AMERICAN AXLE & MANUFACTURING HOLDINGS INC
424B3, 1999-02-18
MOTOR VEHICLE PARTS & ACCESSORIES
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                                                          Rule 424(b)(3) and (c)
                                                          333-53491


                       SUPPLEMENT DATED FEBRUARY 12, 1999
                      TO PROSPECTUS DATED JANUARY 28, 1999
 
                         AMERICAN AXLE & MANUFACTURING
                                 HOLDINGS, INC.
 
     The following information supplements and amends the Prospectus, dated
January 28, 1999, of American Axle & Manufacturing Holdings, Inc. (the
"Company") relating to the issuance and sale of 7,000,000 shares (excluding the
Underwriters' over-allotment options) of common stock, par value $.01 per share,
of the Company. This Supplement should be read in conjunction with the
Prospectus dated January 28, 1999.
 
     On February 12, 1999, the Company announced the signing of a definitive
agreement to acquire all of the outstanding stock of Colfor Manufacturing, Inc.
("Colfor") for a cash purchase price ranging from $160 million to $170 million,
depending on certain purchase price adjustments. Colfor specializes in precision
cold, warm and hot forgings, and operates three manufacturing facilities in
Ohio. Giving effect as of January 1, 1998 to Colfor's October 1998 acquisition
of Valley Forge, Inc., Colfor's pro forma net sales for 1998 would have been
approximately $126 million. The Company intends to finance the acquisition
through the use of a portion of the proceeds of its anticipated high-yield
subordinated debt offering. The transaction is subject to customary closing
conditions, including approval of regulatory authorities, and there can be no
assurance that the transaction will be consummated.



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