Meritor, Inc. MTOR unveiled the initial set of products from its newly launched Mach value brand. The brand includes roughly 2,000 part numbers that will cater to the company’s driveline, drive axle ...
Meritor, Inc. MTOR is set to acquire AxleTech, a Troy, MI-based company that engages in designing, manufacturing, and selling of drivetrain systems and components for a cash payment of roughly $175 ...
Meritor, Inc. announced the U.S. launch of its North America authorized rebuilder program for drive axle carriers, including the company’s 145, 14X TM and 160 products. “These exceptional rebuilders ...
LAS VEGAS — A hefty package of new stuff from Meritor was launched this week at the Heavy-Duty Aftermarket show, so we’ll waste no time getting into it: First up is a new electronic parts ordering ...
COLUMBUS, Ind — For the first time since finalizing the acquisition of Meritor, Inc. last month, Cummins Inc. (NYSE: CMI) will showcase Meritor’s 17Xe ePowertrain assembled with a Cummins battery ...
[Stay on top of transportation news: Get TTNews in your inbox.] Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical ...
On Monday morning, Cummins announced plans to acquire Meritor for $3.7 billion in cash and assumed debt. That's a 48% premium to Meritor's Friday close. Cummins sees the deal as a way to boost its ...
Meritor is expanding its first wholesale aftermarket parts outlet in North America to provide OEM dealers, warehouse distributors and area rebuilders with a complete parts selection and fast delivery ...
Cummins on Tuesday morning announced it plans to acquire Meritor – a Troy, Michigan-based supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial ...
This story appears in the May 13 print edition of Transport Topics. Charles “Chip” McClure Jr. was removed last week as chairman and CEO of truck components maker Meritor Inc., and the board of ...
Shares of Meritor Inc. rocketed 43.3% in premarket trading Tuesday, after the commercial truck and industrial equipment maker announced an agreement to be acquired by Cummins Inc. in a cash deal ...
Meritor’s CEO and president, Jay Craig, will soon transition to the role of executive chairman of the board of directors, with Chris Villavarayan, executive vice president and chief operating officer, ...