Weston-Mott Company
Quick Summary
The Weston-Mott Company was an American firm founded by Charles Stewart Mott. Initially a family bicycle-tire manufacturing business, Mott expanded its operations to produce wheels for automobiles as well as bicycles. He moved the company to Flint, Michigan, in 1906 to be closer to the burgeoning automobile industry. In 1908, when General Motors was established, Mott exchanged a significant portion of his Weston-Mott holdings for GM stock. By 1913, Weston-Mott was the leading global supplier of automobile axles, and Mott traded his remaining shares for more General Motors stock. He became the largest stockholder of General Motors by 1942 and served on its board of directors until his death.1
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