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outside of the automotive industry. With its focus on commercial vehicle system component production, Meritor announced continuous sales loss with total revenue at $ 63 million in 2011 and $ 52 million in 2012. In August 2013, Ivor J.”Ike” Evans was named as the interim CEO of
Meritor. He had been a member of Board of Directors of Meritor Inc. since 2005 and had previously served as the president and chief operating officer of Union Pacific Railroad from 1998 to 2004, and as the vice chairman of Union Pacific Cooperation from January 2004 to 2005. In July 2015, Jeffrey "Jay" Craig was named CEO of Meritor; he was succeeded by Chris Villavarayan in 2020. Jennifer Rumsey was named CEO in August 2022.
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business as
Meritor. In 2000, ArvinMeritor was formed from the merger of Meritor Automotive, Inc., and Arvin Industries, Inc. On February 1, 2011, the company announced that it would revert its name to Meritor, Inc. in late March. The name change was successfully completed and launched on March 30,
367:
Charles "Chip" McClure, former president and COO of
Federal Mogul Corp., served as the CEO of Meritor from 2004 to 2013. Under his management, Meritor completed the divestiture of the passenger vehicle business segment in January 2011. This officially categorized this global manufacturer/supplier
376:
The business of
Meritor consists of axles, brake and safety systems, drivelines, suspensions, trailers, and aftermarket products for defense industries and commercial vehicles including truck, trailer, bus/coach, and off-highway. Meritor engineers a diverse range of products for OEMs, including
421:
Meritor builds products in
Australia and Singapore, as has development joint ventures, distribution centers, and sales locations in China and India. In 2013, the company employed nearly 1800 employees in Asia Pacific region and had been present in the region for close to 30 years.
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Employing more than 4700 employees, the business facilities in North
America contain various distribution locations in Canada, multiple production plants in Mexico, and facilities of administration, production, distribution, sales, and technical centers in the United States.
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The
Meritor business in South America, which was established in Brazil, employed more than 1700 employees as of 2013. There are four manufacturing facilities, one distribution center, two engineering centers, three administrative offices, and one sales office.
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Also as of 2013, Meritor has administrative offices distributed in France, Netherlands, Russia, Switzerland, Turkey, and United
Kingdom, and production facilities in Italy, Sweden, Belgium, United Kingdom, as well as France, and one sales location in Spain.
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announced to acquire
Meritor for $ 3.7 billion. The acquisition closed on August 3 of that year.
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533:"Cummins Buying Meritor In $ 3.7 Billion Deal, Accelerating Auto Supplier Consolidation"
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Companies formerly listed on the New York Stock
Exchange
514:"UPDATE 1-ArvinMeritor posts loss, changing name"
660:
647:Historical business data for Meritor, Inc.:
619:"Cummins Announces Jennifer Rumsey as CEO"
557:"Cummins completes acquisition of Meritor"
70:Commercial vehicles systems and components
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684:Manufacturing companies based in Michigan
679:Auto parts suppliers of the United States
694:Automotive companies established in 1997
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512:Woodall, Bernie (February 1, 2011).
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328:components for military suppliers,
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689:Companies based in Troy, Michigan
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285:Commercial Truck & Industrial
16:American truck parts manufacturer
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469:"Fortune 500 2006: ArvinMeritor"
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699:1997 establishments in Michigan
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709:2022 mergers and acquisitions
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531:Gardner, Greg (2022-02-22).
352:2011. On February 22, 2022,
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247:US$ (186) million (2016)
221:US$ 2.49 billion (2016)
218:US$ 2.78 billion (2017)
143:US$ 3.20 billion (2016)
140:US$ 3.34 billion (2017)
493:"ArvinMeritor history"
345:Rockwell International
244:US$ 295 million (2017)
195:US$ 573 million (2016)
192:US$ 324 million (2017)
169:US$ 204 million (2016)
166:US$ 207 million (2017)
78:Rockwell International
385:Business distribution
324:, which manufactures
124:Jennifer Rumsey (CEO)
363:Executive management
704:Corporate spin-offs
599:. meritor inc. 2013
256:Number of employees
100:Number of locations
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320:headquartered in
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260:8,200 (2017)
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637:Official website
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399:South America
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372:Core business
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20:Meritor, Inc.
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603:16 September
601:. Retrieved
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565:. Retrieved
563:. 2022-08-03
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448:the original
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417:Asia Pacific
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231:Total equity
205:Total assets
83:Headquarters
42:Company type
37:ArvinMeritor
651:SEC filings
597:meritor.com
338:Fortune 500
318:corporation
110:Area served
75:Predecessor
62:: MTOR
663:Categories
567:2022-08-24
542:2022-06-17
498:2012-09-11
478:2006-11-11
454:2019-02-19
426:References
349:automotive
326:automobile
179:Net income
120:Key people
46:Subsidiary
593:"meritor"
440:"Brink's"
377:Daimler,
343:In 1997,
340:company.
278:Divisions
114:Worldwide
54:Traded as
379:Navistar
334:trailers
303:.meritor
67:Industry
34:Formerly
561:Cummins
518:Reuters
444:Fortune
354:Cummins
296:Website
271:Cummins
129:Revenue
537:Forbes
408:Europe
332:, and
330:trucks
266:Parent
605:2013
305:.com
93:U.S.
60:NYSE
473:CNN
301:www
665::
595:.
576:^
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
