iron casting operations (Grede) to Gamut Capital for $245 million, consisting of $185 million in cash and $60 million in deferred payment obligations. Through its 10 foundries, Grede manufactures, assembles and supplies ductile, gray, and specialty iron castings and machined components. Grede’s products […]
October 11, 2026
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