AIAC AT THE HOUSE OF LORDS
For Immediate Release
June 23, 2025 – London, UK L. M. Levie, Chairman of American Industrial Acquisition Corporation (AIAC), a global industrial group with operations in five continents, attended the Sustainability Leaders Roundtable at the UK Parliament’s House of Lords on June 23, 2025. Hosted by the Right Honorable Baroness M. Pola Uddin, Member of the House of Lords, the conference focused on the following topics:
Sustainable Finance
Impact Investing
Innovation
Sustainable Development Goals Leadership
The Sustainabilty Leaders Roundtable delegates included senior executives from the following multinational commercial and investment banks, private equity firms, and energy investors:
JP Morgan
Citi
S&P Global
HSBC
Future Energy Global
Blackrock
Gresham House
SMBC Group
Cambridge CISL
ETF Partners
Prior to the conference, Baroness Udin personally greeted AIAC Chairman L. M. Levie and AIAC Senior Advisor Annette Selmeier at the entry gate of the House of Lords and offered them an extensive private tour of the Lords Chamber, Princes’ Chamber, Peer’s Lobby, Throne Room, and Library. The conference included a reception, lunch and networking session for the 50 invited global delegates.
Mr. Levie stated, “I am deeply grateful to Baroness Uddin for her exceptional leadership in convening this vital dialogue among key global financial and energy executives at the House of Lords. We found the discussions to be candid, spirited, and highly insightful. The Roundtable was particularly meaningful for AIAC, whose primary objective is to recycle, conserve, and protect resources—essential to creating and preserving value for our customers, employees, suppliers, and communities. Sustainability, efficiency, and impact investing have been integral to our global strategic mission for decades.
On a personal note, I am profoundly grateful for the Baroness's extraordinary warmth and gracious hospitality extended to my colleague and myself. Her personal tour of the House of Lords provided us with an invaluable appreciation of this monumental institution's millennial history, as well as its magnificent art and distinguished architecture."
About the House of Lords
The House of Lords is the upper chamber of the United Kingdom's Parliament, serving alongside the House of Commons in the UK's bicameral system. Its origins trace back to medieval England, when monarchs would summon nobles and bishops to provide counsel on matters of state. By the 14th century, this evolved into a more structured system with the nobility and clergy meeting separately from common representatives.
For centuries, the House of Lords was dominated by hereditary peers who passed their titles and parliamentary seats through their families, alongside bishops from the Church of England. This system reflected the feudal structure of medieval society, where political power was tied to land ownership and social rank.
The chamber underwent significant reforms as democratic principles gained prominence. The Parliament Acts of 1911 and 1949 fundamentally altered the balance of power, stripping the Lords of their ability to veto money bills and limiting their power to delay other legislation to one year. The most dramatic transformation came in 1999 under Tony Blair's government, when the House of Lords Act removed the automatic right of hereditary peers to sit in the chamber, eliminating over 600 hereditary peers while allowing 92 to remain as elected representatives of the hereditary peerage.
Today, the House of Lords consists of approximately 800 members. The majority are life peers appointed for their expertise, public service, or political contribution. The remaining members include the 92 surviving hereditary peers and 26 senior bishops from the Church of England, known as the "Lords Spiritual."
The House of Lords reviews and revises legislation passed by the House of Commons, often improving bills through detailed scrutiny. While it can delay most legislation for up to one year, it cannot permanently block bills approved by the Commons or delay money bills for more than one month. The chamber also conducts inquiries into important policy issues, drawing on members' diverse expertise across various fields.
The House of Lords represents a unique institution that has evolved from a chamber of medieval nobles to a modern revising body. While debates continue about its role and legitimacy in a democratic system, it provides thoughtful legislative revision while ultimately deferring to the democratically elected House of Commons.
About American Industrial Acquisition Corporation
American Industrial Acquisition Corporation (AIAC) is a diversified industrial group with manufacturing and distribution sites in 24 countries in North America, Europe, Africa, Asia, and Australia-New Zealand. AIAC has acquired and grown non-core subsidiaries and divisions of Boeing, Siemens, Lockheed Martin, Northrop Grumman, Raytheon, Johnson Controls, Merck, Pfizer, Astellas, Visteon, Carlyle, Ahlstrom, Tolko, Groupe Suez, Groupe Rexel, and many other leading multinational corporations.
AIAC companies serve companies and governmental entities worldwide in all major sectors, including aviation, space, defense, automotive, truck, rail, marine, petrochemical, solar, nuclear, food, confectionary, beverage, civil engineering and infrastructure, commercial construction, mining, dredging, disaster relief, education, medical devices, and pharmaceuticals. In addition, AIAC companies are exclusive, authorized distributors of leading branded industrial and consumer products and serve as critical suppliers for the construction of major airports, schools, hospitals, performing arts and sports centers, offices and hotels throughout Southeast Asia, Australia, and New Zealand. AIAC is a leading manufacturer of building, street, and highway signage in Europe, signage and illumination structures in North America, and a distributor of electrical products throughout France.
Of note, AIAC purchased Boeing Canada in 2005 and has produced over 10,000 unique components for every Boeing jet plane ever since, reliably serving Boeing from manufacturing facilities in North America. A leader in ultra-high precision jet engine component manufacturing, AIAC companies produce 2,200 fan blades for each jet engine produced by GE, Pratt & Whitney, Rolls Royce, and Honeywell.
AIAC companies actively support exploration into outer space, manufacturing critical components for launching and propelling spacecraft and satellites. AIAC customers in this sector include NASA, the European Space Agency, SpaceX, Blue Origin, and Boeing. AIAC companies also lead in the design and manufacture of undersea umbilical cables for worldwide oceanographic research.
AIAC companies produce the critical automotive wire and cable for Tesla, GM, Ford, Chrysler-Fiat, Toyota, and Nissan. In connection with its kraft paper manufacturing interests in Canada and the US, AIAC controls and sustainably manages 22 million acres of Manitoba, Canada forestland, an area equivalent in size to the nation of Hungary. AIAC affiliate, Metallwarenfabrik Gemmingen GmbH, located in Germany, designs, manufactures and distributes high performance, emergency portable power generators utilized in global conflict zones and during natural disasters.
For further information, please see:
About AIAC Philanthropy
AIAC and the AIAC Foundation support a wide range of nonprofit, nonsectarian, bipartisan organizations which promote international conflict resolution, disaster relief, economic development, environmental sustainability, exploration, and the performing arts. The exploration-focused nonprofit organizations which they actively support include the Explorers Club, the National Geographic Society, the Royal Geographical Society, the American Museum of Natural History and the Hayden Planetarium, the Victoria & Albert Museum, the National Air and Space Museum, the National Space Society, and the United States Space Foundation.
AIAC’s other beneficiaries include the Appeal of the Nobel Peace Laureates Foundation Inc., the Asia Society, the Atlantic Council, the Bill and Melinda Gates Foundation - Gates Philanthropy Partners, the Bretton Woods Committee, the Carnegie Endowment for International Peace, the Carter Center, the Council on Foreign Relations, the Economic Club of New York, the Foreign Policy Association, the Institut Française des Relations Internationales, the International Committee of the Red Cross, the International Crisis Group, the International Rescue Committee, the Japan Society, the JFK School of Government of Harvard University, the Peterson Institute for International Economics, the Richardson Center for Global Engagement, the Royal Institute of International Affairs (Chatham House), the Sierra Club, the Trilateral Commission, and the Yale Chief Executive Leadership Institute.
For further information, please see:
https://www.aiac.com/our-values
Media Contact:
Isabel Carro-Toro, Vice President
American Industrial Acquisition Corporation
+34 689 295 827 (Spain)
+ 1 787 244 3175 (USA)
icarro-toro@aiac.com