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https://web.archive.org/web/20191028041753/http://www.washingtonpost.com/wp-srv/national/daily/nov98/nazicars30.htm
The history is a little more complex than giving weapons, but US-owned companies manufactured equipment for the Nazis. "The business of America is business" rings true.
"American managers of both GM and Ford went along with the conversion of their German plants to military production at a time when U.S. government documents show they were still resisting calls by the Roosevelt administration to step up military production in their plants at home."
During the war, US bombing plans avoided American-owned factories. When they couldn't, they compensated the companies for the losses inflicted.
Again, it's complex, and fascinating in many regards, but the business interests that drive the US government were also building the Nazi war machine.