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.
TROY, Mich., Feb. 1, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2016.
Sales of $699 million.
Net income attributable to the company and net income from continuing operations attributable to the company of $15 million each.
Diluted earnings per share from continuing operations of $0.17.
Adjusted income from continuing operations attributable to the company of $22 million, or $...
Company will Donate Up to $60,000 from Remanufactured Brake Shoe Sales and Matching Funds to Wyakin Foundation
TROY, Mich., Jan. 24, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE:MTOR) today announced the extension of its successful "Shoes for Soldiers" for a third year and will donate up to $60,000 from the sale of remanufactured brake shoes and corporate matching to a foundation that helps position severely wounded, injured or ill veterans for success.
Meritor will donate $50,000 from reman...
TROY, Mich., Jan. 24, 2017 /PRNewswire/ -- Meritor® (NYSE: MTOR) announced today that the Doctor Preload® Tool used in the Meritor Wheel Bearing Adjustment System for the aftermarket was the No. 1 tool selected by shop owners and specialists responding to a survey from Professional Tool and Equipment News. Meritor is the exclusive North America distributor of Doctor Preload and Temper-Loc® spindle nut.
Erica Schueller, editor of Professional Tool and Equipment News, presented the top six to...
TROY, Mich., Jan. 24, 2017 /PRNewswire/ -- Meritor® (NYSE: MTOR) announced today at Heavy Duty Aftermarket Week 2017 that it has expanded the FastSet™ King Pin Kit product line to now offer 45 no-ream kits that provide fleets with a faster solution for aftermarket king pin replacement.
"Meritor FastSet is now available for all popular axle applications, including Meritor, Dana, Eaton, Spicer, Mack, Volvo, Chevrolet, GMC, Isuzu and Axle Alliance," said Joe Ghering, product manager, Steering ...