Source:
Associated PressDETROIT
American Axle and Manufacturing Holdings Inc. has turned over confidential financial information to the United Auto Workers union in a bid to speed negotiations aimed at ending a five-week strike over wages and benefits.
The auto supplier said Tuesday it turned over the information last week after the Detroit company and the UAW signed a confidentiality agreement. The UAW said American Axle provided additional information to bargainers on Tuesday.
"We are in the process of reviewing the information provided by the company, to determine if it is fully responsive to our requests," UAW Vice President James Settles Jr. said in a statement.
Settles said the UAW requested detailed financial information from American Axle and offered to sign a confidentiality agreement on Dec. 7, but the company didn't respond. Settles said the company's failure to provide the financial information was one of the reasons the union went on strike Feb. 26.
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