Meritor, Inc. focuses on maintaining market leadership positions. Those positions drive consistent top-line growth, which, along with process excellence, allows the company to achieve aggressive financial goals. These goals drive superior performance and build shareowner value.
New Eastern Canada Distribution Center Serves Customers in Seven Provinces
TROY, Mich., May 22, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the opening of its fourth North America aftermarket distribution facility − the Eastern Canada Regional Distribution Center in Mississauga, Ontario to fulfill orders from warehouse distributors and dealers in seven provinces.
"The Mississauga center is another example of our commitment to further strengthening c...
TROY, Mich., May 15, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) announced today that the Meritor Tire Inflation System (MTIS) with ThermALERT™ is a standard/preferred option on Vanguard dry van and CIMC reefer trailers.
"MTIS uses proven technology to minimize total cost of ownership and help keep drivers safe on our highways," said Dave Pritchard, general manager, Trailer for Meritor. "It's also quick to service and easy to retrofit."
More than 8 million fleet tires are protected by ...
Raises Full Year Outlook
TROY, Mich., May 3, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter ended March 31, 2018.
Sales of $1,066 million
Net income attributable to the company and net income from continuing operations attributable to the company of $57 million, or $0.63 per diluted share
Adjusted income from continuing operations attributable to the company of $68 million, or $0.7...
TROY, Mich., May 1, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that the company will supply all-electric drivetrain systems for two Peterbilt vehicle platforms through its alliance with TransPower. These include 12 Peterbilt all-electric Class 8 Model 579 day cab tractors and three Model 520 refuse trucks.
Meritor will supply high-efficiency and lightweight axles, drivelines and brakes that maximize system efficiency, extend range and increase payload. Electric drivetrai...