AAMCO Transmissions is geared for transmission repair. The company is a leading franchiser of transmission fix-it facilities, with about 900 independently owned and operated shops throughout the US, Canada, and Puerto Rico. In addition to transmission work, AAMCO locations provide automotive cooling and electrical system repairs, as well as other general maintenance services. The company was established in 1963 by Robert Morgan and MAACO founder Anthony Martino. Today it operates alongside sister franchiser Cottman Transmission under holding company American Driveline Systems, itself a subsidiary of investment firm American Capital.
The AAMCO and Cottman chains together have about 1,100 locations to their credit. They have served more than 35 million customers over the years, and their major markets include California, Florida, New Jersey, Pennsylvania, and Texas. American Capital has owned AAMCO since 2006, when it acquired a controlling stake in the franchiser to combine it with Cottman, which offers similar services.
The company has been encouraged to expand its operations because of increased demand for its services in recent years. As the US recovers from a deep recession, many Americans have embraced a thriftier lifestyle -- shunning new car purchases and favoring instead to keep and maintain the vehicles they already own. The company opened nearly 40 new outlets across North America in 2009 and about 35 in 2010. Targeting the mid-Atlantic region, AAMCO plans to add half a dozen new locations in central New York by 2015.
American Driveline Systems welcomed new leadership in 2009, naming Marc Graham as its president and CEO. He succeeded Todd Leff, who resigned earlier that year. Graham has logged more than three decades of experience in the automotive services industry and in recent years has presided over EZ Lube and Jiffy Lube. – less
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