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Former Metaldyne CEO George Thanopoulos has again partnered with New York private equity firm KPS Capital Partners LP to build a new auto supplier.
American Axle posted record sales driven by strong light-truck production, as it continues to absorb the benefits of its Metaldyne acquisition.
American Axle, one year after announcing its $3.3 billion Metaldyne acquisition, saw the benefits of the blockbuster deal flow into its third-quarter earnings report.
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