STOCK TITAN

AAM Statement on the Passing of AAM Co-Founder Mort Harris

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

American Axle & Manufacturing (AAM) announced the passing of co-founder Mort Harris on May 7, 2021. AAM Chairman David C. Dauch expressed deep condolences, highlighting Harris's significant influence on the company's foundation. AAM was established in 1994 by Richard E. Dauch and Harris after acquiring the Final Drive and Forge business from GM. Today, AAM operates nearly 80 facilities globally with around 20,000 associates, focusing on quality and technology leadership as a top-tier automotive supplier.

Positive
  • Strong leadership and vision in founding AAM.
  • Global presence with approximately 20,000 associates across nearly 80 facilities.
Negative
  • None.

DETROIT, May 7, 2021 /PRNewswire/ -- American Axle & Manufacturing (AAM) issued the below statement on the passing of Mort Harris, who helped Richard E. Dauch establish AAM in 1994.  

"The AAM family was saddened to hear of the passing of Mort Harris," said AAM Chairman and Chief Executive Officer, David C. Dauch. "Mort was a great man and a special person that meant so much to so many. He certainly had a strong and positive influence on all that knew him. Mort lived an extraordinary life and was an accomplished businessman and philanthropist. His support was instrumental in the founding of American Axle & Manufacturing. We extend our deepest sympathies to the Harris family."

AAM was founded when Richard E. Dauch, formed a small investment team including Mort Harris, to purchase the Final Drive and Forge business from GM, which consisted of five facilities in the U.S. On March 1, 1994, AAM became a stand-alone, independent, multi-billion-dollar tier 1 automotive supplier.

Today, AAM delivers POWER that moves the world. As a leading global tier 1 automotive supplier, AAM designs, engineers and manufactures systems and technologies that are making the next generation of vehicles smarter, lighter, safer and more efficient. Headquartered in Detroit, AAM has approximately 20,000 associates operating at nearly 80 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.

About AAM

AAM (NYSE: AXL) delivers POWER that moves the world. As a leading global tier 1 automotive supplier, AAM designs, engineers and manufactures driveline and metal forming technologies that are making the next generation of vehicles smarter, lighter, safer and more efficient. Headquartered in Detroit, AAM has approximately 20,000 associates operating at nearly 80 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.  To learn more, visit aam.com.

Contact: Andrea Knapp
313-758-2730
andrea.knapp@aam.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/aam-statement-on-the-passing-of-aam-co-founder-mort-harris-301286810.html

SOURCE American Axle & Manufacturing Holdings, Inc.

FAQ

What did American Axle & Manufacturing say about Mort Harris's passing?

AAM expressed deep sorrow over Mort Harris's passing, calling him a great man and highlighting his positive influence.

When was American Axle & Manufacturing founded?

AAM was founded on March 1, 1994.

How many associates does AAM have?

AAM has approximately 20,000 associates.

In how many countries does AAM operate?

AAM operates in 17 countries.

What is American Axle & Manufacturing's stock symbol?

The stock symbol for American Axle & Manufacturing is AXL.

American Axle & Manufacturing Holdings, Inc.

NYSE:AXL

AXL Rankings

AXL Latest News

AXL Stock Data

699.72M
112.83M
3.99%
96.1%
4.27%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
DETROIT