A $5 million gift from the foundation of Mort Harris, the late co-founder of American Axle & Manufacturing, and his wife to the Detroit Institute of Arts will fund a new collection focused on automotive, industrial, and decorative design.
Detroit-based American Axle & Manufacturing Holdings Inc., the $773 million auto-parts supplier, is exploring a potential sale, according to people familiar with the matter.The company has hired an adviser to help with the process, the people said, asking not to be identified discussing private…
The Henry Ford has received a $3 million gift from the foundation of the late Mort Harris, a decorated World War II pilot and one of the founders of American Axle & Manufacturing Inc. Harris, who died last year at the age of 101, helped build American Axle after its spinoff from General Motors…