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American Axle contract ratified by UAW workers

Thu May 22, 2008 10:10pm EDT

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DETROIT, May 22 (Reuters) - Workers at American Axle & Manufacturing Holdings Inc (AXL.N) on Thursday ratified a contract that cuts wages and costs as the auto supplier's main Detroit plant voted to approve the deal, union officials said.

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The vote by United Auto Workers Local 235, which represents about 1,900 of 3,650 American Axle's unionized hourly workers, ended a three-month strike against the supplier and removed a major source of uncertainty for General Motors Corp, GM.N its largest customer.

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