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Associated Asset Management history
Associated Asset Management company history timeline
Passion for Manufacturing, published in 1993, contained 280 pages of wisdom from the renowned automotive authority that eventually would be sold in 80 countries and used as a textbook in numerous colleges and universities.
His investments and changes in manufacturing techniques drove the company's sales up to $2.2 billion in 1996, by which point his efforts had produced sufficient tangible results to attract a large cash infusion.
1997: Blackstone Capital Partners acquires a controlling stake in AAM.
In 1998, the company acquired Scotland-based Albion Automotive (Holdings) Limited, a supplier of front steerable and rear axles, driving heads, crankshafts, chassis components, and transmission parts.
The dramatic improvements drove the growth of the company, enabling it to edge past the $3-billion-in-sales mark in 2000, 84.5 percent of which was derived from sales to GM.
In 2001, progress in the company's customer diversification was highlighted by two contracts.
By the end of 2003, AAM derived 80 percent of its revenue from products featuring new technology.
2004: AAM dedicates a new world headquarters building in Detroit.
The company received a new contract to supply GM with a new driveline system in 2006, a deal of tremendous importance to its future business.
Due to restrictions around COVID-19, the museum accreditation process was done virtually in spring 2021, following extensive self-studies and reports.
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Associated Asset Management competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| AccountAbility | 1995 | $5.7M | 7 | 1 |
| Cannon | 1976 | $160.0M | 910 | 98 |
| Reef | 1984 | $16.0M | 226 | 112 |
| Morgan Buildings | 1961 | $76.0M | 350 | - |
| Cleveland National Air Show | 1967 | $72,000 | 1 | - |
| Brown's Enterprises | 1987 | $8.6M | 125 | - |
| Western Services Corporation | 1995 | $1.1M | 15 | - |
| Findley Davies | - | $840,000 | 50 | - |
| BSC Group | 1965 | $17.5M | 200 | 157 |
| Sullivan Group HR | 1986 | $2.0B | 3,000 | 4 |
Associated Asset Management history FAQs
Zippia gives an in-depth look into the details of Associated Asset Management, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Associated Asset Management. The employee data is based on information from people who have self-reported their past or current employments at Associated Asset Management. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Associated Asset Management. The data presented on this page does not represent the view of Associated Asset Management and its employees or that of Zippia.
Associated Asset Management may also be known as or be related to AAM LLC, AAM, LLC, Aam, Aam, LLC, Associated Asset Management and Associated Asset Management (aam).