The company expects to transfer production operations from its remanufacturing plant in Mississauga, Ontario, Canada by March 31.
The company met with employees to discuss the restructuring, which will impact approximately 120 employees by March 31.
The company's Mississauga facility remanufactures commercial truck components for the on-highway market. Operations will transfer to Meritor's Plainfield, Ind,. remanufacturing facility, while Mascot Canadian customer service and support moves to Meritor's Brampton, Ontario, facility.
Meritor plans to invest approximately $1.4 million in its Plainfield facility while creating approximately 82 new jobs during 2012 and 2013.
The company has already invested more than $8 million in process upgrades to its global operations in the past five years, including $2.7 million earlier this year in new equipment for its Plainfield plant, which remanufactures commercial truck components while preserving raw materials.