May 6, 2013 - Industry News
Meritor has named Ivor J. Evans executive chairman of the board and interim chief executive officer and president. Evans, who has been a member of the board of directors since 2005, succeeds Charles "Chip" McClure Jr., who is departing from the company.
Tags: Meritor, Aftermarket
April 30, 2013 - Industry News
Meritor Inc. announced it has signed a purchase and sale agreement to sell its 50% ownership interest in Suspensys Sistemas Automotivos LTDA to its joint venture partner Randon S.A. Implementos E Participacoes.
Tags: Meritor, Global, Aftermarket
Meritor Inc. reported financial results for its second fiscal quarter ended March 31, 2013, which included that its sales were $908 million, down $252 million or 22 percent, from the same period last year.
Tags: Meritor, Aftermarket, financials, Earnings
January 31, 2013 - Industry News
Meritor celebrated its 10 millionth trailer axle made in North America at its Frankfort, Ky. manufacturing facility.
Tags: Meritor, Wabash, Werner Enterprises, Kentucky, Axles
Former Meritor exec, Timothy E Bowes, has joined Transtar Industries Inc. as its Chief Executive Officer.
Tags: TranStar, Meritor, Tim Bowes
January 23, 2013 - Industry News
Fras-le announced that it began production of heavy-duty brake lining at its friction manufacturing facility in Prattville, Ala. earlier this month. This is the first time Fras-le has produced heavy-duty brake lining in the U.S.
Tags: Industry, Fras-le, Meritor
January 22, 2013 - Industry News
LAS VEGAS -- Meritor introduced a comprehensive aftermarket drivetrain program, called Drivetrain Direct, designed to meet the parts needs of component rebuilders across the U.S. and Canada
Tags: Industry, Meritor, Aftermarket
January 17, 2013 - Industry News
Meritor announced a series of organizational changes it says are designed to more closely align its overall structure with its recent business segment consolidation
Tags: Industry, Meritor, Aftermarket, People
November 14, 2012 - Industry News
For the fourth quarter of fiscal year 2012, Meritor posted sales of $986 million, down 19% from the same period last year due to lower sales volumes in global markets as well as weaker currency translation
Tags: Industry, Meritor
November 13, 2012 - Industry News
Meritor Inc. announced that it plans to consolidate its North American remanufacturing operations and create a "center of excellence" in Plainfield, Ind
Tags: Industry, Meritor, Aftermarket, Remanufacturing
November 12, 2012 - Industry News
Meritor Inc. announced that it has revised its reporting structure to drive efficiencies across the corporation. Going forward, the company expects to report future results under two segments: Commercial Truck and Industrial and Aftermarket and Trailer
November 7, 2012 - Industry News
Three aftermarket customers of Meritor have been recognized in a national "Drive to 100 Store Decor" contest to improve retail store showroom decor.
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