| Date | Title | | | 05/24/13 | Meritor Announces Execution of Fifth Supplemental Indenture to the Indenture Governing Its 8-1/8% Notes due 2015| TROY, Mich., May 24, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR), announced today that it and the trustee under the indenture governing its 8-1/8% Notes due 2015 (the "Notes") have executed a supplemental indenture to effect proposed amendments to the indenture governing the Notes. Meritor had previously announced that holders of a majority of the outstanding principal amount of the Notes had tendered their Notes and delivered their consents to the proposed amendments pursuant to ... |
|  | | 05/20/13 | Meritor Announces Extension of the Early Tender Date with Respect to Its Cash Tender Offer and Consent Solicitation for Any and All of Its 8-1/8% Notes due 2015| TROY, Mich., May 20, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) announced today that it has extended the Early Tender Date with respect to its previously announced cash tender offer and consent solicitation (the "Offer and Consent Solicitation") for any and all of its 8-1/8% Notes due 2015 (CUSIP No. 043353 AC5) (the "Notes") from 5:00 p.m., New York City time, on May 17, 2013 to 5:00 p.m., New York City time, on May 23, 2013. Meritor is not extending the withdrawal date with res... |
| | | 05/13/13 | Meritor Defense To Showcase ProTec™ High Mobility Independent Suspension On Humvee| TROY, Mich., May 13, 2013 /PRNewswire/ -- Meritor Defense will display its ProTec™ High Mobility Independent Suspension (HMIS) on a Humvee at the National Defense Industrial Association (NDIA) Michigan Defense Exposition (MDEX). ProTec is equipped on prototype vehicles in the Joint Light Tactical Wheeled Vehicles (JLTV) program, which will provide replacement vehicles for a portion of the Humvee fleet.
WHAT:
Meritor Defense will showcase its products with displays, vi... |
| | | 05/07/13 | Meritor Announces Cash Tender Offer and Consent Solicitation for Any and All of Its 8-1/8% Notes due 2015| TROY, Mich., May 7, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR), announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 8-1/8% Notes due 2015 (CUSIP No. 043353 AC5) (the "Notes") and a solicitation of consents (the "Consents") from each holder of the Notes to effect certain proposed amendments to the indenture governing the Notes (the "Offer and Consent Solicitation").
The terms and conditions of the Offer and Consent Solicitation ... |
| | | 05/03/13 | Meritor Announces Ivor J. Evans, Executive Chairman and Interim Chief Executive Officer and President; Names William J. Lyons to the Board of Directors| TROY, Mich., May 3, 2013 /PRNewswire-FirstCall/ -- The Board of Directors of Meritor, Inc. (NYSE: MTOR) today announced that it has made a change in the position of Chairman of the Board, Chief Executive Officer and President. Effective May 3, 2013, Ivor J. Evans was named Executive Chairman of the Board and Interim Chief Executive Officer and President. Evans, who has been a member of the Board of Directors since 2005, succeeds Charles G. McClure, Jr. who is departing from the company.
"... |
| | | 04/30/13 | Meritor Reports Second-Quarter Fiscal Year 2013 Results| Company Achieves Sequential Margin Expansion of 120 Basis Points
Executes Agreement to Sell Brazilian Joint Venture
TROY, Mich., April 30, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter ended March 31, 2013.
Second-Quarter Highlights
Sales were $908 million, down $252 million or 22 percent, from the same period last year.
Net loss on a GAAP basis was $4 million, compared to net income of $20 million from th... |
| | | 04/29/13 | Meritor Announces Agreement to Sell Ownership Stake in Brazilian Joint Venture| TROY, Mich., April 29, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today announced it has signed a purchase and sale agreement to sell its 50 percent ownership interest in Suspensys Sistemas Automotivos LTDA to its joint venture partner Randon S.A. Implementos E Participacoes. The purchase price for Meritor's ownership interest is $195 million in cash and other consideration. The agreement is subject to regulatory approvals and other customary conditions. The sale is expected to be... |
| | | 04/02/13 | Meritor Announces Updated Start Time for Conference Call and Webcast to Present Fiscal Year 2013 Second-Quarter Earnings| TROY, Mich., April 2, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) announces a revised start time of 11 a.m. (ET) Tuesday, April 30 for its conference call and webcast to discuss the company's second-quarter results for fiscal year 2013. The conference call was originally scheduled for 9:30 a.m. (ET) Tuesday, April 30.
To participate, call (617) 213-4845 at least 10 minutes prior to the start of the call. Please reference participant pass code 34795919 when dialing in. Investors ... |
| | | 03/26/13 | Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2013 Second-Quarter Earnings| TROY, Mich., March 26, 2013 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a telephone conference call and webcast to discuss the company's second-quarter results for fiscal year 2013 at 9:30 a.m. (ET) Tuesday, April 30.
To participate, call (617) 213-4845 at least 10 minutes prior to the start of the call. Please reference participant pass code 34795919 when dialing in. Investors can also listen to the conference call in real time or access a recording of the call for seven days after... |
| | | 03/14/13 | Meritor® FUELite™ and Meritor WABCO ECAS Selected for HDT Top 20 of 2013 Award|
NASHVILLE, Tenn., March 14, 2013 /PRNewswire/ -- (NYSE: MTOR) Meritor announced today its FUELite tandem axle and Meritor WABCO Electronically Controlled Air Suspension (ECAS) were named as one of the Top 20 Products of 2013 by Heavy Duty Trucking (HDT) magazine.
(Logo: http://photos.prnewswire.com/prnh/20110330/DE73783LOGO)
(Logo: http://photos.prnewswire.com/prnh/20120815/DE58116LOGO)
The award, presented at the annual Technology and Maintenance Council (TMC) meeting in Nashville, ... |
| | | 03/13/13 | Meritor® FUELite™ and Meritor WABCO ECAS Selected For TWNA Award 2012|
NASHVILLE, Tenn., March 13, 2013 /PRNewswire/ -- Meritor (NYSE: MTOR) announced today that its FUELite Tandem Axle and Meritor WABCO Electronically Controlled Air Suspension (ECAS) have been recognized as a top technical achievement by the Truck Writers of North America (TWNA).
TWNA recognized these products for weight savings, increased fuel efficiency and improved traction control for rear-axle applications with the Technical Achievement Award at the annual Technology and Mai... |
| | | 03/08/13 | Meritor's Second Annual Global Service Day Benefits Women's Issues and Charities| Event coincides with International Women's Day
TROY, Mich., March 8, 2013 /PRNewswire/ -- Thousands of Meritor (NYSE: MTOR) employees around the world will observe International Women's Day today by sponsoring their second annual Global Service Day, an event that supports women and women's issues through volunteer service.
Global Service Day is organized by the company's Women's Business Resource Group and will involve employee volunteers worldwide supporting 22 charities in 10 countries ... |
| | | 02/25/13 | Meritor and The Henry Ford Shaping Future of Education Through Innovation and Technology| Innovation Education Incubator pilot project in K-12 classrooms across the nation
TROY, Mich., Feb. 25, 2013 /PRNewswire/ -- The Henry Ford's Innovation Education Incubator (IEI), launched in April 2011 with the support of a three-year pledge from Meritor, is building momentum among educators nationwide by bringing innovative digital education resources and game-changing teaching strategies into K-12 classrooms.
Forty teachers and 1,000 students field-tested The Henry Ford's new resources... |
| | | 01/31/13 | Meritor to Host Analyst Day in New York on Feb. 5| Accessible By Webcast and Conference Call
TROY, Mich., Jan. 31, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will host a webcast and conference call of its Analyst Day presentations on Tuesday, Feb. 5, from 9 a.m. to noon (ET) at the Waldorf Astoria New York in New York City.
Investment community professionals who would like to attend the conference in person must register in advance as space is limited. Email Lisa Brickler at investor.relations@meritor.com ... |
| | | 01/30/13 | Meritor Reports First-Quarter Fiscal Year 2013 Results|
TROY, Mich., Jan. 30, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2012.
First-Quarter Highlights
Sales were $891 million, down $268 million or 23 percent, from the same period last year.
Net loss on a GAAP basis was $21 million, compared to a net loss of $22 million in the prior year's first quarter.
Adjusted EBITDA was $46 million, compared with $79 million from the same period last year.
... |
| | | 01/30/13 | Meritor Builds 10 Millionth North American-Made Trailer Axle|
FRANKFORT, Ky., Jan. 30, 2013 /PRNewswire/ -- Meritor (NYSE: MTOR) celebrated its 10 millionth trailer axle made in North America today at its Frankfort, Ky. manufacturing facility.
"This is an important milestone that underscores Meritor's long heritage of providing innovative, market-leading products," said Pedro Ferro, vice president and president, Aftermarket & Trailer. "Our experience in designing and manufacturing trailer components puts us at the forefront of axle innovation."
To... |
| | | 01/22/13 | Meritor Remanufactured Brake Shoes Recognized by Frost & Sullivan for Product Quality Leadership|
TROY, Mich., Jan. 22, 2013 /PRNewswire/ -- Meritor's Aftermarket business has been awarded the prestigious 2012 North American Industry Product Quality Leadership Award by Frost & Sullivan for the company's remanufactured brake shoes.
"We recognize that the production of high quality remanufactured brakes is a constant challenge for the heavy-duty trucking industry," said Janardan Damani, research analyst, Frost & Sullivan. "The North American remanufactured brakes aftermarket and its part... |
| | | 01/22/13 | Meritor Launches AllFit Shock Absorbers|
LAS VEGAS, Jan. 22, 2013 /PRNewswire/ -- Meritor North American Aftermarket business, based in Florence, Ky., has announced the immediate availability of a Meritor-brand shock absorber product line. This new line replaces the Gabriel shocks previously sold by the company and is available immediately to all North American warehouse distributors and OEM dealers.
Announced here during Heavy Duty Aftermarket Week, the new Meritor shock absorbers – American-made in an ISO-certified facility --... |
| | | 01/22/13 | Meritor Aftermarket Launches Two New Product Series: Meritor AllFit and Meritor Green|
LAS VEGAS, Jan. 22, 2013 /PRNewswire/ -- To meet growing demand in new product areas, Meritor launched two new product series: Meritor AllFit and Meritor Green.
"We spend considerable time meeting with and listening to what our customers want from us to streamline the process of addressing end-users parts needs," said Terry Livingston, general manager, Global Product Management and Shared Services, Aftermarket & Trailer, Meritor. "As one of the leading aftermarket suppliers, we are driven ... |
| | | 01/17/13 | Meritor Announces Executive Appointments Associated with Restructuring Action|
TROY, Mich., Jan. 17, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) has announced a series of organizational changes designed to more closely align its overall structure with its recent business segment consolidation.
The company expects to report results under two segments:
Commercial Truck & Industrial
Aftermarket & Trailer
"These appointments will drive efficiencies across the organization while keeping us very focused on our customers and products ar... |
| | | 01/03/13 | Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2013 First-Quarter Earnings|
TROY, Mich., Jan. 3, 2013 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will host a telephone conference call and webcast to discuss the company's first-quarter results for fiscal year 2013 on Wednesday, Jan. 30, 2013, at 9 a.m. (ET).
To participate, call (617) 213-4847 at least 10 minutes prior to the start of the call. Please reference participant pass code 94256449 when dialing in. Investors can also listen to the conference call in real time or access a recording of... |
| | | 12/04/12 | Meritor Completes Offering of New Convertible Senior Notes and Repurchase of a Portion of Existing Convertible Senior Notes due 2026|
TROY, Mich., Dec. 4, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today announced the closing of its offering of $250 million aggregate principal amount at maturity of its 7.875% convertible senior notes due 2026 (the "7.875% notes"), which includes $25 million aggregate principal amount at maturity of 7.875% notes issued pursuant to the initial purchasers' exercise in full of their option to purchase additional 7.875% notes. The offering was made to qualified institu... |
| | | 11/29/12 | Meritor Announces Pricing of Convertible Senior Unsecured Notes|
TROY, Mich., Nov. 29, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the pricing on November 28, 2012 of its offering of $225 million aggregate principal amount at maturity of convertible senior unsecured notes due 2026 (the "notes"). The offering is being made to qualified institutional buyers in a private placement. The notes will rank equally in right of payment to all of Meritor's existing and future senior unsecured indebtedness.
Meritor has granted to ... |
| | | 11/28/12 | Meritor Announces Proposed Offering of Convertible Senior Unsecured Notes|
TROY, Mich., Nov. 28, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it intends, subject to market and other conditions, to offer $150 million aggregate principal amount at maturity of convertible senior unsecured notes due 2026 (the "notes") to qualified institutional buyers in a private placement. The notes will be issued at a discounted initial principal amount per note and will accrete to $1,000 per note at December 1, 2020.
Meritor expects to grant the initial purchase... |
| | | 11/14/12 | Meritor Reports Fourth Quarter and Fiscal Year 2012 Results| Company Achieves Margin Expansion Year-Over-Year Despite Revenue Headwinds
TROY, Mich., Nov. 14, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2012.
Fourth-Quarter Highlights
Sales were $986 million, down $231 million or 19 percent, from the same period last year.
Net income on a GAAP basis was $5 million or $0.05 per diluted share, compared to $31 million or $0.32 per diluted sh... |
| | | 11/13/12 | Meritor Announces $1.4 Million Investment in Plainfield, Indiana Remanufacturing Facility|
TROY, Mich., Nov. 13, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) announced today that it plans to consolidate its North American remanufacturing operations and create a center of excellence in Plainfield, Ind. The company expects to transfer production operations from its remanufacturing plant in Mississauga, Ontario Canada by March 31, 2013. At the same time, it plans to move Canadian customer service and support to its Brampton, Ontario facility.
As a result of these a... |
| | | 11/12/12 | Meritor Announces Revised Business Segments| Ferro to Lead Aftermarket and Trailer Segment
Bowes Responsible for Commercial Truck and Industrial Segment
TROY, Mich., Nov. 12, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has revised its reporting structure to drive efficiencies across the corporation. Going forward, the company expects to report future results under two segments: Commercial Truck and Industrial and Aftermarket & Trailer. The company is also announcing executive level changes associ... |
| | | 11/09/12 | Meritor Increases Pledge to $55,000 in Support of Freedom Center at Detroit Metropolitan Airport|
TROY, Mich., Nov. 9, 2012 /PRNewswire/ -- In recognition of Veteran's Day, Meritor, Inc. (NYSE: MTOR) today announced a three-year pledge totaling $30,000 from the Meritor Trust Fund to support the Freedom Center located in the McNamara Terminal at Detroit Metropolitan Airport.
This support is in addition to the two-year pledge totaling $20,000, committed this time last year at the official opening dedication of the Freedom Center, and a $5,000 donation to support the Freedom Center Gala e... |
| | | 10/09/12 | Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2012 Fourth-Quarter and Full-Year Earnings Results|
TROY, Mich., Oct. 9, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to present the company's fiscal year 2012 fourth-quarter and full-year financial results on Wednesday, Nov. 14, 2012, at 9 a.m. (ET).
To participate, call (617) 213-4853, 10 minutes prior to the start of the call. Please reference passcode 16637709 when registering. Investors can also listen to the conference call in real time – or for seven days after the event – by visi... |
| | | 09/20/12 | Meritor Goes "Green" in European Operations|
HANNOVER, Germany, Sept. 20, 2012 /PRNewswire-FirstCall/ -- At the IAA Commercial Vehicle Show, Meritor, Inc. (NYSE: MTOR) highlighted its commitment to being a greener and more environmentally friendly company, including eliminating waste going into landfills, as well as reducing the use of electricity and water.
The Lindesberg, Sweden facility, which is one of Meritor's largest wholly owned manufacturing facilities, is one of two Meritor plants that are 100 percent landfill free. The comp... |
| | | 09/20/12 | Meritor Meets Challenges of European Market with Latest MT-32-610 Hub-Reduction Tandem Axle|
HANNOVER, Germany, Sept. 20, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today introduced its redesigned MT-32-610 hub-reduction tandem for the European commercial vehicle market at the IAA Hannover Commercial Vehicle Show.
The new tandem is lightweight, yet durable, and is intended for rugged, on- and off-highway use, including long haul, construction and logging. The MT-32-610 features specific ground clearance and a Gross Axle Weight Rating (GAWR) of 32 tons for vehicles w... |
| | | 09/18/12 | Meritor 18X Brings New Strength to Europe's Single Reduction Axle Market|
HANNOVER, Germany, Sept. 18, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today displayed the latest version of its 18X single-reduction axle at the IAA Hannover Commercial Vehicle Show.
Available since spring 2011, the Meritor 18X targets the line haul market with Gross Combination Weight (GCW) up to 65 tons permitting it to be used for a variety of applications that formerly required a hub-reduction axle set.
The Meritor 18X is available in a wide variety of ratio... |
| | | 09/18/12 | Meritor Unveils Additional $16 Million Investment in European Brakes Operations|
HANNOVER, Germany, Sept. 18, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced an incremental investment of $16 million in its European brake operations. This builds on a $42 million investment the company announced at the 2010 Hannover IAA Commercial Vehicle show to solidify its position as a global on-highway brake leader.
"We are continuing to strengthen our global brake business," said Joe Plomin, vice president, Global Brakes, Meritor. "Our Cwmbran, U.K., site is our glo... |
| | | 09/17/12 | Meritor Recognizes Professional Truck Drivers During National Truck Driver Appreciation Week|
TROY, Mich., Sept. 17, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR), along with the American Trucking Association, is taking this week to honor the professional truck drivers who deliver America's freight.
"At Meritor, we want to recognize the more than 3 million truck drivers nationwide who deliver life's essentials," said Tim Bowes, president, Commercial Truck, Meritor. "These men and women literally keep the country moving."
At each of its U.S. manufacturing sites this week, Merit... |
| | | 09/17/12 | Meritor Expands Controls and Electronics Capabilities to Improve Performance and Efficiency|
HANNOVER, Germany, Sept. 17, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) is developing new products, such as SMARTandem and LogixDrive, that improve performance, efficiency and safety using a pneumatic control unit (PCU) family developed in-house.
"Meritor is expanding its controls and electronics capabilities, and developing systems that improve the functional capabilities and diagnostics of our core brake and drivetrain products," said Simon Dean, senior director, Advan... |
| | | 09/17/12 | Meritor Introduces New 17X Light Axle| Europe's Top-Selling Axle More Efficient than Ever
HANNOVER, Germany, Sept. 17, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today introduced the next generation of its top-selling European axle, the 17X system, at the IAA Hannover Commercial Vehicle Show.
Designed and engineered to be the industry's lightest axle system in the 13-ton class, the new 17X light has been updated in all areas – axle housing, carrier and brake integration to optimize axle efficiency.
"The 17X light is a... |
| | | 09/17/12 | Meritor LogixDrive™ Uses Electronic Intelligence for Ultimate Axle Efficiency|
HANNOVER, Germany, Sept. 17, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) is displaying LogixDrive™, the first intelligent axle system, at the IAA Hannover Commercial Vehicle Show.
Meritor's LogixDrive actively "thinks" using a performance logic system, which is enabled by an electronic control unit with dedicated sensors measuring speed, braking and torque to optimize axle efficiency. Additionally, the LogixDrive system utilizes the Meritor lube management system to actively apply or ... |
| | | 09/17/12 | Meritor Introduces New ELSA 225H and 225L| Top-Selling Brakes More Flexible and Efficient
HANNOVER, Germany, Sept. 17, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today introduced two additions to the top-selling European disc brake family – the ELSA 225H and ELSA 225L – at the IAA Hannover Commercial Vehicle Show. The optimized ELSA 225H offers interchangeability with industry standard brakes and the additional benefit of performance upgraded to 30kNm at a lighter weight. The new ELSA 225L is designed to be a lighter weight alter... |
| | | 09/13/12 | Meritor's Plainfield, Ind. Facility Named IndustryWeek "Best Plants" Finalist|
TROY, Mich., Sept. 13, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) announced that its Plainfield, Ind. facility, which remanufactures commercial truck components, has been named a finalist for IndustryWeek's 2012 IW Best Plants award.
The Plainfield, Ind. location was one of 17 plants to make it to the final round of competition. The finalists were selected based on strong manufacturing performances as well as a comprehensive focus on continuous improvement.
"IndustryWeek's Best Plan... |
| | | 09/11/12 | Meritor to Premiere Latest Generation of High Efficiency Axles and Brakes during IAA|
HANNOVER, Germany, Sept. 11, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will introduce its latest generation of drive axles and brakes during the 64th IAA Commercial Vehicle Exhibition in Hannover, Germany, from Sept. 20-27, 2012.
In addition to the company's high efficiency technological concepts, it will display a selection of class-leading drive axles and innovative braking solutions.
Meritor will be located in Hall 26 of the Hannover Exhibition Centre at stand number D12.
A... |
| | | 09/04/12 | Meritor Receives Prestigious 2012 Global Remanufacturer of the Year Award|
TROY, Mich., Sept. 4, 2012 /PRNewswire/ -- ReMaTecNews, an international news magazine and website for remanufacturing based in Amsterdam, has named Meritor (NYSE: MTOR) the 2012 Remanufacturer of the Year.
The award recognizes an organization that has served the automotive or heavy-duty truck remanufacturing sectors with distinction in fields such as innovation, technical excellence, customer service and commitment to the promotion of the qualities of remanufacturing.
"Meritor is a glob... |
| | | 08/28/12 | Meritor Presents McKenzie with Lifetime Achievement Award|
TROY, Mich., Aug. 28, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE:MTOR), a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, recently honored Jack McKenzie with its Lifetime Achievement Award for Product Engineering.
McKenzie earned the award for distinguished leadership in design and development of on-highway axles, including Meritor's 14X axle product design and production release. McKenzie has been instrumental... |
| | | 08/28/12 | Meritor Names Patrascu Product Engineer of the Year|
TROY, Mich., Aug. 28, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR), a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, has announced Florin Patrascu as the company's Product Engineer of the Year.
Patrascu earned the award for his contributions to driveline engineering in the areas of customer applications, application analysis and product design. He was also recognized for his role as the principal applicat... |
| | | 08/28/12 | Meritor Presents Galligher with Lifetime Achievement Award|
TROY, Mich., Aug. 28, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR), a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, recently honored John Steven Galligher with its Lifetime Achievement Award for Manufacturing Engineering.
Galligher earned the award for distinguished contributions to the development and advancement of carrier components and gearing manufacturing processes.
During his career, he has di... |
| | | 08/28/12 | Meritor Names Fullbright Manufacturing Engineer of the Year|
TROY, Mich., Aug. 28, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR), a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, recently announced that Tim Fullbright has been named the company's Manufacturing Engineer of the Year.
Fullbright earned the award for distinguished contributions to the continued improvement, flexibility, capability and safety of Asheville's housing manufacturing process. He was recognize... |
| | | 08/27/12 | Meritor® Defense Supports Lockheed Martin with ProTec™ Suspension for JLTV Development Contract|
TROY, Mich., Aug. 27, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) announces that its ProTec™ High Mobility Independent Suspension (HMIS) will be integrated into Lockheed Martin's (NYSE: LMT) military vehicle that recently advanced to the next round of the Army and Marine Corps Joint Light Tactical Vehicle (JLTV) program.
Lockheed Martin is one of three companies recently awarded an Engineering and Manufacturing Development (EMD) contract for the JLTV. This ... |
| | | 08/13/12 | Meritor Hosts 10th Annual Classic Car Show And Build-A-Wall For Habitat for Humanity Detroit|
TROY, Mich., Aug. 13, 2012 /PRNewswire/ --
Where: Meritor Headquarters at 2135 W. Maple Rd., Troy, Mich. 48084
What: More than 160 Meritor employees will build 48 exterior and interior walls for the construction of a four-bedroom Habitat for Humanity house in Detroit. At the same time, a car show will feature more than 40 classic cars, trucks and motorcycles, plus Paul Noakes, driver of the Meritor-sponsored National Hot Rod Association (NHRA) Mustang drag car.
Why: Meritor pledges ... |
| | | 08/03/12 | Meritor To Present At Jefferies Global Industrial And A&D Conference|
TROY, Mich., Aug. 3, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will participate in the Jefferies 2012 Global Industrial and A&D Conference on Thursday, Aug. 9, in New York. Jay Craig, Meritor's senior vice president and chief financial officer, will present at 8:30 a.m. (ET).
A live webcast of the presentation will be accessible via the Investors page of the company's website at www.meritor.com. An audio replay will be available for 30 days following the presentation.... |
| | | 08/01/12 | Meritor Reports Third-Quarter Fiscal Year 2012 Results| Company Posts Net Income of $49 Million, Up 188 Percent Year Over Year
Generates Strong Operating Cash Flow of $68 Million, Up 172 Percent Year Over Year
TROY, Mich., Aug. 1, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter ended June 30, 2012.
Third-Quarter Highlights
Sales were $1.11 billion, down $159 million or 13 percent, from the same period last year.
Net income on a GAAP basis was $49 million, compare... |
| | | 07/23/12 | Meritor® Honored with Four Quality Awards by PACCAR|
TROY, Mich., July 23, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) is honored to announce that four of its manufacturing facilities were bestowed the 2011 Quality Achievement Award from PACCAR, Inc. This award is among the industry's most demanding due to the high standards established for supplier parts and component quality. It recognizes suppliers that have achieved a defect rate of 50 parts per million (PPM) or less during 2011.
The Meritor facilities to achieve PACCAR's prestigious ... |
| | | 07/12/12 | Meritor® Offers Instructor-Led Training Courses for the Commercial Vehicle Industry|
TROY, Mich., July 12, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE:MTOR) continues to deliver industry-leading service and support through the company's new instructor-led training (ILT) courses. In addition to the more than 100 online courses currently available through Meritor BullPen, several new in-depth and hands-on classes are now available for those interested in learning the specifics about Meritor's diverse range of products and services.
These in-person training courses are offered a... |
| | | 07/09/12 | Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2012 Third-Quarter Earnings Report|
TROY, Mich., July 9, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to present the company's fiscal year 2012 third-quarter financial results on Wednesday, Aug. 1, 2012, at 9 a.m. (ET).
To participate, call (617) 213-4848, 10 minutes prior to the start of the call. Please reference passcode 93235692 when registering. Investors can also listen to the conference call in real time – or for seven days after the event – by visiting me... |
| | | 07/05/12 | Meritor® Applauds 2013 Michigan Budget Prioritizing the Use of Remanufactured Components|
TROY, Mich., July 5, 2012 /PRNewswire/ -- Remanufactured components, such as those offered by Meritor, Inc. (NYSE: MTOR), are quickly gaining ground as a cost-effective solution for fleets.
An example of this took place on Tuesday, June 26, when Gov. Rick Snyder signed the Michigan Fiscal Year 2013 Budget which extended a law prioritizing the use of remanufactured parts throughout most of the state's motor vehicle fleet.
This effort was applauded by Meritor as well as the Motor & Equipm... |
| | | 06/28/12 | Meritor Awarded Funding to Reduce Energy Consumption|
TROY, Mich., June 28, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR), a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, today announced that its facility in Heath, Ohio, has been awarded two grants totaling $200,000 for installing environmentally friendly lighting in the plant.
The company received an American Recovery and Reinvestment Act Grant for $128,000 from the Ohio Department of Development's Office of... |
| | | 06/26/12 | Media Advisory: Meritor Awarded Funding to Reduce Energy Consumption|
Meritor's Heath, Ohio, facility will celebrate the receipt of two grants from federal, state and local officials totaling $200,000 in recognition of the site's efforts to reduce energy costs through the installation of high-efficiency, environmentally friendly lighting in the plant.
The event will be held at 11 a.m. on Thursday, June 28 at 444 Hebron Rd., Heath, Ohio 43056.
Attending:
Mike Deep, Meritor Heath site manager
Richard Hanlon, Meritor vice president, Environmental, Healt... |
| | | 06/20/12 | Meritor's Environmentally Friendly Remanufacturing Efforts Promote Fleet Efficiency|
PLAINFIELD, Ind., June 20, 2012 /PRNewswire-FirstCall/ -- Meritor®, Inc. (NYSE: MTOR) promotes the remanufacturing of commercial truck and trailer components because it is environmentally friendly, creates jobs and improves fleet efficiency. Due to the growth of remanufactured component sales, Meritor invested $2.7 million in equipment for its Plainfield, Ind. facility.
The Plainfield site remanufactures commercial truck components, which preserves raw materials. More than 30,000 tons of me... |
| | | 06/12/12 | Meritor® Vehicle Dynamics Mobile Laboratory Enables Advanced Field Testing Capabilities|
TROY, Mich., June 12, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) offers unique capabilities with its Vehicle Dynamics mobile laboratory. Traveling throughout North America, various products and capabilities are tested on location including:
Truck and Trailer: SMARTandem® axle, tire inflation systems and drum and air disc brake development;
Specialty and Off-Highway: Adaptive damping systems for off-highway seats, as well as bus and fire truck suspensions;
Defense: The ProTec™ Hig... |
| | | 05/11/12 | Meritor Appoints Mikel Slater, Vice President, Business Unit/Functional Human Resources and Talent Acquisition|
TROY, Mich., May 11, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) has appointed Mikel Slater to the position of vice president, Business Unit/Functional Human Resources and Talent Acquisition, effective May 1.
In this position, Slater is responsible for leading the Human Resources (HR) team directly in support of Meritor's business segments, as well as all staff functions. Additionally, he is responsible for the company's Talent Acquisition activities.
"Mikel has played an integral ... |
| | | 05/11/12 | Meritor Appoints Tim Burns, Vice President and General Manager, Defense & Specialty, Industrial|
TROY, Mich., May 11, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) has appointed Tim Burns to the position of vice president and general manager, Defense & Specialty, Industrial, effective immediately.
In this position, Burns is responsible for the planning, organization, and execution of all strategies and policies for the Defense and Specialty businesses.
"Tim is a fantastic leader with a wealth of experience," said Pedro Ferro, president, Industrial, Meritor. "He has an extensive ... |
| | | 05/04/12 | Meritor Appoints Chris Villavarayan, Vice President, Global Manufacturing and Supply Chain Management, Commercial Truck|
TROY, Mich., May 4, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) has appointed Chris Villavarayan to the position of vice president, Global Manufacturing and Supply Chain Management, Commercial Truck. The appointment is effective June 1.
In this position, Villavarayan is responsible for global manufacturing operations, increasing results-based lean initiatives, improving the supply chain network, and continuing the focus on standardization and process excellence.
"Since ... |
| | | 05/04/12 | Meritor Appoints Chris Snodgrass, Vice President, Axles & Drivelines, Commercial Truck, North America|
TROY, Mich., May 4, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) has appointed Chris Snodgrass to the position of vice president, Axles & Drivelines, Commercial Truck, North America, effective June 1.
In this position, Snodgrass is responsible for the P&L and strategic direction for the company's axles and drivelines produced for global truck manufacturers in North America.
"During his tenure at Meritor, Chris has proven himself to be an exceptional leader who has energized our oper... |
| | | 05/04/12 | Meritor Appoints Joe Plomin, Vice President, Global Brakes, Commercial Truck|
TROY, Mich., May 4, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) has appointed Joe Plomin to the position of vice president, Global Brakes, Commercial Truck, effective June 1.
In this position, Plomin will lead the company's Americas and European brake business. He will also provide strategic direction for the company's brake joint ventures around the world.
"During his nearly five years running the Americas Truck business, Joe has done a tremendous job in successfully managing all ... |
| | | 05/02/12 | Meritor Reports Second-Quarter Fiscal Year 2012 Results| Company's Execution of Initiatives Leads to Expanded Margins
TROY, Mich., May 2, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter ended March 31, 2012.
Second-Quarter Highlights
Sales were $1.16 billion, down $16 million or 1 percent, from the same period last year.
Net income on a GAAP basis was $20 million, compared to net income of $17 million in the prior year's second quarter.
Adjusted EBITDA was $95 mill... |
| | | 04/25/12 | Meritor Global Service Day Helps Women and Families Around the World| Women's Business Resource Group Addresses Local Needs in Diverse Ways
TROY, Mich., April 25, 2012 /PRNewswire via COMTEX/ -- Meritor, Inc.'s (NYSE: MTOR) first Global Service Day on Wednesday, April 25 will impact the lives of women and families around the world through a variety of efforts, including donations to shelters and housing organizations, and food and clothing donations to local organizations. This event reinforces the company's commitment to diversity initiatives and social respon... |
| | | 04/21/12 | Meritor Recognizes Sustainable Product and Process Achievements Around the Globe| TROY, Mich., April 21, 2012 /PRNewswire via COMTEX/ -- In honor of the 42nd Earth Day, Meritor, Inc. (NYSE: MTOR) is renewing focus on its environmental stewardship efforts, including the company's innovative "green" product designs and processes at company facilities across the globe.
"Meritor focuses its sustainability efforts in three key areas: social responsibility and governance; operational excellence in environmental protection and safety; and innovative product design," said Chip McC... |
| | | 04/02/12 | Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2012 Second-Quarter Earnings|
TROY, Mich., April 2, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will host a telephone conference call and webcast to discuss the company's second-quarter results for fiscal year 2012 on Wednesday, May 2, 2012, at 9 a.m. (ET).
To participate, call (617) 213-4850 at least 10 minutes prior to the start of the call. Please reference participant pass code 64013224 when dialing in. Investors can also listen to the conference call in real time or access a recordi... |
| | | 03/30/12 | Meritor Appoints Craig Cartmill and Doug Wolma to New Aftermarket Positions|
TROY, Mich., March 30, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) has appointed Craig Cartmill to the position of vice president, Aftermarket Americas, and Doug Wolma, general manager, Global Aftermarket Operations, effective immediately. Both report directly to Joe Mejaly, vice president and president, Aftermarket & Trailer.
Cartmill is responsible for leading the development and execution of the strategic business plan for the company's Aftermarket organization in North and... |
| | | 03/21/12 | Meritor® Introduces FUELite™ Tandem Axle to Maximize Weight Savings and Increase Fuel Efficiency|
LOUISVILLE, Ky., March 21, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today unveiled the FUELite™ tandem axle at the Mid-America Trucking Show. Meritor's FUELite is the first member of its SoloDrive Series axles which features 6x2 tandem rear axles. Based on the proven Meritor 160 series drive axle, the FUELite tandem axle is designed for line-haul applications to maximize weight savings and increase fuel efficiency.
The Meritor FUELite tandem axle delivers nearly 400 pounds ... |
| | | 03/20/12 | Meritor Reaffirms Guidance for Fiscal Year 2012|
TROY, Mich., March 20, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) announced today in connection with the Mid-America Trucking Show that it is reaffirming its fiscal year 2012 guidance for the following results from continuing operations:
Revenue to be approximately $4.8 billion.
Adjusted EBITDA margin in the range of 8.2 percent to 8.6 percent.
Adjusted income from continuing operations in the range of $105 million to $135 million.
Adjusted earnings per share in the r... |
| | | 02/23/12 | Meritor to Present at J.P. Morgan 2012 Global High Yield & Leveraged Finance Conference|
TROY, Mich., Feb. 23, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will participate in the J.P. Morgan 2012 Global High Yield & Leveraged Finance Conference on Tuesday, Feb. 28, in Miami Beach, Fla.
Jay Craig, senior vice president and chief financial officer, Meritor, will present during the event. No webcast or audio will be available for this event.
A copy of the slide presentation will be accessible via the Investors page of the company's website at www.meritor.com.
... |
| | | 02/15/12 | Meritor Opens New Distribution and Customer Service Center in South America|
BARUERI, Brazil, Feb. 15, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) recently opened a new 50,000 square-foot South America Aftermarket Distribution and Customer Service Center in Barueri, Brazil, a suburb of Sao Paulo.
While Meritor has operated a parts distribution center in the area for more than 25 years, the new center – complete with offices, training center, warehouse and operations – will focus on the distribution and packaging of parts.
The facility is Meri... |
| | | 02/14/12 | Meritor Announces Carl Anderson Vice President and Treasurer|
TROY, Mich., Feb. 14, 2012 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR), today announced Carl Anderson is being appointed to the position of vice president and treasurer. In this position, Anderson reports directly to Jay Craig, senior vice president and chief financial officer.
Anderson will be responsible for Treasury, Tax and Corporate Development. Previously, he served as assistant treasurer for Meritor. Anderson has been with the company for nearly six years. Prior to join... |
| | | 02/02/12 | Meritor Reports First-Quarter Fiscal Year 2012 Results| Revenue Increases $200 Million Compared to Prior Year
Completes Major Initiatives Targeted at Margin Expansion
TROY, Mich., Feb. 2, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2011.
First-Quarter Highlights
Sales were $1.159 billion, up $202 million or 21 percent, from the same period last year.
Net loss on a GAAP basis was $22 million (which includes $24 million in restructuring), compa... |
| | | 01/05/12 | Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2012 First-Quarter Earnings|
TROY, Mich., Jan. 5, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will host a telephone conference call and webcast to discuss the company's first-quarter results for fiscal year 2012 on Thursday, Feb. 2, 2012, at 9 a.m. (ET).
To participate, call (617) 213-4845 at least 10 minutes prior to the start of the call. Please reference participant pass code 74852200 when dialing in. Investors can also listen to the conference call in real time or access a recording of the call for s... |
| | | 01/02/12 | Meritor Announces Sale of St. Priest, France, Manufacturing Operation to Renault Trucks| Divestiture Further Optimizes Meritor's European Footprint
SAINT PRIEST, France, Jan. 2, 2012 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has completed the sale of the assets of its axle operation in Saint Priest, France, to Renault Trucks SAS. Terms of the sale were not disclosed.
(Photo: http://photos.prnewswire.com/prnh/20110330/DE73783LOGO )
"We believe this transaction takes us another step toward optimizing our footprint in Europe," said Chairman, ... |
| | | 12/01/11 | Meritor to Host Analyst Day in New York on Dec. 8| Accessible By Web Cast and Conference Call
TROY, Mich., Dec. 1, 2011 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) will host a webcast and conference call of its Analyst Day presentations on Thursday, Dec. 8, 2011, from 8:30 – 11:45 a.m. (ET) at The Waldorf=Astoria in New York City. Several members of Meritor's executive team will present to investors and analysts including:
Chip McClure, chairman, CEO and president
Jay Craig, chief financial officer
Tim Bowes, p... |
| | | 11/15/11 | Meritor Reports Fourth Quarter and Fiscal Year 2011 Results| Fiscal Year Net Income Up $51 Million Year-Over-Year
TROY, Mich., Nov. 15, 2011 /PRNewswire-FirstCall/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2011.
Fourth-Quarter Highlights
Sales from continuing operations were $1.2 billion, up $276 million or 29 percent, from the same period last year.
Net income on a GAAP basis was $31 million compared to $2 million in the prior year's fourth quarter.
... |
| | | 11/11/11 | Meritor Pledges $20,000 to Support New Freedom Center for Armed Service Members at Detroit Metropolitan Airport| TROY, Mich., Nov. 11, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) today announced a two-year pledge totaling $20,000 from the Meritor Trust Fund to support the new Freedom Center located in the McNamara Terminal at Detroit Metropolitan Airport.
The Freedom Center is a world-class reception and hospitality area designed to welcome military service members and their families to Detroit, whether passing through or in Detroit for an extended period. All off- and active duty member... |
| | | 10/17/11 | Meritor Launches Meritor Mobile, an Apple iPad Application| TROY, Mich., Oct. 17, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) announced that Meritor® Mobile(TM), a sales and service information tool, is now available for free download through the Apple App store and iTunes. The application is custom-designed to enhance the effectiveness and efficiency of sales and service personnel in the commercial vehicle industry. Meritor Mobile provides a detailed portfolio of Meritor's sales, maintenance, and technical information in an intuitive and e... |
| | | 10/05/11 | Meritor Hosts Conference Call and Web Cast to Present Fourth-Quarter and Full-Year Earnings for Fiscal Year 2011| TROY, Mich., Oct. 5, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) will host a telephone conference call and Web cast to discuss the company's fourth-quarter and full-year results for fiscal year 2011 on Tuesday, Nov. 15, 2011, at 9 a.m. (ET).
To participate, call (617) 213-4855 at least 10 minutes prior to the start of the call. Please reference participant passcode 48702141 when dialing in. Investors can also listen to the conference call in real time - or for seven days by reco... |
| | | 09/19/11 | Meritor Adds Durable, Higher Capacity Family Members - MTA25 and MTA30 - to Its Trailer Suspension Series| TROY, Mich., Sept. 19, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) today unveiled the newest suspension family members - the MTA25 (25,000 lb. capacity) and MTA30 (30,000 lb. capacity) - to its product line of trailing-arm air ride trailer suspension systems. The Meritor Trailing-Arm Air (MTA) Suspension is designed to meet the needs of North America truck and trailer operators in various vocational markets, including platform, tanker, bottom dump, grain, logging, transfer, side-du... |
| | | 08/04/11 | Meritor to Present at Jefferies Global Industrial and A&D Conference| TROY, Mich., Aug. 4, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) will participate in the Jefferies 2011 Global Industrial and A&D Conference on Tuesday, Aug. 9, in New York, N.Y.
Jay Craig, senior vice president and chief financial officer, Meritor, and Mary Lehmann, senior vice president, Treasury and Tax, Meritor, will present at 10:30 a.m. (ET).
A live Web cast of the presentation will be accessible via the Investors page of the company's Web site at www.meritor.com. An au... |
| | | 08/02/11 | Meritor Reports Third-Quarter Fiscal Year 2011 Results| Adjusted EBITDA Up 55 Percent Year-Over-Year on $321 Million of Increased Revenue
TROY, Mich., Aug. 2, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter ended June 30, 2011.
Third-Quarter Highlights
Sales were $1.287 billion, up $321 million or 33 percent, from the same period last year.
Net income on a GAAP basis was $17 million compared to a net loss of $3 million in the prior year's third quarter.
... |
| | | 07/21/11 | Meritor Announces Updated Guidance for its Third Quarter of Fiscal Year 2011| TROY, Mich., July 21, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) announced today it is tightening its EBITDA guidance within its previously announced range, while slightly lowering its revenue and free cash flow guidance for its third quarter of fiscal year 2011.
The company now anticipates the following results from continuing operations in the third quarter of fiscal year 2011.
Revenue in the range of $1,280 million to $1,290 million.
Adjusted EBITDA in th... |
| | | 07/21/11 | Meritor Announces Executive Appointments|
Ferro Appointed Executive Officer to Lead Industrial Segment
Bowes Now Responsible for Commercial Truck Business
TROY, Mich., July 21, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) today announced changes to its executive management team, effective immediately.
Meritor's board of directors has elected Pedro Ferro to the position of vice president and president of the company's Industrial segment and an executive officer. Ferro will report directly to Chip McClure, chairman, ... |
| | | 07/08/11 | Meritor Appoints Christy Daehnert, Director, Investor Relations| TROY, Mich., July 8, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) has appointed Christy Daehnert director, Investor Relations, effective July 15. Daehnert will report directly to Mary Lehmann, senior vice president, Treasury, Corporate Development, Communications and Investor Relations.
"We're excited for Christy to take on this important financial role for the company. Her background and industry experience will serve us well as we continue to provide our investors with pertin... |
| | | 07/01/11 | Meritor WABCO Hosts Chairman of National Transportation Safety Board to Demonstrate Advanced Safety Capabilities| TROY, Mich., July 1, 2011 /PRNewswire via COMTEX/ --Meritor WABCO Vehicle Control Systems hosted the Honorable Deborah A.P. Hersman, Chairman of the National Transportation Safety Board (NTSB), on June 28 at the Michigan Proving Ground in Romeo, MI. NTSB, an independent U.S. Federal agency, investigates and studies transportation accidents in the United States to provide safety recommendations for future accident prevention.
Chairman Hersman and NTSB staff experienced demonstrations of Meri... |
| | | 06/30/11 | Meritor Hosts Conference Call and Web Cast to Present Fiscal Year 2011 Third-Quarter Earnings Report| TROY, Mich., June 30, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) will host a conference call and Web cast to present the company's fiscal year 2011 third-quarter financial results on Tuesday, Aug. 2, 2011, at 9 a.m. (ET).
To participate, call (617) 213-4849, ten minutes prior to the start of the call. Please reference pass code 62728431 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting meritor.com.
... |
| | | 06/08/11 | Meritor Launches 18X Single Reduction Axle in Lindesberg, Sweden| LINDESBERG, Sweden, June 8, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) announced today it has taken another step toward increasing efficiency in commercial vehicles with the launch of its 18X rear axle for fast and heavy long-haul operations. Today at the company's manufacturing facility in Lindesberg, Sweden, Peter Karlsten, president of Volvo Powertrain and Rose-Marie Frebran, Governor of Orebro County, cut the ribbon on Meritor's 18X production line.
The 18X reduces fuel c... |
| | | 06/07/11 | Meritor Appoints Krista Sohm Vice President, Communications| TROY, Mich., June 7, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) has appointed Krista Sohm to the position of vice president, Communications, effective immediately. Lin Cummins, formerly senior vice president of Communications at Meritor for nearly 13 years, has elected to retire from Meritor at the end of the year, at which time she will explore other endeavors in the field of communications. Sohm will report directly to Mary Lehmann, senior vice president, Treasury, Corporate Dev... |
| | | 06/02/11 | Meritor Pledges $100,000 to The Henry Ford Education Pilot Program| Innovation Education Incubator funding to bring digital education resources into classrooms
MACKINAC ISLAND, Mich., June 2, 2011 /PRNewswire via COMTEX/ --Chip McClure, chairman, CEO and president at Meritor, Inc. (NYSE: MTOR) today announced a $100,000 contribution to The Henry Ford's Innovation Education Incubator (IEI) to launch a pilot program that brings digital education resources into classrooms and helps teachers meet Michigan and national education standards.
"Partnering with in... |
| | | 06/02/11 | Michigan Companies Back From the Brink Discuss Lessons Learned Before, During and After Recovery| Meritor, Detroit Medical Center, American Axle & Manufacturing present at Mackinac Policy Conference
MACKINAC ISLAND, Mich., June 2, 2011 /PRNewswire via COMTEX/ --Today at the Mackinac Policy Conference, Charles "Chip" McClure, chairman, CEO and president, Meritor, Inc.; Richard E. "Dick" Dauch, co-founder, chairman and CEO, American Axle & Manufacturing (AAM); and Michael E. Duggan, president and CEO, Detroit Medical Center (DMC) led a discussion titled "Improving Michigan's Economic Enviro... |
| | | 05/31/11 | Meritor Appoints Matthew Stevenson to General Manager, North American Field Operations & Marketing| TROY, Mich., May 31, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) has appointed Matthew Stevenson general manager, North American Field Operations & Marketing, effective immediately. Stevenson reports directly to Joe Plomin, vice president, Truck Americas, Meritor.
"Matt has been a valuable asset to the Marketing team in the time he has been with the company," Plomin said. "His field sales background and product marketing experience make him an excellent choice for this positio... |
| | | 05/31/11 | Meritor Appoints John Nelligan to General Manager, OEM Sales & National Accounts| TROY, Mich., May 31, 2011 /PRNewswire via COMTEX/ --Meritor Inc. (NYSE: MTOR) has appointed John Nelligan to the role of general manager, OEM Sales & National Accounts, replacing Dennis Kline who recently retired from the company after 36 years. Nelligan reports directly to Joe Plomin, vice president, Truck Americas for Meritor.
"John's extensive background in the North America truck industry is a vital component to being successful in this role," Plomin said. "He brings the perfect blend o... |
| | | 05/05/11 | Meritor to Present at Wells Fargo Securities Industrial and Construction Conference| TROY, Mich., May 5, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR), today announced that Jay Craig, senior vice president and chief financial officer, will present at the Wells Fargo Securities Industrial and Construction Conference on Wednesday, May 11, at The New York Palace Hotel in New York, N.Y.
A live Web cast of the company's presentation will be available beginning at 9:40 a.m. (ET) on Wednesday, May 11. To access the listen-only audio Web cast, visit meritor.com and select... |
| | | 05/03/11 | Meritor Reports Second-Quarter Fiscal Year 2011 Results| Net Income Up 31 Percent Year-Over-Year
TROY, Mich., May 3, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter ended March 31, 2011.
Second-Quarter Highlights
Sales were $1.2 billion, up $324 million or 37 percent, from the same period last year.
Net income on a GAAP basis was $17 million compared to $13 million in the prior year's second quarter.
Adjusted EBITDA was $81 million, up $20 million or ... |
| | | 04/05/11 | Meritor Hosts Conference Call and Web Cast to Present Fiscal Year 2011 Second-Quarter Earnings Report| TROY, Mich., April 5, 2011 /PRNewswire via COMTEX/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and Web cast to present the company's fiscal year 2011 second-quarter financial results on Tuesday, May 3, 2011, at 10 a.m. (ET).
To participate, call (617) 213-4850, ten minutes prior to the start of the call. Please reference pass code 80292815 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting meritor.com.
... |
| | | 03/31/11 | Meritor to Close Trailer Axle Business in Europe| TROY, Mich., March 31, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) announced today that it will close its European trailer axle business on July 31, 2011. The company currently estimates that charges in the range of $17 million to $23 million will be incurred over the next year in connection with these actions. Of these charges, an estimated $12 million to $18 million are expected to result in cash expenditures.
"This decision is driven by the competitive nature of the Europea... |
| | | 03/31/11 | Meritor Revises Second Quarter Earnings Guidance for Fiscal Year 2011| TROY, Mich., March 31, 2011 /PRNewswire via COMTEX/ --Meritor, Inc. (NYSE: MTOR) announced today it is revising guidance for its second quarter of fiscal year 2011. Chip McClure, chairman, CEO and president, and Jay Craig, chief financial officer, will host a luncheon with investors and analysts, which will be simultaneously web-cast, at the annual Mid-America Trucking Show at Noon on Thursday, March 31, 2011, at the Kentucky Expo Center in Louisville, Kentucky.
For the second quarter of fi... |
| | | 03/30/11 | ArvinMeritor, Inc. Changes Its Name to Meritor, Inc.| Announces "MTOR" as NYSE Ticker Symbol
TROY, Mich., March 30, 2011 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. has officially changed its name to Meritor, Inc. As a result, Meritor's ticker symbol on the New York Stock Exchange is MTOR (NYSE: MTOR), effective at the start of trading today.
With the divestitures of its light vehicle businesses now completed, the company is focused on commercial vehicle and industrial markets in every major region of the world. "Changing the company's name... |
| | | 03/25/11 | ArvinMeritor to Host Investor Luncheon at 2011 Mid-America Trucking Show| TROY, Mich., March 25, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced that Chip McClure, chairman, CEO and president, and Jay Craig, senior vice president and chief financial officer, will host a luncheon with investors and analysts at the annual Mid-America Trucking Show on Thursday, March 31, 2011, at the Kentucky Expo Center in Louisville, Kentucky.
To access the listen-only audio Web cast of the event which begins at Noon ET on March 31, visit the company'... |
| | | 03/16/11 | ArvinMeritor Announces 'MTOR' as New NYSE Ticker Symbol| TROY, Mich., March 16, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. today announced it will change its ticker symbol on the New York Stock Exchange from "ARM" to "MTOR," effective at the start of trading on March 30, 2011. The CUSIP number for the common stock will change from 043353 10 1 (ARM) to 59001K 10 0 (MTOR).
The ticker symbol change coincides with the company's official name change at that time from "ArvinMeritor" to "Meritor" to reflect the completion of a multi-year transfor... |
| | | 02/04/11 | ArvinMeritor to Present at Barclays Capital Industrial Select Conference| TROY, Mich., Feb. 4, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM), today announced that Jay Craig, senior vice president and chief financial officer, will participate in the Barclays Capital third annual Industrial Select Conference on Wednesday, Feb. 9, at The Ritz-Carlton in Miami, Florida.
(Logo: http://photos.prnewswire.com/prnh/20010524/ARVINLOGO )
A live Web cast of the company's presentation will be available beginning at 2:45 p.m. (ET) on Feb. 9, on the company's... |
| | | 02/01/11 | ArvinMeritor Reports First-Quarter Fiscal Year 2011 Results| Sees Strengthening in Global Truck Markets
TROY, Mich., Feb. 1, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its first fiscal quarter ended Dec. 31, 2010.
First-Quarter Highlights
Sales were $971 million, up $171 million or 21 percent, from the same period last year.
Net loss on a GAAP basis was $2 million compared to breakeven in the prior year's first quarter.
Adjusted EBITDA was $62 million, up $11 million or 2... |
| | | 01/18/11 | ArvinMeritor Announces Meritor Aftermarket Services Business| New Offering of Warehousing and Distribution Services for Customers in North America
LAS VEGAS, Jan. 18, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced during its press conference at the Heavy Duty Aftermarket Week in Las Vegas, Nev. that it will offer multiple logistics services to customers through a new business segment calledMeritor Aftermarket Services.
Through this new business, the company will addresscustomers' needs forvalue-added warehousing and d... |
| | | 01/18/11 | ArvinMeritor Appoints Daniel Hopgood as Vice President, Aftermarket, Americas| TROY, Mich., Jan. 18, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced the appointment of Daniel Hopgood as vice president, Aftermarket, Americas. Hopgood reports to Joe Mejaly, vice president and president, Aftermarket & Trailer, ArvinMeritor.
Hopgood is responsible for leading the development and execution of the strategic business plan for the company's Aftermarket organization in North and South America. His objective is to drive sustainable profitable growt... |
| | | 01/07/11 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2011 First-Quarter Earnings| TROY, Mich., Jan. 7, 2011 /PRNewswire via COMTEX/ --
ArvinMeritor, Inc. (NYSE: ARM) will host a conference call and Web cast to present the company's fiscal year 2011 first-quarter financial results on Tuesday, Feb. 1, 2011, at 10 a.m. (ET).
To participate, call (617) 213-4858, ten minutes prior to the start of the call. Please reference pass code 33659279 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting http://www.a... |
| | | 01/04/11 | ArvinMeritor to Present at 2011 Deutsche Bank Global Auto Industry Conference| TROY, Mich., Jan. 4, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced that Mary Lehmann, senior vice president, Treasury and Corporate Development will present at the annual Deutsche Bank Global Auto Industry Conference on Wednesday, Jan. 12 at the MGM Grand in Detroit, Mich.
A live web cast of the company's presentation will begin at 11:00 a.m. ET on Jan. 12. A downloadable version of the presentation will be available on the company's Web site at arvinmeritor.co... |
| | | 01/03/11 | ArvinMeritor Announces Sale of Body Systems Business| TROY, Mich., Jan. 3, 2011 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced that it has completed the sale of its Body Systems business to an affiliate of Inteva Products, LLC. The estimated purchase price at closing was $27.27 million, consisting of $12.27 million in cash at closing (adjusted for estimated balances in working capital and other items at the time of the closing) and a promissory note for $15 million, and is subject to adjustment for actual balances in worki... |
| | | 12/01/10 | ArvinMeritor to Host Analyst Day in New York on December 7| Accessible By Web Cast and Conference Call
TROY, Mich., Dec. 1, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) will host a web cast and conference call of its Analyst Day on Tuesday, Dec. 7, 2010, from 8:30 - 11:45 a.m. (ET) at The Waldorf=Astoria in New York City. Several members of ArvinMeritor's executive team will present to investors and analysts including:
Chip McClure, chairman, CEO and president
Carsten Reinhardt, senior vice president and chief oper... |
| | | 11/16/10 | ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2010 Results| Recognizes Net Income and Positive Cash Flow for the Fourth Quarter and Fiscal Year 2010
TROY, Mich., Nov. 16, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2010.
Fourth-Quarter Highlights
Sales were $956 million, up $259 million or 37 percent, from the same period last year.
Net income was $2 million compared to a net loss of $14 million in the prior year's fourth quarter.
... |
| | | 10/17/10 | Meritor WABCO Launches SafetyDirect(TM)| Offers Fleets Greater Efficiency with Comprehensive Real-Time Safety and Data Reporting
PHOENIX, Oct 17, 2010 /PRNewswire via COMTEX/ --
Meritor WABCO Vehicle Control Systems, today announced the availability of SafetyDirect(TM) at the 2010 American Trucking Association Management Conference and Exhibition. SafetyDirect is immediately available for order for all North American commercial vehicle fleets seeking to simplify delivery of detailed trend data as well as instant notification of vehi... |
| | | 10/04/10 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fourth-Quarter and Full-Year Earnings for Fiscal Year 2010| TROY, Mich., Oct 04, 2010 /PRNewswire via COMTEX/ --
ArvinMeritor, Inc. (NYSE: ARM) will host a telephone conference call and Web cast to discuss the company's fourth-quarter and full-year results for fiscal year 2010 on Tuesday, Nov. 16, 2010, at 9 a.m. (ET).
To participate, call (617) 213-4869 ten minutes prior to the start of the call. Please reference participant pass code 33567456 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recor... |
| | | 09/28/10 | ArvinMeritor to Present at Deutsche Bank Leveraged Finance Conference| TROY, Mich., Sept 28, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM), a Tier One supplier to the global transportation and industry sectors, today announced that Jay Craig, senior vice president and chief financial officer, will participate in the Deutsche Bank Leveraged Finance Conference on Thursday, Oct. 7, at The Phoenician in Scottsdale, Ariz.
A live Webcast of the company's presentation will be available at 7:10 p.m. (ET) on Oct. 7, on the company's Web site, http://www... |
| | | 09/20/10 | ArvinMeritor Introduces LogixDrive(TM) Intelligent Axle System| Benefits Include Improved Vehicle Fuel Economy and Reduced Greenhouse Gas Emissions
HANNOVER, Germany, Sept 20, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today introduced its new Meritor(R) LogixDrive(TM) ultra-high efficiency axle system at the 63rd IAA Commercial Vehicle Show in Hannover. The introduction of LogixDrive follows the successful launch of the company's high efficiency 17X carrier technology in 2008.
Engineered to actively monitor vehicle operating condit... |
| | | 09/20/10 | ArvinMeritor Announces Launch of the 18X Single Reduction Axle for the European Commercial Vehicle Market| Offers High-Efficiency Solution for Heavy Line Haul Applications
HANNOVER, Germany, Sept 20, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today launched it's new, high-efficiency 18X heavy haul axle at the 63rd IAA Commercial Vehicle Show in Hannover.
Available in 2011, the new Meritor 18X is targeted for the on-highway market with GCW weights of 65+ tonnes and more than 700 hp. Using a single reduction design, it is targeted towards the most demanding applications, inclu... |
| | | 09/20/10 | ArvinMeritor Demonstrates Commitment to Expand Its Brake Leadership Position in China With New Plant and Technical Center| HANNOVER, Germany, Sept 20, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) reiterated its commitment to bring leading-edge brake technology to the China market at the 63rd IAA Commercial Vehicle Show in Hannover.
The company recently announced plans to invest $15 million to expand its capabilities in Nanjing, located in the Jiangsu Province, with both a technical center and manufacturing facility. This move is part of ArvinMeritor's strategy to deploy its capabilities to supp... |
| | | 09/20/10 | ArvinMeritor Plans to Invest $42 Million to Aggressively Enhance Its Foundation Brake Position in Europe| HANNOVER, Germany, Sept 20, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today at the IAA Hannover Commercial Vehicle Show that it plans to invest $42 million to advance its foundation brake leadership position in Europe. This investment is focused on five key areas:
Expansion of the successful ELSA air disc brake and S-Cam product lines
Development of future generation braking technologies
Vehicle and lab performance testing and validation
Best-in-class ma... |
| | | 09/20/10 | ArvinMeritor Introduces All-Wheel Drive Capability to the European Market| HANNOVER, Germany, Sept 20, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced the expansion of its successful European hub reduction product line, with the MX series of front drive steer axles, targeted particularly for heavy construction and military applications.
Available initially with a 13-tonne gross axle rating and ratios from 3.46 to 7.21, the MX front drive axles are designed for use in 4x4, 6x6 and 8x6 applications.
"With the MX, ArvinMeritor is... |
| | | 09/09/10 | ArvinMeritor's ProTec High Mobility Independent Suspensions to be Equipped on BAE Systems' Caiman Multi-Terrain Vehicle| TROY, Mich., Sept 09, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) announced today that its Meritor ProTec(TM) High Mobility Independent Suspensions (HMIS) will be standard on BAE Systems' Caiman Multi-Terrain Vehicle (MTV), providing advanced force protection, mobility and ride quality. Initial production deliveries to BAE Systems will begin in November 2010.
BAE Systems has received an award from the U.S. Government to upgrade 1,700 Caiman Mine Resistant Ambush Protected ... |
| | | 08/03/10 | ArvinMeritor Announces Agreement to Sell Body Systems Business| TROY, Mich., Aug 03, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc., (NYSE: ARM) today announced that it has reached an agreement to sell its Body Systems business to an affiliate of Inteva Products, LLC, a wholly owned subsidiary of The Renco Group, Inc. The transaction is subject to regulatory approvals and other customary closing conditions. The purchase price is approximately $35 million, including deferred consideration and excluding potential adjustments for items such as working capita... |
| | | 08/03/10 | ArvinMeritor Reports Third-Quarter Fiscal Year 2010 Results| Pretax Income Up $52 Million on Increased Revenues of 35 Percent
TROY, Mich., Aug 03, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its third fiscal quarter ended June 30, 2010.
Quarterly Highlights
Sales were $1.3 billion, up $333 million or 35 percent, from the same period last year.
Income before taxes was $31 million, compared to a loss of $21 million, in the third quarter of fiscal year 2009.
Net loss was $3 m... |
| | | 07/29/10 | ArvinMeritor Appoints Larry Ott as Senior Vice President of Human Resources| TROY, Mich., July 29, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced the appointment of Larry Ott as senior vice president of Human Resources, effective Aug. 1, 2010. The Board of Directors also today elected Ott as an officer of the company.
Ott will be responsible for leadership and management of the human resources function for the company's 13,200 employees at more than 95 locations in 25 countries. Additionally, he will provide strategic focus in employ... |
| | | 07/27/10 | ArvinMeritor Launches New Public Website| TROY, Mich., July 27, 2010 /PRNewswire via COMTEX/ --
ArvinMeritor, Inc. (NYSE: ARM) announced today it launched a redesigned and newly architected website at http://www.arvinmeritor.com/. The new site is equipped with an advanced search engine, intuitive navigation and a wealth of information about the history and vision of the company, its products, customer support services, advanced solutions, sustainability strategy and career opportunities, in addition to comprehensive investor resources.... |
| | | 07/20/10 | ArvinMeritor Announces Planned Investment to Expand Engineering Capabilities at Technical Center in Troy, Michigan| TROY, Mich., July 20, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) announced today its intention to invest $23 million over the next five years to expand its advanced technologies capabilities at its technical center in Troy, Mich. This project is expected to create 125 jobs at the company by 2014.
"ArvinMeritor is investing in a spectrum of advanced technologies that are focused on fuel efficiency, next generation brake technology, suspensions and vehicle dynamics capabili... |
| | | 07/19/10 | ArvinMeritor Revises Fiscal Year 2010 Third-Quarter Earnings Conference Call and Web Cast Timing| TROY, Mich., July 19, 2010 /PRNewswire via COMTEX/ --
ArvinMeritor, Inc. (NYSE: ARM) announced today it will now host its conference call and Web cast to present the company's fiscal year 2010 third-quarter financial results on Tuesday, Aug. 3, 2010, at 10 a.m. (ET), rather than as previously announced at 9 a.m.
To participate, call (617) 213-4861, ten minutes prior to the start of the call. Please reference pass code 51410929 when dialing in. Investors can also listen to the conference cal... |
| | | 07/08/10 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2010 Third-Quarter Earnings| TROY, Mich., July 8, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) will host a conference call and Web cast to present the company's fiscal year 2010 third-quarter financial results on Tuesday, Aug. 3, 2010, at 9 a.m. (ET).
To participate, call (617) 213-4861, ten minutes prior to the start of the call. Please reference pass code 51410929 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting www.arvinmer... |
| | | 06/14/10 | ArvinMeritor Appoints David Giroux as Director of Global Brand Management and Marketing Communications-Americas| TROY, Mich., June 14, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced the appointment of David Giroux as director of global brand management and marketing communications for the Americas. In this role, he is responsible for directing the company's worldwide branding efforts, as well as the strategic direction and market execution for the company's Truck, Industrial and Aftermarket and Trailer business segments' marketing communications activities in North and South... |
| | | 06/03/10 | Chip McClure Elected First Vice Chair of Detroit Regional Chamber| Goal to Renew Detroit Regional Chamber Focus on Manufacturing
TROY, Mich., June 3, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) Chairman, CEO and President Chip McClure has been named first vice chair of the Detroit Regional Chamber Board of Directors for the 2010-2011 program year and co-chair of the 2011 Mackinac Policy Conference. In this position, McClure will help lead a charge that will bring viability back to U.S. manufacturing.
"As vice chair, I will continue to b... |
| | | 05/05/10 | New Meritor Trailer Suspension Series Brings Performance Benefits to North American Truck-Trailer Operators| FRANKFORT, Ky., May 5, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today unveiled an all-new series of durable, trailing-arm air ride trailer suspensions to meet the needs of North American truck-trailer operators in vocational markets - including platform, tank, grain, dump, chassis, bulk, specialty, lowboy, livestock and specialty vans.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The Meritor Trailing-Arm Air (MTA) suspension series was introduced h... |
| | | 05/04/10 | ArvinMeritor Reports Second-Quarter Fiscal Year 2010 Results| Announces Net Income from Continuing Operations Up $64 Million from Prior Year and Positive Free Cash Flow for Fourth Consecutive Quarter
TROY, Mich., May 4, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its second fiscal quarter ended March 31, 2010.
Quarterly Highlights
Sales of $1.2 billion, up approximately $245 million or 25 percent, from the same period last year.
Net income from continuing operations was $16 millio... |
| | | 04/30/10 | ArvinMeritor Announces Additional Investment in Brazil| Invests $10 Million USD in New Supplier Park Adjacent to MAN Factory
SAO PAULO, April 30, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) announced today it will invest approximately $10 million USD to build a new axle manufacturing operation in Resende, Brazil, to support MAN's production of trucks and buses in the region.
On April 15, Georg Pachta-Reyhofen, president and CEO of MAN, announced investments of approximately $50 million USD to establish a supplier park in the i... |
| | | 04/27/10 | Meritor MXL Drivelines Selected as Standard Equipment on Freightliner, Western Star Trucks| TROY, Mich., April 27, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) today announced that Meritor(R) MXL (Meritor Xtended Lube) drivelines have been selected as standard equipment on all Daimler Trucks North America LLC (DTNA) heavy duty vehicles. New Freightliner Cascadia(R), Coronado(R) and Coronado SD and Western Star(R) trucks with a start of production after April 26th will incorporate this component change.
Designed for truck operators who seek reduced maintenance costs ... |
| | | 04/08/10 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2010 Second-Quarter Earnings Report| TROY, Mich., April 8, 2010 /PRNewswire via COMTEX/ --ArvinMeritor, Inc. (NYSE: ARM) will host a conference call and Web cast to present the company's fiscal year 2010 second-quarter financial results on Tuesday, May 4, 2010, at 9 a.m. (ET).
To participate, call (617) 213-4846, ten minutes prior to the start of the call. Please reference pass code 67997437 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting www.arvinmeri... |
| | | 03/24/10 | New Meritor 14X Drive Axle Offers North American Truck Operators Distinct Efficiency, Long-Life Improvements| Next-generation axle sets new standard for linehaul marketLOUISVILLE, Ky., March 24, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today unveiled an all-new Meritor 14X tandem drive axle. The new drivetrain component is an advanced evolutionary axle system built on the legacy of the RT145, one of the industry's most successful tandem axles. With an extensive engineering pedigree, the new axle was created to maximize performance and ensure efficiency for North American truck oper... |
| | | 03/23/10 | ArvinMeritor Announces Results and Proration of Its Tender Offer for Up to $175 Million of Its 8-3/4% Notes due 2012| TROY, Mich., March 23, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced the results and proration of its previously announcedtender offer for up to $175 million aggregate principal amount of its 8-3/4% Notes due 2012.
The offer commenced on February 23, 2010 and expired at 11:59 p.m. New York City time on March 22, 2010 (the "Expiration Date"). As of 11:59 p.m. New York City time on the Expiration Date, $264.2 million aggregate principal amount of the notes were v... |
| | | 03/01/10 | ArvinMeritor Announces Exercise in Full by Underwriters of Over-Allotment Option to Purchase Additional 2,602,500 Shares of Common Stock| TROY, Mich., March 1, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that the underwriters in its previously announced underwritten registered public offering of 17,350,000 shares of ArvinMeritor's common stock, par value $1 per share, have exercised in full their over-allotment option to purchase 2,602,500 additional shares of common stock at a price of $10.50 per share. The offering of all 19,952,500 shares is expected to close on March 3, 2010, subject to custo... |
| | | 02/26/10 | ArvinMeritor Increases Total Consideration and Tender Offer Consideration in Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes due 2012| TROY, Mich., Feb 26, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has increased the price it will pay for its 8-3/4% Notes due 2012 that are tendered pursuant to its previously announcedtender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012.
The Total Consideration for each $1,000 principal amount of notes tendered pursuant to the offer has been increased to $1,097.50. Holders of notes that are validly t... |
| | | 02/26/10 | ArvinMeritor Announces Pricing of $250 Million of Senior Unsecured Notes| TROY, Mich., Feb 26, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announcedthe pricing of its senior unsecured notes in an aggregate principal amount of $250 million in an underwritten registered public offering. The $250 million of notes will mature in March 2018 and will bear interest at an annual rate of 10.625%. The offering is expected to close on March 3, 2010, subject to customary closing conditions.
ArvinMeritor intends to use the net proceeds from the offering ... |
| | | 02/25/10 | ArvinMeritor Announces Pricing and Increased Size of Common Stock Offering| TROY, Mich., Feb 25, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it priced an underwritten public offering of 17,350,000 shares of common stock, par value $1 per share, at a price of $10.50 per share. The size of the offering was increased from the previously announced 15,000,000 shares. In connection with this offering, ArvinMeritor has granted the underwriters an over-allotment option to purchase up to 2,602,500 additional shares of its common stock. The... |
| | | 02/23/10 | ArvinMeritor Announces Tender Offer for Up to $175 Million of the Company's 8-3/4% Notes Due 2012| TROY, Mich., Feb 23, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced the commencement of a tender offer for up to $175 million aggregate principal amount of ArvinMeritor's 8-3/4% Notes due 2012 in the manner described below. The total outstanding principal amount of the notes included in the offer is approximately $276 million. ArvinMeritor will conduct the offer in accordance with terms and conditions described in its Offer to Purchase dated Feb. 23, 2010. The of... |
| | | 02/23/10 | ArvinMeritor Announces Offering of Senior Unsecured Notes| TROY, Mich., Feb 23, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announcedthat it is offering, subject to market and other conditions, a series of its senior unsecured notes in an underwritten registered public offering.
ArvinMeritor intends to use the net proceeds from the offering to repurchase up to $175 million of its 8-3/4% notes due 2012 and for general corporate purposes.
BofA Merrill Lynch, J.P. Morgan Securities Inc., Citi and RBS Securities Inc. are acting... |
| | | 02/23/10 | ArvinMeritor Announces Offering of Common Stock| TROY, Mich., Feb 23, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announcedthat it is offering, subject to market and other conditions, 15,000,000 shares of its common stock, par value $1 per share, in an underwritten registered public offering. In connection with this offering, ArvinMeritor intends to grant the underwriters an over-allotment option to purchase up to 2,250,000 additional shares of its common stock.
ArvinMeritor intends to use the net proceeds from the ... |
| | | 02/17/10 | ArvinMeritor Reiterates Earnings Expectations for Fiscal Year 2010 Second-Quarter and Planning Assumptions for Full Fiscal Year| TROY, Mich., Feb 17, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) will reiterate guidance today for its second quarter of fiscal year 2010 and its planning assumptions for full fiscal year 2010, during its presentation at Barclays Capital Industrial Select Conference in Miami, Fla. The presentation by ArvinMeritor will be simultaneously webcast to the public and the materials will be posted on www.arvinmeritor.com.
The company's financial guidance for the second quarter of fi... |
| | | 02/16/10 | ArvinMeritor To Present at Barclays Capital Industrial Select Conference| TROY, Mich., Feb 16, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM), today announced that Jay Craig, senior vice president and chief financial officer, will participate in the Barclays Capital Industrial Select Conference on Wednesday, Feb. 17, at The Loews Miami Hotel in Miami Beach, Florida.
A live Web cast of the company's presentation will be available beginning at 1:05 p.m. (ET) on Feb. 17, on the company's Web site at http://www.arvinmeritor.com/. An audio replay will be ... |
| | | 02/02/10 | ArvinMeritor Reports Fiscal Year 2010 First-Quarter Results| Profitability Dramatically Improves with Growth in Global MarketsTROY, Mich., Feb 02, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its first fiscal quarter ended Dec. 31, 2009.
First-Quarter Highlights
First-quarter sales were $1.1 billion, approximately a 16-percent increase from the fourth quarter of fiscal year 2009; and down slightly from $1.2 billion in the first quarter of fiscal year 2009.
Net income on a GAAP basis... |
| | | 01/19/10 | ArvinMeritor Named 2009 Heavy Duty Remanufacturer of the Year by APRA| LAS VEGAS, Jan 19, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor today was named Heavy Duty Remanufacturer of the Year for 2009 by the Heavy Duty Remanufacturing Group (HDRG) of the Automotive Parts Remanufacturers Association (APRA). The award was presented to Doug Wolma, general manager-remanufacturing, ArvinMeritor, here at the fourth annual Heavy Duty Remanufacturing Group Summit, held in conjunction with Heavy Duty Aftermarket Week in Las Vegas.
According to Bill Gager, president of APRA/H... |
| | | 01/18/10 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2010 First-Quarter Earnings| TROY, Mich., Jan 18, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) will host a conference call and Web cast to present the company's fiscal year 2010 first-quarter financial results on Tuesday, Feb. 2, 2010, at 9 a.m. (ET).
To participate, call (617) 213-4850, ten minutes prior to the start of the call. Please reference pass code 79923237 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting www.arvinmerit... |
| | | 01/11/10 | ArvinMeritor Demonstrates Advanced Technologies for Class 8 Commercial Vehicles to U.S. Secretary of Transportation Ray LaHood| TROY, Mich., Jan 11, 2010 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today hosted U.S. Secretary of Transportation Ray LaHood to showcase the company's advanced technologies for Class 8 commercial vehicles. Highlighted technologies included the dual-mode hybrid Class 8 drivetrain and stability control and collision safety systems, offered by the company's Meritor WABCO joint venture.
Secretary LaHood and other members of the U.S. Department of Transportation (DOT) met with the c... |
| | | 12/10/09 | ArvinMeritor to Host Analyst Day in New York on December 15| Accessible By Web Cast and Conference CallTROY, Mich., Dec 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) will host a web cast and conference call of its Analyst Day on Tuesday, Dec. 15, 2009, from 8 a.m. to Noon (ET) at The Waldorf=Astoria in New York City. Several members of ArvinMeritor's executive team will present to investors and analysts including:
-- Chip McClure, chairman, CEO and president
-- Carsten Reinhardt, chief operating officer
--... |
| | | 11/10/09 | ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2009 Results| Sees Improving Conditions in Global MarketsTROY, Mich., Nov 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2009.
Fourth-Quarter Highlights
-- Fourth-quarter sales were $984 million, approximately a four percent
increase from the third quarter of fiscal year 2009; down from $1.5
billion in the fourth quarter of fiscal year 2008.
-- On a GAAP... |
| | | 11/10/09 | ArvinMeritor Announces Executive Appointments| - Reinhardt Appointed Senior Vice President and Chief Operating Officer- Bowes and Mejaly Appointed Executive OfficersTROY, Mich., Nov 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that the board of directors has elected Carsten Reinhardt to the position of senior vice president and chief operating officer (COO). Also elected executive officers of ArvinMeritor are Tim Bowes, appointed vice president and president, Industrial, and Joe Mejaly, named v... |
| | | 10/30/09 | ArvinMeritor Completes Sale of Meritor Suspension Systems Company|
TROY, Mich., Oct. 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that it has completed the sale of its 57-percent stake in the Meritor Suspension Systems Company (MSSC) joint venture to Mitsubishi Steel Mfg., LTD (MSM) for approximately $13 million, which included a $12 million cash dividend received by ArvinMeritor in the third quarter.
"The completion of this transaction is another milestone toward ArvinMeritor focusing primarily on supplying advanced produ... |
| | | 10/13/09 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fourth-Quarter and Full-Year Earnings for Fiscal Year 2009|
TROY, Mich., Oct. 13 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) will host a telephone conference call and Web cast to discuss the company's fourth-quarter and full-year results for fiscal year 2009 on Tuesday, Nov. 10, 2009, at 9 a.m. (ET).
To participate, call (617) 213-4837 ten minutes prior to the start of the call. Please reference participant pass code 85768695 when dialing in. Investors can also listen to the conference call in real time -- or the recorded ... |
| | | 10/08/09 | ArvinMeritor Wins Antitrust Lawsuit Against Eaton Corporation|
TROY, Mich., Oct. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that a jury has ruled in favor of ZF Meritor LLC, a venture between ArvinMeritor and ZF Friedrichshafen AG, and Meritor Transmission Corporation, an ArvinMeritor company, in the companies' antitrust lawsuit against Eaton Corporation (NYSE: ETN). The jury found that Eaton engaged in exclusionary and anticompetitive conduct in the sale and marketing for heavy-duty truck transmissions. The case was tr... |
| | | 09/24/09 | ArvinMeritor Expands Engineering Expertise with New Technical Center in India| BANGALORE, India, Sept. 24 /PRNewswire-FirstCall/ -- At an event held today in Bangalore, India, ArvinMeritor (NYSE: ARM) officially opened a new technical center which will lead the company's advanced product development initiatives for its broad portfolio of axles and brakes for commercial and other vehicle applications in Asia Pacific, and will support the company's engineering needs in North America, South America and Europe.
"Growth in Asia Pacific, particularly India and China, is a... |
| | | 09/23/09 | ArvinMeritor To Present at Deutsche Bank Leveraged Finance Conference|
TROY, Mich., Sept. 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM), a Tier One supplier to the global transportation and industry sectors, today announced that Jay Craig, senior vice president and chief financial officer, will participate in the Deutsche Bank Leveraged Finance Conference on Wednesday, Sept. 30, at The Phoenician in Scottsdale, Ariz.
A live Webcast of the company's presentation will be available at 7:50 p.m. (ET) on Sept. 30, on the company's We... |
| | | 09/21/09 | ArvinMeritor Completes Sale of Wheels Business to Iochpe-Maxion S.A.|
TROY, Mich., Sep. 21 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has completed the previously announced sale of its Wheels business - formerly a division of the company's Light Vehicle Systems segment - to Iochpe-Maxion S.A., a Brazilian producer of wheels and frames for commercial vehicles, railway freight cars and castings, for approximately $180 million. The company expects to use the net proceeds of $169 million from the sale to reduce outstandin... |
| | | 09/08/09 | ArvinMeritor Enters into New, Two-Year U.S. Receivable Securitization Agreement|
TROY, Mich., Sept. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that the company has entered into a new, two-year U.S. receivables financing arrangement (the "New Facility"). Under the terms of the New Facility, ArvinMeritor's subsidiary, ArvinMeritor Receivables Corporation ("ARC"), will purchase eligible accounts receivable from certain other ArvinMeritor subsidiaries (the "Originators") and will borrow under a credit facility funded by multiple lenders. ... |
| | | 08/10/09 | ArvinMeritor to Invest in Brazil Operations, Focus on On- and Off-Highway Markets| Company Divests its Wheels Business
SAO PAULO, Aug. 10 /PRNewswire/ -- ArvinMeritor Inc.'s (NYSE: ARM)
Chairman, CEO and President Chip McClure today announced that the company is
committed to remaining a strong and growing manufacturer and supplier in South
America. Addressing a group of South American journalists, he said the company
is focused on becoming a global commercial vehicle company with expanded
leadership in original equipment and aftermarket for... |
| | | 08/07/09 | ArvinMeritor Appoints Brett Penzkofer Senior Director of Investor Relations| TROY, Mich., Aug. 7 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced that Brett Penzkofer is named senior director of Investor Relations
for the company, effective immediately.
In this position, Brett is responsible for global investor strategy, which
encompasses developing and communicating ArvinMeritor's financial fundamentals
and strategic vision to the company's shareowners and financial constituents.
He previously held senior director positions in Global Financ... |
| | | 08/04/09 | ArvinMeritor Reports Third-Quarter Fiscal Year 2009 Results| --Announces Sale of Wheels Business UnitTROY, Mich., Aug 04, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its third quarter ended June 30, 2009.
Highlights
-- Cash flow from operations was $99 million compared to $114 million in
the same period last year.
-- Free cash flow was $73 million compared to $59 million in the same
period last year.
-- Fully complied with all covenants in its revolv... |
| | | 07/28/09 | ArvinMeritor Appoints Kevin Nowlan Vice President and Treasurer| Lehmann to Assume Expanded Role Leading the Company's Strategic Initiatives
TROY, Mich., July 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced that Kevin Nowlan is appointed vice president and
Treasurer, effective immediately. In this role, Nowlan will assume
responsibility for the company's global capital market and treasury
activities. He will report directly to Jay Craig, senior vice president and
chief financial officer.
"Kevin brings extensive expe... |
| | | 07/20/09 | ArvinMeritor Signs Strategic Partnership with Yutong Group Co., Ltd. to Supply Drivetrain Components in China| SHANGHAI, July 20 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it has signed a strategic partnership with Yutong Group
Co., Ltd. to supply drivetrain components for buses and coaches in China.
"We are proud to partner with Yutong, the largest producer of high-end
buses and coaches in the China market," said Tim Bowes, vice president and
managing director of Asia Pacific for ArvinMeritor. "We believe this new
business will strengthen the existing par... |
| | | 07/08/09 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 Third-Quarter Earnings| TROY, Mich., July 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) will host a conference call and Web cast to present the company's fiscal
year 2009 third-quarter financial results on Tuesday, Aug. 4, 2009, at 9 a.m.
(ET).
To participate, call (617) 213-4867, ten minutes prior to the start of the
call. Please reference pass code 51892323 when dialing in. Investors can also
listen to the conference call in real time - or for seven days by recording -
by visiting www.arvi... |
| | | 06/29/09 | ArvinMeritor Divests Additional Light Vehicle Systems Chassis Business| Sells Gabriel Ride Control Products North America Business to OpenGate
Capital
TROY, Mich., June 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced that it has reached agreement to divest another one of
its light vehicle Chassis businesses, bringing the total number of units
divested this year to three. The company reached a definitive agreement to
sell its Gabriel Ride Control Products North America ("Chassis Ride Control")
business to OpenGate Capital, a... |
| | | 06/24/09 | ArvinMeritor Divests Ownership Stakes in Two Light Vehicle Systems Chassis Businesses| TROY, Mich., Jun 24, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has reached agreements to divest its entire ownership stakes in two joint ventures in its light vehicle Chassis business. Together, these transactions will result in the divestiture of 45 percent of the Chassis Systems business (as measured by 2008 sales).
The company entered into a binding letter of intent to sell its 57 percent stake in Meritor Suspension Systems Company ("MS... |
| | | 06/11/09 | ArvinMeritor Hybrid Dual-Mode Drivetrain Participates in HTUF Truck Convoy| -- Designed to meet current Class 8 linehaul requirements for payload capacity, performance, and durability
-- Dual mode hybrid drivetrain allows extended operation in battery-only zero-emission mode, eliminates idling
-- Propelled by an electric motor under 48 mph, transitioning to diesel power at highway speeds
WASHINGTON, June 11, 2009 /PRNewswire via COMTEX/ -- ArvinMeritor Inc. (NYSE: ARM) participated in today's hybrid truck 'convoy' to Capitol Hill, sponsored by Hybrid ... |
| | | 06/10/09 | Hybrid Truck 'Convoy' Comes to Capitol Hill - Includes ArvinMeritor's Hybrid Dual-Mode Drivetrain for Heavy-Duty Trucks| Who: ArvinMeritor, Inc., Troy, Mich., among other
companies as members of the Hybrid Truck Users Forum
What: Hybrid on the Hill Day includes an impressive,
all-day technology showcase of medium- and
heavy-duty hybrids
When: Thursday, June 11, 2009
Trucks on display from 10 am - 4 pm
Briefing / speakers 11 am - 12 pm
Where: at the Capitol Reflecting Poo... |
| | | 06/03/09 | ArvinMeritor Regains Compliance With NYSE's Continued Listing Standards| TROY, Mich., June 3 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced that on June 1, 2009, the company was notified by the New
York Stock Exchange, Inc. ("NYSE") that, based upon modified listing standards
adopted by the NYSE, it has regained compliance with the NYSE's continued
listing standards.
As previously disclosed, the company was notified by the NYSE in March
2009 that it had fallen below the continued listing standard requiring the
average market c... |
| | | 05/29/09 | ArvinMeritor Earns State and National Recognition for Supporting Employees in the Military| Company Selected for Michigan 'Pro Patria' Award; Nominated for National
'Employer Support Freedom Award'
TROY, Mich., May 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) has earned the highest level award in Michigan for providing exceptional
support to its employees who serve in the U.S. military and is in contention
for a similar national award from the U.S. Secretary of Defense.
The Michigan Committee for Employer Support of the Guard and Reserve
(ESGR) will pr... |
| | | 05/05/09 | ArvinMeritor Reports Second-Quarter Fiscal Year 2009 Results| TROY, Mich., May 5, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its second fiscal quarter ended March 31, 2009.
Quarterly Highlights
Sales of $1.1 billion, down approximately $671 million, or 38 percent,
from the same period last year (down 32 percent on a constant currency
basis).
On a GAAP basis, net loss from continuing operations was $52 million or
$0.72 per diluted share, compared... |
| | | 04/27/09 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 Second-Quarter Earnings Report| TROY, Mich., April 27 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) will host a conference call and Web cast to present the company's fiscal
year 2009 second-quarter financial results on Tuesday, May 5, 2009, at 4:30
p.m. (ET).
To participate, call (617) 213-4854 ten minutes prior to the start of the
call. Please reference pass code 85210970 when dialing in. Investors can also
listen to the conference call in real time - or for seven days by recording -
by visiting www.... |
| | | 04/22/09 | ArvinMeritor Recycles 89 Percent of Waste Materials Globally| Also Reducing Greenhouse Gas Emissions, Volatile Organic Compounds, and
Water Consumption
TROY, Mich., April 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) announced today - as part of its global sustainability platform - that it
has increased its recycling rate year-over-year to 89 percent from 83 percent.
In 2008, more than 486 million pounds of materials from around the world -
including metals, cardboard, wood and paper - were recycled for other
applications.
... |
| | | 04/13/09 | ArvinMeritor Announces Annual Savings of $430 Million as Result of Aggressive Cost-Reduction Actions| TROY, Mich., April 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has taken actions since October 2008 which will result in savings of approximately $430 million on an annual basis.
"The difficult conditions we continue to experience in our commercial and light vehicle markets has required us to take aggressive steps during the past six months to align our organization to the lower capacity levels," said Chip McClure, chairman, CEO and presi... |
| | | 04/09/09 | Meritor WABCO Honored by Frost & Sullivan for Innovation and Advancement of the Year Award for its OnGuard(TM) Collision Safety System| TROY, Mich., April 9, 2009 /PRNewswire via COMTEX/ -- Meritor WABCO Vehicle Control Systems has been awarded the prestigious 2009 North American Industry Innovation & Advancement of the Year Award in Class 6-8 truck safety systems by Frost & Sullivan for the joint venture's superior innovation, technological advancement and business performance in developing and marketing the OnGuard(TM) collision safety system. According to Frost & Sullivan, the new product represents a significant safety upgra... |
| | | 03/20/09 | ArvinMeritor Notified by NYSE of Non-Compliance With a Listing Standard| TROY, Mich., March 20, 2009 /PRNewswire via COMTEX/ -- TROY, Mich., March 20 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that on March 17, 2009, the company was notified by the New York Stock Exchange, Inc. (the "NYSE") that it has fallen below NYSE's continued listing standard related to total market capitalization and stockholders' equity. The NYSE requires that the average market capitalization of a listed company not be less than $75 million over a consecutive 30... |
| | | 03/19/09 | ArvinMeritor Expands Training Opportunities for Truck Operators, Technicians, Dealers and Distributors| LOUISVILLE, Ky., March 19, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc (NYSE: ARM) today announced a suite of Meritor(R) blended learning(1) programs for 2009 incorporating self-guided online learning, virtual classroom webinars, and on-site instruction. Based on customer feedback, the training programs are designed to provide the broadest possible menu of practical learning experiences for heavy-duty truck operators and technicians, as well as dealers and distributors.
The prog... |
| | | 03/19/09 | ArvinMeritor Introduces Meritor MXL(R) Driveline with 100,000 Miles Lubrication Interval| LOUISVILLE, Ky., March 19, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc (NYSE: ARM) today introduced the Meritor(R) MXL (Meritor Extended Lube), a new series of greaseable drivelines with 100,000-mile lubrication intervals and a three-year, 300,000-mile warranty in linehaul service. The product was designed for truck operators who seek reduced maintenance costs and a longer warranty.
The new driveline - with the same product ratings and application guidelines as the popular Merit... |
| | | 03/05/09 | Meritor Suspension Systems Company to Close Coil Spring Operations in Milton, Ontario, Canada| MILTON, Canada, March 5 /PRNewswire/ -- Meritor Suspension Systems Company
(MSSC), a joint venture between ArvinMeritor, Inc. (NYSE: ARM) and Mitsubishi
Steel Manufacturing, announced today that it plans to close its coil spring
operations in Milton, Ontario, Canada. The company met with union officials of
the Canadian Auto Workers Local 1067 today to discuss the closure plans which
will impact all 165 employees.
"We are experiencing unprecedented economic pressure within the globa... |
| | | 02/26/09 | ArvinMeritor Selected as Drivetrain Technology Partner on Two OEM Vehicle Platforms for Major Defense Program| TROY, Mich., Feb. 26 /PRNewswire-FirstCall/ --ArvinMeritor, Inc. (NYSE:
ARM) today announced it will be the drivetrain supplier for two of the three
prime contractors awarded technology demonstrator contracts for the Joint
Light Tactical Vehicle (JLTV) - Lockheed Martin Systems Integration and BAE
Systems U.S. Combat Systems.
ArvinMeritor has developed advanced technology solutions for the JLTV
program that include the Meritor lightweight, high mobility independent
suspensions, an... |
| | | 02/25/09 | ArvinMeritor Proud to Sponsor American Heart Association Campaign| TROY, Mich. Feb. 25 /PRNewswire/ -- ArvinMeritor (NYSE: ARM) today
announced that the 2009 Metro Detroit Go Red For Women(R) program chaired by
Lin Cummins, senior vice president of Communications for ArvinMeritor, reached
a new fundraising record of more than $425,000.
"In one of the most challenging economic times in history, I am proud of
the support we received from local businesses and individuals to help wipe out
heart disease, the number one killer of women today," said Cumm... |
| | | 02/17/09 | ArvinMeritor Names Christopher Kete Vice President and General Manager of Specialty Products Business Unit| TROY, Mich., Feb. 17 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it has appointed Christopher Kete, vice president and
general manager, Specialty Products.
In this position, Kete will be responsible for ArvinMeritor's growing
Specialty Products business unit, serving the military and defense,
off-highway, bus and coach, as well as fire and emergency markets, with
industry leading, advanced drivetrain technology. Kete will drive
ArvinMeritor's ambitious grow... |
| | | 02/10/09 | ArvinMeritor Elects Barbara Novak Executive Officer| TROY, Mich., Feb. 10 /PRNewswire-FirstCall/ -- ArvinMeritor Inc. (NYSE:
ARM) today announced that the Board of Directors elected Barbara Novak, vice
president and secretary, an executive officer of the company, effective Jan.
30, 2009.
"Barbara has been an asset to the company since joining us in 2007," said
Vernon Baker, II, senior vice president and general counsel for ArvinMeritor.
"She brings a great degree of knowledge and insight in general corporate and
securities matters, ... |
| | | 02/10/09 | Breakthrough in Brake Technology: ArvinMeritor Remanufactured Brake Shoes With PlatinumShield(TM) Coating Offers Industry-Best Protection Against Corrosion and Rust-jacking| Resists micro-abrasion which can lead to accelerated corrosion and
rust-jacking
Three-year, 300,000 mile warranty against rust-jacking
ORLANDO, Fla., Feb. 10 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
today introduced remanufactured brake shoes with PlatinumShield(TM) coating,
which provides superior protection against corrosion and rust-jacking.
Remanufactured Meritor shoes with PlatinumShield coating provide a three-year,
300,000 mile warranty against ru... |
| | | 02/09/09 | ArvinMeritor To Present at Barclays Capital Industrial Select Conference| TROY, Mich. Feb. 9 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM), today announced that Mary Lehmann, senior vice president, Strategic
Initiatives, and Treasurer, will participate in the Barclays Capital
Industrial Select Conference on Wednesday, Feb. 11, at The Ritz-Carlton in
Miami Beach, Florida.
A live Web cast of the company's presentation will be available beginning
at 11:30 a.m. (ET) on Feb. 11, on the company's Web site at
www.arvinmeritor.com. An audio replay wi... |
| | | 02/04/09 | ArvinMeritor Reports First-Quarter Fiscal Year 2009 Results| TROY, Mich., Feb. 4 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today reported financial results for its first fiscal quarter ended
Dec. 28, 2008.
First-Quarter Highlights
-- Sales from continuing operations of $1.4 billion, down $293 million, or
18 percent, from the same period last year (down 11 percent on a constant
currency basis).
-- On a GAAP basis, net loss from continuing operations was $991 million
or $13.71 per diluted share, compared to a net loss ... |
| | | 02/03/09 | ArvinMeritor Marks 100-Year Heritage of Forward Thinking| TROY, Mich., Feb. 3 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced its centennial heritage anniversary at the company's
annual shareowner meeting which took place at its headquarters in Troy, Mich.
on Jan. 30, 2009.
The company will commemorate this historic milestone throughout 2009 at
events and product exhibitions which will be marked with the launch of several
"next generation" products from axles to brakes to hybrid drivetrain
applications that offer... |
| | | 02/03/09 | ArvinMeritor Delivers Hybrid Diesel-Electric Class 8 Truck to Key Partner| - Designed to meet current Class 8 linehaul requirements for payload
capacity, performance, and durability
- Dual mode hybrid drivetrain allows extended operation in battery-only
zero-emission mode, eliminates idling
- Propelled by an electric motor under 48 mph, transitioning to diesel
power at highway speeds
TROY, Mich., Feb. 3 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM)
announced today that the company presented Wal-Mart Stores, Inc., Bentonville,
Ark., with a pro... |
| | | 01/20/09 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 First-Quarter Earnings| TROY, Mich., Jan. 20 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) will host a conference call and Web cast to present the company's fiscal
year 2009 first-quarter financial results on Wednesday, Feb. 4, 2009, at 9
a.m. (ET).
To participate, call (617) 213-4864, ten minutes prior to the start of the
call. Please reference pass code 71784700 when dialing in. Investors can also
listen to the conference call in real time - or for seven days by recording -
by visiting www.a... |
| | | 01/13/09 | ArvinMeritor to Present at Auto Analysts of New York Conference| TROY, Mich., Jan. 13 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced that members of its executive management team will
participate in the annual Auto Analysts of New York Conference on Wednesday,
Jan. 14 at the MGM Grand in Detroit, Mich.
A live web cast of the company's presentation will begin at 2:15 p.m. ET
on Jan. 14. Both the web cast and a downloadable version of the presentation
will be available on the company's Web site at www.arvinmeritor.com. Th... |
| | | 01/08/09 | ArvinMeritor Provides Business Update| Update on Status of Sale of Light Vehicle Systems Business
Announces Reorganization of Light Vehicle Systems Business
Provides Update on 2009 Fiscal Year Financial Reporting
TROY, Mich., Jan. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today provided an update on the previously announced process to sell its
Light Vehicle Systems (LVS) business, the reorganization of LVS, and its 2009
financial reporting.
"We are firmly committed to our lo... |
| | | 12/09/08 | ArvinMeritor Provides Earnings Expectations for First Quarter; Withdraws Full- Year Guidance for Fiscal Year 2009| TROY, Mich., Dec. 9 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today issued guidance for the first quarter of fiscal year 2009,
and withdrew previously released earnings expectations issued on Nov. 18, 2008
for the full year ending Sept. 27, 2009. The company is withdrawing full-year
guidance due to continuing distress in the global markets and the uncertainty
associated with projecting production volumes in the second half of the fiscal
year.
For the first quarter o... |
| | | 12/08/08 | ArvinMeritor to Host Analyst Day in New York on December 9| Accessible By Web Cast and Conference Call
TROY, Mich., Dec. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) will host a conference call and web cast of its Analyst Day on Tuesday,
Dec. 9, 2008, from 8:30 to 11:30 a.m. (ET) at The Waldorf=Astoria in New York
City. Several members of ArvinMeritor's executive team will present to
investors and analysts including:
Chip McClure, chairman, CEO and president
Jay Craig, senior vice president and chief... |
| | | 11/18/08 | ArvinMeritor Reports Fiscal Year 2008 and Fourth-Quarter Results| TROY, Mich., Nov. 18 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today reported financial results for its full fiscal year and fourth
quarter ended Sept. 28, 2008.
Fiscal Year 2008 Highlights
Sales from continuing operations for fiscal year 2008 were $7.2
billion, up 11 percent compared to fiscal year 2007, due to strength in Europe
and South America. This increase was four percent at constant exchange rates.
On a GAAP basis, net loss was $101 million, or a loss of... |
| | | 11/07/08 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Nov. 7 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held on Nov. 7, 2008, at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, with a record
date of Nov. 24, 2008 and a payment date of Dec. 8, 2008.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules and components t... |
| | | 10/31/08 | ArvinMeritor Announces Actions in Response to Global Market Conditions|
Announces $125 million cost reduction initiatives.
Provides update on previously announced spin-off of light vehicle
systems business.
Renews key factoring and securitization commitments.
Recognizes non-cash income tax charge.
TROY, Mich., Oct. 31 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it is responding aggressively to the current
weakness in global business conditions by executing comprehensive
restr... |
| | | 10/31/08 | Update to ArvinMeritor Press Release| TROY, Mich., Oct. 31 /PRNewswire-FirstCall/ -- The following additional
information was provided in Section 2.05 of ArvinMeritor's 8K filed today with
a press release announcing significant restructuring and other actions in
response to global market conditions:
"ArvinMeritor expects to incur approximately $35 million of cash
expenditures in connection with these actions for severance."
SOURCE ArvinMeritor, Inc.
CONTACT: Media Inquiries: Lin Cummins, +1-248-435-7112,
... |
| | | 10/22/08 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss Fourth-Quarter and Full-Year Earnings for Fiscal Year 2008| TROY, Mich., Oct. 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a conference call and Web cast to discuss the company's
fourth-quarter and full-year results for fiscal year 2008 on Tuesday, Nov. 18,
2008, at 9 a.m. (ET).
To participate, call (888) 680-0890 ten minutes prior to the start of the
call. Please reference participant Passcode 68102365 when dialing in.
Investors can also listen to the conference call in real time -- or the
recorded version for se... |
| | | 10/17/08 | ArvinMeritor and ZF Win Court Decision on Transmission Patent Infringement Suit| TROY, Mich., Oct. 17 /PRNewswire/ -- ArvinMeritor, Inc (NYSE: ARM) ZF
Friedrichshafen AG, and ZF Meritor, LLC announced today that they have won the
patent infringement suit brought by Eaton Corp. on the ZF FreedomLine
transmission. The suit was heard before a jury in the U.S. District Court for
the Eastern District of Michigan and was initially filed on December 1, 2003.
The jury found that both technology patents at issue in the trial were
invalid and therefore not enforceable a... |
| | | 09/23/08 | ArvinMeritor Raises Guidance for Fiscal Year 2008| TROY, Mich., Sept. 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it is raising its forecast for diluted
earnings per share from continuing operations, before special items, to be in
the range of $1.55 to $1.65, up from the top end of the previous range of
$1.40 to $1.60, forecasted in the company's third-quarter earnings report.
Chip McClure, chairman, CEO and president, said, "Although we continue to
operate in an uncertain economic environment, ... |
| | | 09/19/08 | ArvinMeritor to Present at Deutsche Bank Leveraged Finance Conference| TROY, Mich., Sept. 19 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM), a tier one supplier to the global motor vehicle industry, today
announced that Jay Craig, senior vice president and chief financial officer,
will present at the Deutsche Bank Leveraged Finance Conference on Thursday,
Sept. 25, at The Phoenician in Scottsdale, Ariz.
A live Web cast of the company's presentation will be available beginning
at 4:30 p.m. (ET) on Sept. 25, on the company's Web site at
www.a... |
| | | 09/03/08 | ArvinMeritor Appoints Bill Fisher Vice President of Human Resources for Light Vehicle Systems| Appointment Positions Business Unit for Organizational Success as ARVIN
Innovation
TROY, Mich., Sept. 3 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that Bill Fisher is appointed vice president of Human
Resources (HR) for the company's Light Vehicle Systems (LVS) business unit. He
will be responsible for leading the business unit's HR strategy, including the
overall organizational transition and cultural development as LVS continue... |
| | | 08/26/08 | ArvinMeritor Dedicates Cutting-Edge Manufacturing Facility Near Monterrey, Mexico| CIENEGA DE FLORES, Nuevo Leon, Mexico, Aug. 26 /PRNewswire/ --
ArvinMeritor, Inc. (NYSE: ARM) dedicated a new $30-million manufacturing
facility in this industrial city in northern Mexico, in a formal ceremony
today. Equipped with the latest manufacturing technology, the plant is a
state-of-the-art component production operation offering greater efficiencies
and the highest quality components.
The 400,000-square-foot facility, which was completed in just nine months,
will eventua... |
| | | 08/19/08 | ArvinMeritor Recognized for Its Supplier Diversity Program With the 2008 'Corporate ONE' Award| TROY, Mich., Aug. 19 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today it received the 2008 'Corporate ONE' Award from
the Michigan Minority Business Development Council (MMBDC) for its supplier
diversity program which drives procurement opportunities with minority
business owners. This is the second consecutive year ArvinMeritor has received
this award.
"When it comes to supplier diversity, ArvinMeritor has set aggressive
targets for on-going investments with minorit... |
| | | 07/29/08 | ArvinMeritor Reports Third-Quarter Fiscal Year 2008 Results| Earnings Up $114 Million Year-Over-Year on Diverse Product, Customer and
Geographic Mix
TROY, Mich., July 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today reported financial results for its third quarter ended June 30,
2008.
Financial Highlights for Third-Quarter Fiscal Year 2008
Sales of $2.0 billion - approximately $340 million higher than the same
period last year.
Net income was $44 million, or $0.60... |
| | | 07/25/08 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., July 25 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held on July 25, 2008, at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, with a record
date of Aug. 18, 2008 and a payment date of Sept. 8, 2008.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules and component... |
| | | 07/23/08 | ArvinMeritor Announces Time Change for Third-Quarter Earnings Conference Call and Web Cast| TROY, Mich., July 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE:
ARM) will host a conference call and Web cast to discuss the company's third-
quarter fiscal year 2008 financial results on Tuesday, July 29, 2008, at 8
a.m. (ET). The call was previously scheduled for 9 a.m. ET.
To participate, call (888) 686-9704 ten minutes prior to the start of the
call. Please reference participant Conference ID 8087740 when dialing in.
Investors can also listen to ... |
| | | 07/08/08 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss Third-Quarter Earnings for Fiscal Year 2008| TROY, Mich., July 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a conference call and web cast to discuss the company's
third-quarter fiscal year 2008 financial results on Tuesday, July 29, 2008, at
9 a.m. (ET).
To participate, call (888) 686-9704 ten minutes prior to the start of the
call. Please reference participant conference ID 8087740 when dialing in.
Investors can also listen to the conference call in real time - or for seven
days by recording - by vi... |
| | | 07/03/08 | Acquisition Expands ArvinMeritor's Global Remanufacturing Operations| TROY, Mich., July 3 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it has entered into an agreement to acquire
Trucktechnic, a major remanufacturer and distributor of commercial vehicle
disc and foundation brakes and components, based in Liege, Belgium. Terms of
the acquisition were not disclosed.
Trucktechnic has an established reputation for quality, reliability, and
outstanding service among its customer base in Western and Eastern Europe, as
well... |
| | | 07/02/08 | ArvinMeritor Updates Third Quarter and Full Year Financial Outlook| TROY, Mich., July 2 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) today provided additional details about its expectations for stronger
financial results in the third fiscal quarter and full fiscal year.
Third Fiscal Quarter
Despite weaker than anticipated industry conditions in North America, the
company expects sales for the third quarter of approximately $2 billion, up 20
percent from the third quarter of 2007. This growth in sales is due primarily
to stronger in... |
| | | 06/18/08 | ArvinMeritor Honored with New Detroit's 'Closing the Gap' Award| TROY, Mich., June 18 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it received the 2008 Corporate 'Closing the Gap' Award
from New Detroit, a coalition of local community, business and labor leaders.
ArvinMeritor was honored for its economic and philanthropic support of the
Southwestern/Fort Street community; specifically, Detroit's Southwestern High
School. The company has contributed to the construction of new facilities at
the high school such as a new foot... |
| | | 05/27/08 | ArvinMeritor Hosts Conference Call and Web Cast to Update Financial Community on Spinoff of Light Vehicle Systems Business| TROY, Mich., May 27 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a conference call and web cast on Wednesday, May 28,
2008, at 8 a.m. (ET), to update the financial community on its recently
announced plan to spin off the light vehicle systems business group. The call
will be hosted by Jim Donlon, executive vice president and designated chief
financial officer for the future Arvin Innovation; Jay Craig, senior vice
president and chief financial officer, ArvinMerito... |
| | | 05/21/08 | ArvinMeritor Opens South American Center of Excellence to Support Growing Light Vehicle Business| LIMEIRA, Sao Paulo, Brazil, May 21 /PRNewswire-FirstCall/ --
ArvinMeritor's (NYSE: ARM) Light Vehicle Systems (LVS) business group
announces the opening of a new Global Center of Excellence located in Limeira,
Sao Paulo, Brazil. The state-of-the-art 37,000 square foot facility houses
research and development for Fumagalli(TM) brand steel wheels, with expanded
engineering and program management capabilities to support the LVS growth
strategy for body and chassis systems in South America... |
| | | 05/13/08 | ArvinMeritor Announces New Monthly Commodity Surcharge| Company Taking Necessary Actions to Offset Surging Steel and Energy Prices
TROY, Mich., May 13 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported that it plans to initiate a new commodity surcharge
starting June 1, 2008.
"As a result of the sudden and extraordinary surges in the price of steel,
energy and other commodities, we are implementing a monthly review and
adjustment process on all products," said Chip McClure, chairman, CEO and
president of ArvinMer... |
| | | 05/06/08 | ArvinMeritor Names Jeffrey 'Jay' Craig Chief Financial Officer| TROY, Mich., May 6 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Jeffrey "Jay" Craig, currently senior vice
president and controller, has been named senior vice president and CFO of the
company, effective immediately.
Craig replaces James Donlon, executive vice president and CFO at
ArvinMeritor since March 2005. Donlon will immediately begin supporting
ArvinMeritor's Light Vehicle Systems (LVS) business group in the capacity of
chief financial offic... |
| | | 05/06/08 | ArvinMeritor Announces Plan to Spin Off Light Vehicle Systems Business to Shareholders| TROY, Mich., May 6 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that its board of directors has approved a plan to
spin off its Light Vehicle Systems (LVS) business to ArvinMeritor
shareholders, with the Commercial Vehicle Systems (CVS) business remaining
with ArvinMeritor.
"The plan to separate our two businesses is the result of a comprehensive
strategic review to enhance the company's long-term value for our
shareholders," said Chip McClure, chairman... |
| | | 05/05/08 | Chip McClure, Chairman, CEO and President, Hosts Conference Call and Web Cast|
Troy, Mich., May 5 /PRNewswire-FirstCall/ --
WHO: Chip McClure, chairman, CEO and president
WHAT: Conference call and web cast with investors, analysts and media;
call-in details below
WHEN: Tuesday, May 6, 2008, 8:00 a.m. ET
Call-In Detail
ArvinMeritor will host a conference call and Web cast on Tuesday, May 6,
2008, at 8 a.m. (ET).
To participate, call (617) 213-4847, ten minutes prior to the start of the
call. Please r... |
| | | 04/30/08 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., April 30, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on April 25, 2008, at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, payable June 9,
2008, to holders of record at the close of business on May 19, 2008.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integr... |
| | | 04/29/08 | ArvinMeritor Reports Higher Profits for Second-Quarter Fiscal Year 2008| Company Announces Strong Quarter Despite Industry Headwinds in North America
TROY, Mich., April 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its second quarter ended
March 31, 2008.
Highlights for Second-Quarter Fiscal Year 2008
Sales of $1.8 billion - approximately $150 million higher than the same
period last year primarily due to the effects of changes in foreign
currency.
Net income was $20 million... |
| | | 04/24/08 | ArvinMeritor's General Counsel Receives Recognition for Professional Accomplishments| TROY, Mich., April 24 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that Vernon Baker, senior vice president and
general counsel, has been named a 2008 "Leader in the Law" by Michigan Lawyers
Weekly and Midwest In-House for his outstanding professional accomplishments
within the company as well as the broader legal community.
Baker was nominated for his expertise in managing all legal aspects of
mergers, divestitures, and joint ventures -- including his recent mana... |
| | | 04/22/08 | At ArvinMeritor There's More Than One Way to Go Green| Programs Focus on Waste Management and Product Design to Improve the
Environment
TROY, Mich., Apr. 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) is reducing the generation of pollutants worldwide, designing
products that weigh less and provide greater fuel economy, and partnering to
develop hybrid and electric vehicles -- all focused on improving the
environment.
In an effort to minimize adverse environmental impacts from ArvinMe... |
| | | 04/02/08 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2008 Second-Quarter Earnings| TROY, Mich., April 2, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a conference call and Web cast to present the company's
fiscal year 2008 second-quarter financial results on Tuesday, April 29, 2008,
at 8 a.m. (ET).
To participate, call (617) 213-4859, ten minutes prior to the start of the
call. Please reference Passcode 50118706 when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by reco... |
| | | 03/27/08 | ArvinMeritor Recognized as Penske's Most Improved Supplier for 2007| TROY, Mich., March 27, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) was awarded the prestigious recognition of "Most Improved
Supplier" from Penske Truck Leasing, one of the largest lease operators of
Class 8 and Class 5-7 vehicles in the United States and Canada.
During a recent award ceremony, Penske representatives recognized
ArvinMeritor's achievement in having the largest year-over-year rating
improvement among all of Penske's suppliers in four... |
| | | 03/27/08 | ArvinMeritor Targets Significant Growth in Off-Highway Markets| Global engineering, testing and manufacturing capabilities offer advantages to global OE and aftermarket customers worldwide
TROY, Mich., March 27 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.,
(NYSE: ARM) announced a re-establishment of its off-highway original equipment
and aftermarket components business in North America, South America, Europe
and Africa, to address OEM customers in four continents.
Through its long-term joint venture with Xuzhou Construction Machinery
... |
| | | 03/27/08 | ArvinMeritor's Mascot Remanufacturing Gains Major Customer Contract| TROY, Mich., March 27, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) has received a new, long-term, multi-million-dollar, supply
agreement to provide remanufactured transmissions and axle carriers to
Navistar Parts under the ReNEWed(R) brand. Mascot has produced remanufactured
components since 2000 for the ReNEWed program as the exclusive supplier.
Navistar Parts is a brand of Navistar Inc., which also produces
International Trucks.
"We're deligh... |
| | | 03/18/08 | ArvinMeritor Expects Strong Financial Performance in the Second Quarter of Fiscal Year 2008| Also Reaffirms Full-Year Guidance of $1.40-$1.60 Per Diluted Share
TROY, Mich., March 18 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that operational improvements and Performance Plus
savings in the second quarter of fiscal year 2008 are overwhelming adverse
market conditions in North America.
As a result, the company expects to report quarterly results that are
significantly better than the first quarter of fiscal year 2008 and the same
period a... |
| | | 03/12/08 | ArvinMeritor to Present at Morgan Stanley Global Automotive Conference in New York| TROY, Mich., March 12, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Phil Martens, president of the company's
Light Vehicle Systems business group and Mary Lehmann, senior vice president,
Strategic Initiatives, and Treasurer will participate in the Morgan Stanley
Global Automotive Conference on Tuesday, March 18, at the Crowne Plaza Times
Square in New York, N.Y.
A live web cast of the company's presentation will be available beg... |
| | | 01/31/08 | ArvinMeritor Announces Start of Production at New Facility in Salonta, Romania| SALONTA, Romania, Jan. 31 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today the start of production at a new Light Vehicle
Systems (LVS) facility in Salonta, Romania.
This new plant, which occupies approximately 5,400 square meters of
manufacturing space, will supply window regulators, cables, latches and
actuators directly to Dacia, the largest vehicle manufacturer in Romania and
part of the Renault Nissan group.
"This new facility in Salonta represents... |
| | | 01/29/08 | ArvinMeritor Reports First-Quarter Fiscal Year 2008 Results| TROY, Mich., Jan. 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its first fiscal quarter
ended Dec. 30, 2007.
First-Quarter Highlights
Sales from continuing operations of $1.7 billion, up $95 million from
the same period last year.
On a GAAP basis, net loss from continuing operations of $1 million or
$0.01 per diluted share, compared to net income from continuing
operations of $10 million or $0... |
| | | 01/25/08 | ArvinMeritor Appoints Barbara Novak Vice President and Corporate Secretary| TROY, Mich., Jan. 25 /PRNewswire-FirstCall/ -- ArvinMeritor
(NYSE: ARM) announced today, following the company's Board of Directors
meeting, the appointment of Barbara Novak as vice president and corporate
secretary, effective immediately.
Novak is responsible for the company's listing requirements associated
with the SEC and the New York Stock Exchange, and will play a key role in
financing transactions, shareholder meetings, investor communications and
executive compensation. Sh... |
| | | 01/25/08 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Jan. 25 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on Jan. 25, 2008, at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, payable March 10,
2008, to holders of record at the close of business on Feb. 19, 2008.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modul... |
| | | 01/24/08 | ArvinMeritor gets HIP to smart systems(TM) -- Announces Contract with Hyundai North America for Plastic Door Modules| TROY, Mich., Jan. 24 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Systems (LVS) business
group has been awarded a multi-year contract to supply Hyundai North America
with an innovative plastic door module and accompanying corporate latch
product for the new Hyundai Sonata. Production is scheduled to begin in March
2010.
The highly integrated plastic (HIP) door module will replace the current
steel version, and is part of ArvinMeri... |
| | | 01/23/08 | ArvinMeritor Appoints Sherry Welsh Vice President, Sales and Marketing, Light Vehicle Systems| TROY, Mich., Jan. 23 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that Sherry Welsh is appointed vice president of Sales and
Marketing for the company's Light Vehicle Systems (LVS) business group. She
will be responsible for leading LVS' global sales and marketing strategy.
"Sherry's prior successes leading global sales and marketing initiatives
within the automotive industry will make her a valuable addition to the LVS
team," said Phil Martens, president of LVS. ... |
| | | 01/14/08 | ArvinMeritor to Present at Auto Analysts of New York Conference| TROY, Mich., Jan. 14 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that members of its executive management team will
participate in the annual Auto Analysts of New York Conference on Thursday,
January 17 at the Ritz-Carlton Hotel in Dearborn, MI.
A live web cast of the company's presentation will begin at 8:15 a.m. ET
on January 17. A downloadable version of the presentation will be available
on the company's Web site at http://www.arvinmeritor.com. Th... |
| | | 01/08/08 | ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2008 First-Quarter Earnings| TROY, Mich., Jan. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a conference call and Web cast to present the company's
fiscal year 2008 first-quarter financial results on Tuesday, Jan. 29, 2008, at
9 a.m. (ET).
To participate, call (617) 213-4867, ten minutes prior to the start of the
call. Please reference Passcode 66407814 when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting www.arvin... |
| | | 12/11/07 | ArvinMeritor Expands its Remanufacturing Operations Through Acquisition of Canadian-Based Mascot Truck Parts Ltd.| TROY, Mich., Dec. 11 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) has entered into an agreement to acquire Mascot Truck Parts Ltd.,
a major remanufacturer of transmissions, drive axle carriers, steering gears
and drivelines, based in Mississauga, Ontario, Canada. Terms of the
acquisition were not disclosed.
Mascot's 170 full-time employees, six remanufacturing locations, and
current customer base will become part of the ArvinMeritor team. Mascot enjoys
a strong custom... |
| | | 12/04/07 | ArvinMeritor to Host Analyst Day in New York| Accessible By Web Cast and Conference Call
TROY, Mich., Dec. 4 /PRNewswire-FirstCall/ -- ArvinMeritor Inc.
(NYSE: ARM) will host an audio conference call and web cast of its Analyst Day
on Tuesday, Dec. 11, 2007, from 8:30 to 11:30 a.m. (ET). The presentation
will include company and business group highlights including a segment on the
company's operations in Asia Pacific; an update on the Performance Plus profit
improvement program; and a detailed financial review.
... |
| | | 11/14/07 | ArvinMeritor Reports Fiscal Year 2007 and Fourth-Quarter Results| TROY, Mich., Nov. 14 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its full fiscal year and
fourth quarter ended Sept. 30, 2007.
Fiscal Year 2007 Highlights
Sales from continuing operations for fiscal year 2007 were $6.4
billion, up $34 million, compared to fiscal year 2006.
On a GAAP basis, net loss from continuing operations was $30 million,
or $0.43 per diluted share.
Earnings per share from continu... |
| | | 11/13/07 | ArvinMeritor Declares Quarterly Dividend on Common Stock and Announces Its Annual Shareowners Meeting| TROY, Mich., Nov. 13 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on Nov. 13, 2007, at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, payable Dec. 10,
2007, to holders of record at the close of business on Nov. 26, 2007.
The company also announced today that its annual shareowners' meeting will
be held on Jan. 25, 2008, at 9 a.m. EST, at... |
| | | 11/07/07 | ArvinMeritor Announces Construction of New Commercial Vehicle Systems Plant in Mexico| TROY, Mich., Nov. 7 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced it will open a new Commercial Vehicle Systems
(CVS) facility in Monterrey, Mexico. This new facility - which will include
approximately 400,000 square feet of manufacturing and office space - will
provide additional capacity for the company's axle and brake assembly
operations and component manufacturing.
"We are looking forward to beginning construction of this new facility,"
said Carsten... |
| | | 11/07/07 | ArvinMeritor to Close Axle Operation in Arden, North Carolina| Closure is Part of Previously Announced Restructuring Initiative
TROY, Mich., Nov. 7 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced it would close its Commercial Vehicle Systems
(CVS) axle operation in Arden, N.C. by September 2008.
The closure is part of previously announced restructuring actions in North
America and Europe which the company expects to affect 13 plants and 2,800
employees, resulting in an estimated annual run rate savings of $130-$... |
| | | 11/06/07 | ArvinMeritor Awarded Hyundai Body Systems Business| TROY, Mich., Nov. 6 /PRNewswire-FirstCall/ -- ArvinMeritor (NYSE: ARM)
announced today that its Body Systems business unit within the Light Vehicle
Systems (LVS) business group has been awarded new business to supply over four
million window regulator motors annually to Hyundai Motor Company worldwide.
The agreement will supply Hyundai's future models with ArvinMeritor's New
Generation Motor II from January 2010 through January 2017.
"This new business award is indicative of Hyunda... |
| | | 11/01/07 | ArvinMeritor Appoints Art Waldowski Vice President of Purchasing for Commercial Vehicle Systems| TROY, Mich., Nov. 1 /PRNewswire-FirstCall/ -- ArvinMeritor's (NYSE: ARM)
Commercial Vehicle Systems (CVS) business has announced the appointment of Art
Waldowski as vice president of Purchasing, effective Nov. 1, 2007
Art will be responsible for leading the global purchasing team and
implementing the worldwide procurement strategy for CVS. He will also focus on
driving the Direct Material Optimization (DMO) program and strengthening and
diversifying the supply base.
Art spent ... |
| | | 10/30/07 | ArvinMeritor Supplies Dynamic Height Control System for the C6RS Chevrolet Corvette Concept Car at the SEMA Show| TROY, Mich., Oct. 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it is the supplier of the Dynamic Height
Control (DHC) suspension system used on the Pratt & Miller C6RS Chevrolet
Corvette concept car on display at the SEMA (Specialty Equipment Market
Association) Show in Las Vegas.
"Ride and handling are key elements of a successful vehicle design," said
Ed Frutig, vice president and general manager of Light Vehicle System (LVS)
Chassis Systems f... |
| | | 10/16/07 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2007 Fourth- Quarter Earnings| TROY, Mich., Oct. 16 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2007 fourth-quarter financial results on Wednesday, Nov.
14, 2007, at 9:00 a.m. (ET).
To participate, call (866) 223-0615 ten minutes prior to the start of the
call. Please reference participant conference ID 20982262 when dialing in.
Investors can also listen to the conference call in real time -- or the
recorded ve... |
| | | 10/10/07 | ArvinMeritor Chairman, CEO and President, Chip McClure To Speak at Argyle Executive Forum 2007 CEO Leadership Forum on Oct. 11, 2007 at 9:30 A.M. ET| TROY, Mich., Oct. 10 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM), one
of the largest and most globally diverse automotive suppliers, announced today
that Chip McClure, chairman, CEO and president, will speak at the Argyle
Executive Forum 2007 CEO Leadership Forum on Oct. 11 at 9:30 a.m. ET in New
York.
"Steering through Discontinuous Change" is the theme of McClure's speech,
which will focus on the company's total transformation to strengthen its
balance sheet, grow globally, c... |
| | | 10/10/07 | ArvinMeritor Achieves Industry First For Women's Leadership Makes 2007 MVP List| TROY, Mich., Oct 10, 2007 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE: ARM) has
become the first company from the automotive manufacturing industry sector to
be classified as a "Most Valuable Player" (MVP), according to the 2007 Women's
Leadership Index (WLI) released Monday.
To achieve elite MVP status, ArvinMeritor was recognized in the following
categories for Fortune 500 companies:
Women Directors: ArvinMeritor has two women on the board of directors
... |
| | | 10/03/07 | ArvinMeritor Provides Updated Financial Outlook| TROY, Mich., Oct. 3 /PRNewswire-FirstCall/ -- Today at the Deutsche Bank
Leveraged Finance Conference in Scottsdale, Ariz., ArvinMeritor's (NYSE: ARM)
Senior Vice President, Strategic Initiatives, and Treasurer, Mary Lehmann,
told investors that ArvinMeritor is revising its forecast for diluted earnings
per share from continuing operations.
Jim Donlon, executive vice president and chief financial officer, who also
attended the conference, said, "In North America, we are encounterin... |
| | | 09/28/07 | ArvinMeritor to Present at Deutsche Bank Leveraged Finance Conference| TROY, Mich., Sept. 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM), a tier-one supplier to the global motor vehicle industry, today
announced that Mary Lehmann, senior vice president, Strategic Initiatives, and
Treasurer, will participate in the Deutsche Bank Leveraged Finance Conference
on Wednesday, October 3, at The Phoenician in Scottsdale, Ariz.
A live Web cast of the company's presentation will be available beginning
at 7:10 p.m. (ET) on October 3, on the company'... |
| | | 09/15/07 | ArvinMeritor's Chip McClure Named Automation Alley's 2007 | TROY, Mich., Sept. 15 /PRNewswire-FirstCall/ -- ArvinMeritor (NYSE: ARM)
today announced that Charles G. "Chip" McClure, chairman, CEO and president,
has been named 2007 "Legend CEO" by Automation Alley - a business technology
consortium of more than 850 businesses, educational institutions and
government entities covering an eight-county area and the city of Detroit.
Automation Alley's Legend CEO Award recognizes an individual who has made
life-long, pivotal contributions that hav... |
| | | 09/12/07 | ArvinMeritor Appoints Joe Plomin Vice President of the Truck Unit for the Commercial Vehicle Systems Business Group| TROY, Mich., Sept. 12 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM) announced today that Joe Plomin has been named vice president of the
Truck business unit within Commercial Vehicle Systems (CVS), effective
immediately. The newly formed truck unit is now one of four CVS business units
-- the others are Aftermarket, Specialty, and Trailers.
In his new role, Plomin will be responsible for the overall development of
product marketing and strategic planning, program managem... |
| | | 09/11/07 | ArvinMeritor Unveils Latest in Door Latch Technology| New Latch Design Reduces Number of Parts By Up To 50 Percent
FRANKFURT, Germany, Sept. 11 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) today unveiled its patented Low Energy Release (LER) door latch as
a solution for tomorrow's vehicle safety and door closure requirements.
The LER uses proprietary electronics and software controls coupled with an
innovative mechanical solution to greatly reduce release efforts without
compromising strength or safety. The LER improves pa... |
| | | 09/11/07 | ArvinMeritor Showcases New Large-Opening Multi-Panel Roof System at IAA Frankfurt Motor Show| FRANKFURT, Germany, Sept. 11 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) is showcasing its new convertible-like, large-opening multi-panel
roof system installed in the highly popular Porsche Cayenne and Audi Q7 in the
company's IAA Frankfurt Motor Show stand found in Hall 8, Booth A14.
The adaptable modular roof system allows OEMs more styling options from
the same basic body-in-white. The system can accommodate a choice of glass
panel configurations from a simple, one-panel la... |
| | | 09/11/07 | ArvinMeritor Announces smart systems(TM) Product Strategy to Extend Current Competencies into New Product Categories| FRANKFURT, Germany, Sept. 11 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced its commitment to enhance vehicle system
performance through the use of electronics and control technologies, or "smart
systems(TM)" within the company's Light Vehicle Systems (LVS) business group.
This product strategy will ensure ArvinMeritor's current product portfolio is
ready and fully optimized for the dramatic product evolution that will
continue as functional needs and benefits increase.... |
| | | 09/11/07 | ArvinMeritor's Latest Sunroof Reduces Weight and Cost| Innovative Guide System Cuts Parts by 50 Percent
FRANKFURT, Germany, Sept. 11 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) shared its latest sunroof innovation, the Next Generation Sunroof
(NGS), with OEM customers and media during the first day of the 2007 IAA
Frankfurt Motor Show. The NGS features an innovative guide system that reduces
the number of sub-components by as much as 50 percent when compared to
conventional products. This reduction in parts also provides ... |
| | | 09/07/07 | ArvinMeritor to Consolidate North American Shock Absorber Operations| Closures are Included in 13-Plant Restructuring Plan
TROY, Mich., Sept. 7 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced it's consolidating its three North American ride
control facilities into one, including the closure of its Toronto, Ontario
original equipment shock absorber operation, and its Chickasha, Oklahoma
packaging and distribution center. The 700-person closure is part of a
previously announced restructuring plan affecting 2,800 employees from 1... |
| | | 08/07/07 | ArvinMeritor Announces Sale of Light Vehicle Aftermarket European Exhaust Operations| Completes the Company's Divestiture of the Light Vehicle Aftermarket Business
TROY, Mich., Aug. 7 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has sold its Light Vehicle Aftermarket
(LVA) European exhaust operations to Klarius Group Limited, located in the
United Kingdom. Terms of the sale were not disclosed.
"This transaction completes the divestiture of the LVA business," said
Chip McClure, ArvinMeritor chairman, CEO and president. "Our strat... |
| | | 08/02/07 | ArvinMeritor to Present at 10th Annual JPMorgan Harbour Auto Conference in Dearborn, Mich.| TROY, Mich., Aug. 2 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.,
(NYSE: ARM) today announced that Jay Craig, senior vice president and
controller; and Chris Snodgrass, recently appointed vice president of
manufacturing and supply chain management for the company's Commercial Vehicle
Systems (CVS) business group, will present at the 10th Annual JPMorgan Harbour
Auto Conference.
Craig will provide an update of the company's financial performance;
Snodgrass will present a detailed l... |
| | | 08/01/07 | ArvinMeritor Appoints Amelia Quelas Vice President and General Manager of the Commercial Vehicle Systems Trailers Group| TROY, Mich., Aug. 1 /PRNewswire-FirstCall/ -- ArvinMeritor's (NYSE: ARM)
Commercial Vehicle Systems (CVS) business has announced the appointment of
Amelia Quelas as vice president and general manager of the Trailers Group,
effective August 1.
Quelas is responsible for the leadership and growth of the worldwide
commercial trailer business. She will lead business process improvement
initiatives designed to strengthen the performance of the trailer business,
develop strategic plans, ... |
| | | 07/30/07 | ArvinMeritor Reports Third-Quarter 2007 Results| TROY, Mich., July 30, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its third quarter ended June 30,
2007.
Third-Quarter Fiscal Year 2007 Highlights
- Sales from continuing operations of $1.7 billion - 4 percent lower than
the same period last year.
- Net loss from continuing operations on a GAAP basis was $4 million, or
$0.06 per diluted share, reflecting the impact of ongoing ... |
| | | 07/27/07 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., July 27 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on July 27, 2007 at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, payable Sept. 10,
2007, to holders of record at the close of business on Aug. 20, 2007.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, module... |
| | | 07/25/07 | ArvinMeritor to Close Assembly Operation in St. Thomas, Ontario, Canada| Closure is Part of Restructuring Initiative Announced in Company's Second
Fiscal Quarter
TROY, Mich., July 25 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced it would close its Commercial Vehicle Systems
(CVS) assembly operation in St. Thomas, Ontario, Canada by Nov. 23, 2007.
The closure is part of previously announced restructuring actions in North
America and Europe which the company expects to affect 13 plants and 2,800... |
| | | 07/24/07 | ArvinMeritor and Chery Form Chassis Systems Joint Venture| ArvinMeritor Partners with China's Fastest Growing OEM
SHANGHAI, China, July 24 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) and Chery announced today that the parties have entered into a
joint venture partnership to design and manufacture chassis systems and
components. The new joint venture, ArvinMeritor Chassis Systems Wuhu Co., will
evolve to a $150-million full-systems chassis supplier by 2010. Production of
shocks and struts will begin as early as 2008.
... |
| | | 07/18/07 | ArvinMeritor Wins New Supply Contract with Armor Holdings for Drivetrain and All Wheel Drive System for the Mine Resistant Ambush Protected Vehicles (MRAP)| TROY, Mich., July 18 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) has been selected by Armor Holdings, Sealy, Texas, to supply 1,170
vehicle sets of front and rear drive axles with brakes, drivelines, antilock
braking systems and transfer cases, for the new generation of armored
personnel carriers for the U.S. military -- the Mine Resistant Ambush
Protected (MRAP) vehicle (Category II).
ArvinMeritor will provide its new front drive steer axle, the RF 19-611
with hydrau... |
| | | 07/12/07 | ArvinMeritor Takes Off the Gloves for Youth Boxers| Global Commercial Vehicle Supplier with Large Florence, Ky., Operation
Makes Donation to Boxing Program for Underprivileged Youth
CINCINNATI, July 16 /PRNewswire-FirstCall/ -- When it comes to giving back
to the community, ArvinMeritor Inc. (NYSE: ARM) pulls no punches. The premier
global automotive and commercial vehicle supplier, with Commercial Vehicle
Aftermarket headquarters in nearby Florence, Ky., donated 60 pairs of
professional boxing gloves to underprivileged yo... |
| | | 07/02/07 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss Third-Quarter Earnings for Fiscal Year 2007| TROY, Mich., July 2, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a conference call and web cast to discuss the company's
third-quarter fiscal year 2007 financial results on Monday, July 30, 2007, at
9 a.m. (ET).
To participate, call (866) 223-0615 ten minutes prior to the start of the
call. Please reference participant conference ID 5629035 when dialing in.
Investors can also listen to the conference call in real time -- or for 90
days b... |
| | | 06/21/07 | ArvinMeritor to Supply Drivetrain and All Wheel Drive System for the Mine Resistant Ambush Protected Vehicles (MRAP)| TROY, Mich., June 21 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM) has
been selected by International Military and Government, LLC, a wholly owned
subsidiary of International Truck & Engine Corporation, to supply 1,200
vehicle sets of front and rear drive axles with brakes, and transfer cases,
for a new generation of armored personnel carriers for the U.S. military - the
Mine Resistant Ambush Protected (MRAP) vehicle (Category 1).
ArvinMeritor's front drive steer axle, the MX-18-12... |
| | | 06/08/07 | ArvinMeritor Files Shelf Registration Statement for Resale of 4.00% Convertible Senior Notes Due 2027| TROY, Mich., June 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.,
(NYSE: ARM) today filed a shelf registration statement with the Securities and
Exchange Commission to register the resale by holders of up to $200,000,000 of
its 4.00% Convertible Senior Notes due 2027 (the "Notes") and the shares of
the company's common stock issuable upon conversion of the Notes. As
previously announced, the Notes were issued in a private placement in February
2007. The company will not receive any pro... |
| | | 05/17/07 | ArvinMeritor Completes Sale of Emissions Technologies Business| TROY, Mich., May 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.,
(NYSE: ARM) today announced that it has completed the sale of its Emissions
Technologies business group to One Equity Partners (OEP), an equity investment
firm based in New York for approximately $310 million, consisting of cash and
other consideration including specified assumed liabilities.
"We are pleased to have completed this transaction and look forward to
using the proceeds from the sale ... |
| | | 05/10/07 | Chip McClure: 'Performing While Transforming: Building Financial Strength in Times of Change'| Troy, Mich., May 10 /PRNewswire/ -- The following is a transcript of
remarks delivered by Chip McClure, chairman, CEO and president of
ArvinMeritor, Inc., to the Marketing & Sales Executives of Detroit (MSED)
meeting on May 9, 2007, at ArvinMeritor's World Headquarters in Troy,
Michigan.
As marketing and sales executives, you face tremendous challenges every
day.
In the automotive sector, facing-off with a cadre of OEM purchasing agents
can be a daunting process. ... |
| | | 05/08/07 | ArvinMeritor Announces Regional Technical Support Structure for Chassis Systems| Company's Light Vehicle Customers to Benefit from Regional Chassis Technical
Centers
STUTTGART, Germany, May 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today unveiled the company's regional technical support structure
for its light vehicle chassis systems customers located in Europe, North
America and Asia Pacific. Today's announcement was made from the company's
exhibit booth at the 2007 Vehicle Dynamics Expo in Stuttgart.
"Arvi... |
| | | 05/08/07 | ArvinMeritor Showcases Modular Suspension Technologies During 2007 Vehicle Dynamics Expo| Development Contracts Awarded for Three Advanced Products
STUTTGART, Germany, May 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today unveiled several new light vehicle modular suspension
technologies developed by the company's Light Vehicle Systems (LVS) Chassis
Systems business unit. Three of the advanced products have been awarded
development contracts. Today's announcement was made from the company's
exhibit booth at the 2007 Vehicle Dynamics Expo in Stuttgar... |
| | | 05/01/07 | ArvinMeritor Reports Second-Quarter 2007 Results| Company Announces Major Restructuring Initiatives in North America and Europe
TROY, Mich., May 1 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its second quarter ended
March 31, 2007.
Highlights for Second-Quarter Fiscal Year 2007
-- Sales from continuing operations of $1.6 billion -- approximately equal
to the same period last year. Results for continuing operations exclude
the company's Emissions Technologies ... |
| | | 04/27/07 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., April 27 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on April 27, 2007 at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of
10 cents ($0.10) per share on the common stock of ArvinMeritor, payable June
11, 2007, to holders of record at the close of business on May 21, 2007.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, module... |
| | | 04/02/07 | ArvinMeritor Appoints Ed Frutig Vice President and General Manager of Light Vehicle Systems Chassis Systems| Chassis Systems Business Positioned for Global GrowthTROY, Mich., April 2, 2007 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that Ed Frutig is appointed vice president and general manager
of Light Vehicle Systems (LVS) Chassis Systems. He will be responsible for
leading the business unit's accelerated plan for profitable growth through
customer-focused initiatives; including, global expansion, and
commercialization of advanced-engineering products.
... |
| | | 03/30/07 | ArvinMeritor to Present at Morgan Stanley Global Automotive Conference in New York| TROY, Mich., March 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM),a tier-one supplier to the global motor vehicle industry, today
announced that Phil Martens, president of the company's Light Vehicle Systems
business group, and Jim Donlon, CFO, will participate in the Morgan Stanley
Global Automotive Conference on Wednesday, April 4, at the Crowne Plaza Times
Square in New York, N.Y.
A live web cast of the company's presentation will be available beginning
at 8:45 a.m... |
| | | 03/28/07 | ArvinMeritor Names Rakesh Sachdev President of Asia Pacific| Company Announces New Asian Technical Center in China
TROY, Mich., March 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.,
(NYSE: ARM) announced today that Rakesh Sachdev has been named president of
Asia Pacific, effective immediately. Sachdev will report directly to
ArvinMeritor's Chairman, Chief Executive Officer and President, Charles G.
"Chip" McClure.
"Rakesh has been a long-standing and integral member of ArvinMeritor's
executive management team with extensive exp... |
| | | 03/09/07 | ArvinMeritor Hosts a Performance Plus Update and Second-Quarter Earnings Report from New York on May 1| TROY, Mich., March 9 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced that it will host an update of its Performance Plus
improvement strategy, and the company's fiscal second-quarter earnings report
at 9 a.m. (ET) on May 1, at the Marriott New York East Side in New York City.
Several members of the company's executive management team including Chip
McClure, chairman, CEO and president; the leadership of the Performance Plus
program, Phil Martens, president of Lig... |
| | | 03/05/07 | ArvinMeritor Forms Global Ride Control Business| Company's Vehicle Stability Strategy Benefits From 100-Year Gabriel HeritageTROY, Mich., March 5, 2007 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today its commitment to develop its global ride control businesses
as an integral part of the company's overall vehicle stability strategy. This
will involve the integration of design, manufacturing and distribution of
light-, medium- and heavy-duty original equipment and replacement shock
absorbers and struts... |
| | | 02/23/07 | ArvinMeritor Announces Exercise by Initial Purchasers of Option to Purchase Additional $25 million Convertible Senior Unsecured Notes Due 2027| TROY, Mich., Feb. 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that the initial purchasers in the company's
previously announced private offering of $175 million aggregate principal
amount of 4.00 percent convertible senior unsecured notes due 2027 have
exercised in full their option to acquire up to $25 million additional
principal amount of the notes, bringing to $200 million the aggregate
principal amount of 4.00 percent convertible senior unsecured no... |
| | | 02/23/07 | ArvinMeritor Repays Term Loan B Due 2012| Reduces Senior Secured Revolving Credit Facility Due 2011 from $980 million to
$900 million and Amends Terms
TROY, Mich., Feb. 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it has repaid in full the $169.5 million
aggregate principal amount of its outstanding Term Loan B due in 2012. Net
proceeds from the recent issue of convertible senior unsecured notes along
with other sources were used to fund the repayment.
The co... |
| | | 02/06/07 | ArvinMeritor Announces Pricing of Convertible Senior Unsecured Notes| TROY, Mich., Feb. 6 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.,
(NYSE: ARM) today announced the pricing of its offering of $175 million
aggregate principal amount of convertible senior unsecured notes due 2027 (the
"notes"). The offering is being made to qualified institutional buyers in a
private placement. The notes will rank equally in right of payment to all of
ArvinMeritor's existing and future senior unsecured indebtedness.
ArvinMeritor has granted to the initial purchasers o... |
| | | 02/05/07 | ArvinMeritor Announces Proposed Offering of Convertible Senior Unsecured Notes| TROY, Mich., Feb. 5 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.,
(NYSE: ARM) today announced that it intends, subject to market and other
conditions, to offer $175 million aggregate principal amount of convertible
senior unsecured notes due 2027 (the "notes") to qualified institutional
buyers in a private placement. ArvinMeritor expects to grant the initial
purchasers of the notes an option to purchase up to an additional $25 million
aggregate principal amount of the notes, solely to ... |
| | | 02/02/07 | ArvinMeritor Signs Definitive Agreement to Sell Emissions Technologies Group| Proceeds to Further Strengthen Balance Sheet and Support Growth in Vehicle Systems and Controls, Asian Markets and Aftermarket Products and ServicesTROY, Mich., Feb 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.,
(NYSE: ARM) announced today that it has signed a definitive agreement to sell
its Emissions Technologies business group to One Equity Partners (OEP), an
equity investment firm based in New York. Cash and other consideration total
approximately $310 mil... |
| | | 01/30/07 | ArvinMeritor Reports First-Quarter Fiscal Year 2007 Results| TROY, Mich., Jan 30, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its first fiscal quarter
ended Dec. 31, 2006. Highlights include:
Sales from continuing operations of $2.3 billion, up 12 percent from the
same period last year.
Income from continuing operations, before special items, was $11
million, or $0.16 per diluted share, compared to $12 million, or $0.17
per diluted share,... |
| | | 01/26/07 | ArvinMeritor Declares Quarterly Dividend on Common Stock and Holds Annual Shareowners Meeting| TROY, Mich., Jan 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held today at its corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, payable March 12, 2007, to
holders of record at the close of business on Feb. 20, 2007.
The company also held its annual shareowners meeting today at its
corporate headquarters. At the meeting, s... |
| | | 01/11/07 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss Fiscal Year 2007 First-Quarter Earnings| TROY, Mich., Jan. 11 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2007 first-quarter financial results on Tuesday,
Jan. 30, 2007, at 8 a.m. (ET). The conference call, which was originally
scheduled for 9 a.m., was changed due to a scheduling conflict.
To participate, call (617) 614-2710, ten minutes prior to the start of the
call. Please reference Participant Passcode 97169176 when ... |
| | | 01/10/07 | ArvinMeritor to Develop First Dual-Mode Heavy-Duty Diesel-Electric Drivetrain for Wal-Mart Transportation| Development vehicle offers reduced fuel consumption, lower maintenance costs, fewer emissionsTROY, Mich., Jan 10, 2007 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc. and Wal-Mart
Transportation, Bentonville, Ark., have agreed to development of a dual-mode,
diesel-electric drivetrain for a Class 8 tractor. The vehicle, which is
believed to be the first dual-mode diesel-electric tractor prototype in
development in North America, will be based on an International Class 8
ProStar t... |
| | | 12/05/06 | ArvinMeritor to Host Analyst Day in New York| Available by Web Cast and Conference Call
TROY, Mich., Dec. 5 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host an audio conference call and web cast of its Analyst Day
on Thursday, Dec. 7, 2006, from 8:30 to 11:45 a.m. (ET). The presentation
will include company and business group highlights, additional detail
associated with the company's recently announced profit improvement program,
and a financial review. Presenting will be:
* Chip McClur... |
| | | 11/14/06 | ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2006 Results| Announces Company-Wide Profit Improvement Initiative
TROY, Mich., Nov. 14 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its full fiscal year and
fourth quarter ended Sept. 30, 2006.
* On a GAAP basis, the loss from continuing operations was $261 million
or $3.76 per diluted share for the fourth quarter. These results were
primarily due to a $310 million non-cash impairment charge for goodwill
related to the company's li... |
| | | 11/14/06 | ArvinMeritor Declares Quarterly Dividend on Common Stock and Announces Its Annual Shareowners Meeting| TROY, Mich., Nov. 14 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on November 14, 2006, at its
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, payable Dec. 11,
2006, to holders of record at the close of business on Nov. 27, 2006.
The company also announced today that its annual shareowners' meeting will
be held on Jan. 26, 2007, at 9:00 a.m. ... |
| | | 10/05/06 | ZF Meritor Files Antitrust Lawsuit Against Eaton| Takes Stand to Protect Fair Competition
TROY, Mich., Oct. 5 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that ZF Meritor LLC, a venture between
ArvinMeritor and ZF Friedrichshafen AG, and Meritor Transmission Corporation,
an ArvinMeritor company, have filed an antitrust lawsuit against Eaton
Corporation (NYSE: ETN) in the United States District Court for the District
of Delaware. The Companies are seeking an injunction prohibiting Eaton fr... |
| | | 10/04/06 | ArvinMeritor Light Vehicle Systems Warranty Director Receives Automotive Hall of Fame Young Leadership and Excellence Award| DETROIT, Oct. 4 /PRNewswire-FirstCall/ -- Aaron Bickford, director of
Enterprise Risk Management for ArvinMeritor, Inc. (NYSE: ARM), is the
recipient of a Young Leadership and Excellence Award. The award, presented
last night by the Automotive Hall of Fame, recognizes individuals age 35 and
under who demonstrate significant potential as future leaders within the
automotive industry.
"Aaron's career is distinguished by his drive to improve organizational
performance," said Bob See... |
| | | 10/03/06 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2006 Fourth-Quarter Earnings| TROY, Mich., Oct. 3 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2006 fourth-quarter financial results on Tuesday,
Nov. 14, 2006, at 4:30 p.m. (ET).
To participate, call (617) 213-8892 ten minutes prior to the start of the
call. Please reference participant code 51321821 when dialing in. Investors
can also listen to the conference call in real time -- or for 90 days by
recording -... |
| | | 09/14/06 | ArvinMeritor to Present at Dresdner Kleinwort Analyst and Investor Conference| TROY, Mich., Sept. 14 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM), a Tier-One supplier to the global motor vehicle industry,
announced today that it will participate in the Dresdner Kleinwort Analyst and
Investor Conference to be held Wednesday, Sept. 20 in Hanover, Germany.
Chairman, CEO and President Chip McClure will present a company overview
including financial and investment highlights at the conference, which takes
place alongside the 61st International Motor Show (... |
| | | 09/12/06 | ArvinMeritor Appoints Robert Ostrov Senior Vice President of Human Resources| TROY, Mich., Sept. 12 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that Robert Ostrov is appointed senior vice
president of Human Resources, effective Sept. 18. The Board of Directors also
today elected Ostrov an officer of the company, in addition to electing newly
appointed senior vice presidents and presidents Phil Martens (Light Vehicle
Systems), Carsten Reinhardt (Commercial Vehicle Systems) and Buddy Wacaser
(Emissions Technologies) officers of the co... |
| | | 08/25/06 | ArvinMeritor and Pyeong Hwa Automotive to Form Slovakian Joint Venture| Partnership Will Deliver Door Modules to Kia
DETROIT, Aug. 25 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that its Light Vehicle Systems (LVS) business group has formed
a joint venture with Pyeong Hwa Automotive (PHA) for the final assembly of
fully integrated door modules delivered just-in-time and sequenced for Kia
Motors Corporation's new plant in Slovakia.
"Winning such a prestigious contract with Kia Motors is one more example
of ... |
| | | 08/24/06 | ArvinMeritor Announces Key Executive Appointments within Its Global Operations| Creates Emissions Technology Group to Support Increasing Customer Demand
Philip R. Martens named senior vice president and president, Light Vehicle
Systems; Juan De La Riva to retire
Carsten J. Reinhardt named senior vice president and president, Commercial
Vehicle Systems; Tom Gosnell to retire
H.H. "Buddy" Wacaser named senior vice president and president, Emissions
Technology Group
TROY, Mich., Aug. 24 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced a s... |
| | | 08/07/06 | ArvinMeritor Announces Intention to Establish New Trailer Axle and Suspension Manufacturing Facility in China| SHANGHAI, China, Aug. 7 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
today announced it will open a new wholly-owned operation in Wuxi, Jiangsu
Province, China. The 300,000 sq. ft. facility will initially manufacture
trailer axles and suspensions for key trailer manufacturers in China, as well
as for export of components to North American and European plants. The
company's board of directors approved the investment in the new facility.
Production is estimated to begin in the fi... |
| | | 08/07/06 | ArvinMeritor to Present at JP Morgan Harbour Auto Conference| TROY, Mich., Aug. 7 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) Chief Financial Officer Jim Donlon will provide a financial
performance update for the company, as well as other business highlights on
Tuesday, Aug. 8, from the JP Morgan Harbour Auto Conference at the Ritz-
Carlton Hotel in Dearborn, Mich.
Donlon's remarks are scheduled to begin at 4:10 p.m. and will include a
brief question-and-answer period. Presentation materials and a link to the Web
cast will be av... |
| | | 07/31/06 | ArvinMeritor Reports Third-Quarter Fiscal Year 2006 Results| Raises Full-Year Earnings and Free Cash Flow Guidance
TROY, Mich., July 31 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its third fiscal quarter
ended June 30, 2006.
Third-Quarter Fiscal Year 2006 Highlights
* Record sales of $2.5 billion, up 4 percent from the third quarter of
fiscal 2005.
* Net income was $20 million or $0.29 per diluted share, compared to $46
million, or $0.66 per diluted sh... |
| | | 07/28/06 | ArvinMeritor's Emissions Technologies Group Receives Volkswagen Excellence Award for Quality| TROY, Mich., July 28 /PRNewswire/ -- ArvinMeritor, Inc.'s (NYSE: ARM)
Light Vehicle Systems (LVS) business group announced today that its Emissions
Technologies business received Volkswagen Group's Excellence Award in 2006 for
Quality. Specifically, ArvinMeritor's manufacturing facility in Pamplona,
Spain, and two Customer Value Centers (CVCs) in Martorell, Spain, and Mlada
Boleslav, Czech Republic, are recipients of the Excellence Award.
The award distinguishes ArvinMeritor as one... |
| | | 07/28/06 | ArvinMeritor's Emissions Technologies Team Receives Ford Motor Company Gold Award| TROY, Mich., July 28 /PRNewswire/ -- ArvinMeritor, Inc.'s (NYSE: ARM)
Light Vehicle Systems (LVS) business group announced today that its Emissions
Technologies team based in Almussafes, Spain, received a Ford Motor Co. Gold
Award for exemplary performance in 2005. As part of Ford's prestigious World
Excellence award supplier series, the Gold Award recognizes outstanding
performance in the areas of cost, quality and delivery.
During a ceremony held in Dearborn, Mich., U.S., Richar... |
| | | 07/28/06 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., July 28 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on July 28, 2006 at
corporate headquarters in Troy, Mich., declared a quarterly dividend of 10
cents ($0.10) per share on the common stock of ArvinMeritor, payable Sept. 11,
2006, to holders of record at the close of business on Aug. 21, 2006.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules an... |
| | | 07/26/06 | ArvinMeritor to Sell Its MSSC Joint Venture Shares to Mitsubishi Steel| TROY, Mich., July 26 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.'s (NYSE:
ARM) Light Vehicle Systems (LVS) business group announced today that it has
signed a letter of intent to sell its 57 percent shareholdings in Meritor
Suspension Systems Company (MSSC) to joint venture partner Mitsubishi Steel
Mfg. Co., Ltd. (MSM). The joint venture, formed in 1986, produces steel
torsion and stabilizer bars and coil springs for the North American passenger
car market. The sale is subject to fina... |
| | | 07/25/06 | ArvinMeritor Announces Sale of Light Vehicle Aftermarket Motion Control Business in Marion, S.C.| TROY, Mich., July 25 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the sale of its Light Vehicle Aftermarket (LVA)
Motion Control business in Marion, S.C., to AVM Industries LLC, an Ohio
Limited Liability Company. Terms of the agreement were not disclosed. The sale
does not include the land and buildings which are being retained by
ArvinMeritor.
"With this sale, we move closer to our objective to divest the entire LVA
business group, allowing us to bui... |
| | | 06/28/06 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss Fiscal Year 2006 Third-Quarter Earnings| TROY, Mich., June 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2006 third-quarter financial results on Monday, July 31,
2006, at 9 a.m. (ET).
To participate, call (617) 786-2964 ten minutes prior to the start of the
call. Please reference participant passcode 41571423 when dialing in.
Investors can also listen to the conference call in real time -- or for 90
days by recording -- ... |
| | | 06/26/06 | ArvinMeritor's Wheels Team Receives Chrysler Group Gold Award for Outstanding 2005 Performance| TROY, Mich., June 26, 2006 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc.'s (NYSE: ARM)
Light Vehicle Systems (LVS) business group announced today that its steel
wheels team received a Chrysler Group Gold Award for outstanding performance
in 2005. This designation places ArvinMeritor among the highest-rated
suppliers to the Chrysler Group.
With locations in Limeira, Sao Paulo, Brazil; San Luis Potosi, Mexico; and
Detroit, Mich., U.S., the Wheels business unit supplied five mi... |
| | | 06/26/06 | ArvinMeritor Receives Volkswagen Group Awards for Entrepreneurial Achievement and Excellence in Product Development| TROY, Mich., June 26, 2006 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc.'s (NYSE: ARM)
Light Vehicle Systems (LVS) business group announced today that it has
received Volkswagen Group awards recognizing outstanding performance in the
areas of entrepreneurial achievement and excellence in product development.
The two awards designate ArvinMeritor's Roof Systems, Door Systems and
Emissions Technologies operations in Mexico as being among the highest-rated
suppliers to Volkswagen... |
| | | 06/23/06 | ArvinMeritor Enters Into New $1.15 Billion Senior Secured Credit Facilities| Replaces Prior $900 Million Facility
TROY, Mich., June 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it has entered into two new senior secured
credit facilities.
The new facilities include a $980 million revolving credit facility,
maturing in 2011, and a $170 million term loan B, maturing in 2012. JP Morgan
Securities Inc. and Citigroup Global Markets Inc. arranged the facilities,
which replaced the company's prior revolving credit facility.
... |
| | | 06/20/06 | ArvinMeritor Announces Sale of Gabriel South Africa Light Vehicle Aftermarket Ride Control Business| TROY, Mich., June 20 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the sale of Gabriel South Africa, its Light
Vehicle Aftermarket (LVA) Ride Control business in Cape Town -- which includes
the sale of the Gabriel trademark in designated African countries -- to
Control Instruments Group Limited, which is listed on the JSE Limited in South
Africa. The cash purchase price of the transaction is approximately $12
million, which does not include the land and build... |
| | | 06/15/06 | ArvinMeritor Appoints Deborah Henderson Vice President and General Manager of Door Systems Business| TROY, Mich., June 15 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Deborah deBoer Henderson has been named vice
president and general manager of the company's Light Vehicle Systems (LVS)
global Door Systems business. This new appointment distinguishes Henderson as
the first female to hold the role of business unit vice president and general
manager at ArvinMeritor. She will report to Juan De La Riva, president of LVS.
"Deborah brings a wealth of experience to ... |
| | | 06/12/06 | ArvinMeritor and CAW Reach Tentative Agreement in Tilbury, Ontario| TROY, Mich., June 12, 2006 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it has reached a tentative agreement with the Canadian
Auto Workers (CAW) 1941 union bargaining committee at ArvinMeritor's Tilbury,
Ont., Canada Commercial Vehicle Systems (CVS) foundation brake facility.
Operations at the Tilbury facility will resume today, effective immediately.
"We welcome our employees back and are pleased to reach this tentative
agreement," said Pe... |
| | | 06/04/06 | Labor Negotiations Cease with CAW Local 1941 at ArvinMeritor's Brake Facility in Tilbury, Ontario| TROY, Mich., June 4 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that a tentative agreement was not reached with
the Canadian Auto Workers (CAW) Local 1941 union bargaining committee at the
Tilbury, Ont., Canada Commercial Vehicle Systems (CVS) facility, prior to the
expiration of the contract which occurred at midnight. As a result,
ArvinMeritor Canada has suspended operation at the facility until a collective
agreement is ratified.
"We have presented our fourth... |
| | | 05/30/06 | ArvinMeritor Appoints Terry Huch Director of Investor Relations| TROY, Mich., May 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Terry Huch is named director of Investor
Relations for the company, effective June 5. In this role, he will be
responsible for global investor strategy, which encompasses developing and
communicating ArvinMeritor's financial fundamentals and strategic vision to
the company's shareowners and financial constituents.
"We're very pleased to have Terry join our team -- his solid background ... |
| | | 05/23/06 | ArvinMeritor Files Resale Shelf Registration Statement for 4.625 Percent Convertible Senior Notes Due 2026| TROY, Mich., May 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today filed a shelf registration statement with the Securities and
Exchange Commission to register the resale by holders of up to $300 million of
its 4.625 percent Convertible Senior Notes due 2026 (the "Notes"), and the
shares of the company's common stock issuable upon conversion of the Notes.
As previously announced, the Notes were issued in a private placement in
March 2006. The company will not receiv... |
| | | 05/22/06 | ArvinMeritor Announces Planned Refinancing of Existing Revolving Credit Facility| TROY, Mich., May 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has selected JP Morgan Securities Inc. and
Citigroup Global Markets Inc. to arrange new senior secured credit facilities
(the "Facilities") to replace its existing revolving credit facility.
The Facilities are expected to consist of a new revolving credit facility
and a term loan B. Details of the planned Facilities will be provided to
potential participants in the Facilities at a b... |
| | | 05/16/06 | ArvinMeritor Light Vehicle Systems Senior Director of Quality Systems Receives AIAG Outstanding Achievement Award| DETROIT, May 16 /PRNewswire/ -- Dan Roche, senior director of Quality
Systems within ArvinMeritor, Inc.'s (NYSE: ARM) Light Vehicle Systems (LVS)
business group, received an Automotive Industry Action Group (AIAG)
Outstanding Achievement Award at a ceremony held Monday, May 15. The Award is
granted to individuals in recognition of substantial contributions made, and
leadership on behalf of, the automotive industry.
"ArvinMeritor has long known Dan to be a tireless, impactful advoca... |
| | | 05/01/06 | ArvinMeritor Declares Quarterly Dividend on Common Stock|
TROY, Mich., May 1 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors, at a meeting held on April 27, 2006 at
corporate headquarters in Troy, Mich., declared a quarterly dividend of
10 cents ($0.10) per share on the common stock of ArvinMeritor, payable
June 12, 2006, to holders of record at the close of business on May 22,
2006.
SOURCE ArvinMeritor, Inc.
CONTACT:
Media Inquiries:
Krista McClure
248-435-7115
krista.mcclure@arvinmeritor.com... |
| | | 04/28/06 | ArvinMeritor Reports Second-Quarter Net Income of $45 Million - Up $78 Million| Achieves Second-Quarter Earnings Per Share at Top End of Range and Updates Full-Year OutlookTROY, Mich., April 28, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its second fiscal quarter
ended March 31, 2006.
Second-Quarter Fiscal Year 2006 Highlights
* Net income was $45 million, or $0.64 per diluted share, compared to a
net loss of $33 million in the second quarter of fiscal 2005.
* Income from continuin... |
| | | 04/25/06 | ArvinMeritor Appoints Jeffrey Craig Controller| TROY, Mich., April 25 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced that Jeffrey (Jay) Craig is named vice president and controller of
the company, effective May 1, 2006.
"We are delighted that Jay is joining our team," said Jim Donlon, senior
vice president and CFO. "He brings a wealth of experience and expertise in
managing strong financial controls, as well as extensive knowledge of the
automotive industry. His strategic and operational background will be a
sig... |
| | | 04/07/06 | ArvinMeritor to Present at Morgan Stanley Global Automotive Conference| TROY, Mich., April 7 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) a premier supplier to the global motor vehicle industry, today
announced that its Chairman, CEO and President Chip McClure, and Senior Vice
President of Strategy and Corporate Development Rakesh Sachdev, will
participate in the Morgan Stanley Global Automotive Conference on Tuesday,
April 11 at the Crowne Plaza Times Square in New York, N.Y.
A live web cast of the company's presentation will be available ... |
| | | 04/05/06 | ArvinMeritor Receives Quality Performance Award from Honda| TROY, Mich., April 5, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that its Meritor Suspension Systems Co. (MSSC)
joint venture with Mitsubishi Steel Manufacturing Co. is a recipient of
Honda's Quality Performance Award, for achieving a defect rate of zero parts
per million (PPM) from January to December 2005 at its site in Chatham, Ont.,
Canada. The facility, part of ArvinMeritor's Light Vehicle Systems (LVS)
business group, was rec... |
| | | 04/03/06 | AM General Subsidiary General Engine Products Selects ArvinMeritor to Provide ActiveClean(TM) Atomizer Technology for Diesel Engines|
Emerging technology will be key element of emissions control system on
General Engine Products' Optimizer engines for military and commercial
applications
TROY, Mich., April 3 /PRNewswire/ -- ArvinMeritor (NYSE: ARM) and General
Engine Products (GEP), a solely owned subsidiary of AM General, today jointly
announced an agreement under which ArvinMeritor will supply its
ActiveClean(TM) Atomizer technology, as part of the emissions control
aft... |
| | | 03/28/06 | ArvinMeritor Announces Results and Proration of Its Tender Offers for Up to $600 Million of the Company's Notes| TROY, Mich., March 28, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the results and proration of its previously
announced cash tender offers for up to $600 million aggregate principal amount
of its 6.625 percent notes due 2007, 6.75 percent notes due 2008, 7.125
percent notes due 2009, and 6.8 percent notes due 2009 (collectively, the
"Notes"). The offers commenced on Feb. 28, 2006, and expired at 11:59 p.m. ET
on March 27, 2006 (th... |
| | | 03/22/06 | Multimedia News Release - ArvinMeritor Awarded DaimlerChrysler U.S. 2007 Heavy-Duty Exhaust Emissions Device Packaging Business| TROY, Mich., March 22 /PRNewswire/ -- ArvinMeritor (NYSE: ARM) announced
today that its Commercial Vehicle Systems (CVS) group has been awarded the
supply of 100 percent of the exhaust aftertreatment device packaging for
DaimlerChrysler's heavy-duty engines for the U.S. market in 2007.
To view the Multimedia News Release, go to:
http://www.prnewswire.com/mnr/arvinmeritor/24063/
The supply of the device packaging, which includes packaging for Detroit
Diesel and Mercedes B... |
| | | 03/17/06 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY06 Second-Quarter Earnings| TROY, Mich., March 17 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2006 second-quarter financial results on Friday,
April 28, 2006, at 8:30 a.m. (ET).
To participate, call (617) 213-8838 ten minutes prior to the start of the
call. Please reference participant passcode 82658447 when dialing in.
Investors can also listen to the conference call in real time -- or for 90
days by reco... |
| | | 03/14/06 | ArvinMeritor Affirms Second-Quarter Earnings Guidance at Higher End of Forecasted Range| TROY, Mich., March 14 /PRNewswire-FirstCall/ -- Today at Citigroup's Small
& Mid-Cap Conference in Las Vegas, Nev., ArvinMeritor, Inc.'s (NYSE: ARM)
Chairman, CEO and President Chip McClure, and Senior Vice President and CFO
Jim Donlon, told investors the company expects earnings per share from
continuing operations, before special items, for the second quarter of fiscal
year 2006 to be at the higher end of the previously forecasted range of $0.35
to $0.40 per diluted share. The compa... |
| | | 03/13/06 | ArvinMeritor Announces Pricing of Tender Offers for Up to $450 Million of the Company's Notes| Increases Offers to a Maximum of $600 MillionTROY, Mich., March 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE:
ARM) announced today the reference yield for each series of notes subject to
its previously announced cash tender offers for up to $450 million in
aggregate principal amount of its 6.625 percent notes due 2007, 6.75 percent
notes due 2008, 7.125 percent notes due 2009 and 6.8 percent notes due 2009
(collectively, the "Notes"), which represents ... |
| | | 03/13/06 | ArvinMeritor Announces Exercise by Initial Purchasers of Option to Purchase Additional $40 Million Convertible Senior Unsecured Notes Due 2026| TROY, Mich., March 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that the initial purchasers in the company's
previously announced private offering of $260 million aggregate principal
amount of 4.625 percent convertible senior unsecured notes due 2026 have
exercised in full their option to acquire up to $40 million additional
principal amount of the notes solely to cover over-allotments, bringing to
$300 million the aggregate prin... |
| | | 03/10/06 | ArvinMeritor to Present at Citigroup Small & Mid-Cap Conference| TROY, Mich., March 10 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM), a premier supplier to the global motor vehicle industry, today
announced that its Chairman, CEO and President Chip McClure, and Senior Vice
President and CFO Jim Donlon will participate in the 2006 Citigroup Small &
Mid-Cap Conference, being held from March 14-16 at the Four Seasons Hotel at
Mandalay Bay in Las Vegas, Nev.
A live Web cast of the company's presentation will be available beginning
at 9... |
| | | 03/07/06 | ArvinMeritor Announces Sale of Light Vehicle Aftermarket Exhaust Business in North America| TROY, Mich., March 7 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has sold its North American Light Vehicle
Aftermarket (LVA) exhaust business based in Loudon, Tenn. and Moncton, New
Brunswick, Canada, to IMCO (International Muffler Company), a producer of
aftermarket exhaust systems and components based in Schulenburg, Texas. Terms
of the agreement were not disclosed.
"This transaction will further enhance ArvinMeritor's goal to strengthen
o... |
| | | 03/01/06 | ArvinMeritor Announces Pricing and Increase in Size of Offering of Convertible Senior Unsecured Notes| TROY, Mich., March 1 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the pricing of its offering of $260 million
aggregate principal amount of convertible senior unsecured notes due in 2026
(the "notes"). The offering, which is being made to qualified institutional
buyers in a private placement, was increased in size from the $200 million
amount previously announced. The notes will rank equally in right of payment
to all of ArvinMeritor's existing and future se... |
| | | 02/28/06 | ArvinMeritor Announces Tender Offers for Up to $450 Million of the Company's Notes| TROY, Mich., Feb. 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the commencement of tender offers for up to $450
million aggregate principal amount of ArvinMeritor's notes listed below and in
the manner described below. The total outstanding principal amount of the
notes included in the offers is approximately $693 million. ArvinMeritor will
conduct the offers in accordance with terms and conditions described in its
Offer to Purchase dated Feb. 28, 2006. E... |
| | | 02/28/06 | ArvinMeritor Announces Proposed Offering of Convertible Senior Unsecured Notes| TROY, Mich., Feb. 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it intends, subject to market and other
conditions, to offer $200 million aggregate principal amount of convertible
senior unsecured notes due in 2026 (the "notes") to qualified institutional
buyers in a private placement. ArvinMeritor expects to grant the initial
purchasers of the notes an option to purchase up to an additional $30 million
aggregate principal amount of the notes. In cert... |
| | | 02/23/06 | ArvinMeritor Announces Sale of Purolator Filters Business to Bosch and MANN+HUMMEL| Feb 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it has entered into a definitive agreement to
sell its Light Vehicle Aftermarket (LVA) Purolator filters business in North
America to Bosch and MANN+HUMMEL. The transaction is subject to regulatory
approvals. Terms of the agreement were not disclosed. The agreement to sell
Purolator is part of ArvinMeritor's previously announced strategy to divest
its LVA businesses individ... |
| | | 01/31/06 | ArvinMeritor Announces the Appointment of Mary Lehmann to Vice President and Treasurer| TROY, Mich., Jan. 31 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the appointment of Mary Lehmann to the position of
vice president and treasurer. Lehmann will also serve as an officer of the
company, approved during the board of directors' meeting at corporate
headquarters in Troy.
Lehmann will be responsible for ArvinMeritor's global capital market and
treasury activities, reporting to Jim Donlon, senior vice president and CFO.
Lehmann most recently... |
| | | 01/31/06 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Jan. 31 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, payable Mar. 13, 2006, to
holders of record at the close of business on Feb. 21, 2006.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules and components ... |
| | | 01/25/06 | Meritor(R) Axles and Brakes Specified on New Hybrid Buses| In Continuing Collaboration with Gillig
TROY, Mich., Jan. 25 /PRNewswire/ -- ArvinMeritor's Commercial Vehicle
Systems business today announced that its Meritor transit bus axles and brakes
have been specified as part of a hybrid bus consortium contract. The
consortium consists of 11 transit agencies in California, Nevada, and New
Mexico.
The contract was awarded to Gillig Corporation, one of North America's
largest producers of transit buses, with whom Arvin... |
| | | 01/24/06 | ArvinMeritor Reports First-Quarter Fiscal Year 2006 Results| Company Meets First-Quarter Expectations and Increases Outlook
for Free Cash Flow
TROY, Mich., Jan. 24 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its first fiscal quarter,
ended Dec. 31, 2005.
First-Quarter Fiscal Year 2006 Highlights
* Net income was $34 million, or $0.49 per diluted share, compared to $18
million, or $0.26 per diluted share last year -- an increase of 88 percent.
*... |
| | | 01/24/06 | ArvinMeritor Extends Agreement with Liteflex(R) for Increased Focus on Composites| TROY, Mich., Jan. 24 /PRNewswire/ -- ArvinMeritor's Commercial Vehicle
Systems business announced today that it has signed a long-term agreement with
Liteflex, LLC to be the exclusive distributor of Liteflex(R) truck, trailer,
and specialty vehicle composite mechanical springs. The agreement is
effective immediately for North America and several other global markets, and
extends the existing agreement that originated in 2003.
"We are pleased to extend this agreement with Liteflex ... |
| | | 01/24/06 | ArvinMeritor Unveils Its New Medium-Duty Hydraulic Brake Parts Family To offer customers an expanded brake parts portfolio| Jan 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) Commercial Vehicle Aftermarket business unveiled, here at the
Heavy Duty Aftermarket Week, its expanded medium-duty, all-makes hydraulic
brake product line. The new part number offering covers hydraulically-braked
highway commercial vehicles, class 2 through 7, domestic, and imports through
2005.
The medium-duty hydraulic brake parts include: hardware kits; disc pads
and shoes; drums and roto... |
| | | 01/10/06 | ArvinMeritor and ZF Delighted with Ruling on FreedomLine(TM) Transmission| TROY, Mich., Jan. 10 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) and ZF
are delighted with the latest ruling from the International Trade Commission
on the importation of the FreedomLine transmissions, manufactured by ZF
Friedrichshafen in Germany.
"We were confident that the re-design did not infringe on the 279 patent,
and the ruling has certainly verified our position in serving customers,"
stated Wolfgang Vogel, executive vice president, Commercial Vehicle
Transmissions, an... |
| | | 01/10/06 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY06 First-Quarter Earnings| TROY, Mich., Jan. 10 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2006 first-quarter financial results on Tuesday, Jan.
24, 2006, at 9 a.m. (ET).
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting ht... |
| | | 12/01/05 | ArvinMeritor Wins Domestic Chinese Door Module Business| Company Announces Contract Valued at $79 Million with a Leading Automotive
Manufacturer in China
SHANGHAI, China, Dec. 1 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Systems (LVS) business
group will provide a leading automotive manufacturer in China with a complete
sealed door module, including window regulator and motor for a 2007 model year
vehicle, as part of a newly awarded, multi-year, $79 million co... |
| | | 12/01/05 | ArvinMeritor to Host Analyst Day Presentation in New York| Available Via Web Cast and Conference CallTROY, Mich., Dec 01, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a listen-only Web cast and conference call of its
Analyst Day presentation between 8:30 and 11:30 a.m. (ET) on Thursday, Dec. 8.
The presentation will include an analysis and discussion of the company's
markets and strategies.
Presenters are as follows:
-- Chip McClure, chairman, CEO and president
-- Jim Donlon, ... |
| | | 11/15/05 | ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2005 Results| Achieves Full-Year Income from Continuing Operations,
Before Special Items, at Upper End of Guidance Range
TROY, Mich., Nov. 15 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its full fiscal year and
fourth quarter ended Sept. 30, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
* In line with guidance previously provided, full-year income from
continuing operations, before special item... |
| | | 11/09/05 | ArvinMeritor Announces Its Annual Shareowners Meeting| TROY, Mich., Nov. 9 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) board of directors today announced that its annual shareowners'
meeting will be held on Tuesday, Jan. 31, 2006, at 2:00 p.m. (Eastern Standard
Time) at their Troy, Mich. headquarters. Shareowners of record at the close
of business on Nov. 25, 2005, will be entitled to notice of and, to vote at
the annual meeting.
ArvinMeritor, Inc. is a premier $8 billion global supplier of a broad
range of integra... |
| | | 11/09/05 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Nov 09, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, payable Dec. 12, 2005, to
holders of record at the close of business on Nov. 21, 2005.
ArvinMeritor, Inc. is a premier $8 billion global supplier of a broad
range of integrated systems, modules and... |
| | | 10/25/05 | ArvinMeritor Dedicates Customer Value Center in Montgomery| DETROIT, Oct. 25 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM)
dedicated its Light Vehicle Systems (LVS) Customer Value Center (CVC) today in
Montgomery, Ala., with a ribbon-cutting ceremony followed by site tours. The
event celebrated the opening of the final assembly facility that will deliver
one million complete door modules annually for Hyundai's North American
production of Sonata and Santa Fe models.
"We are proud to be part of the city of Montgomery and suppor... |
| | | 10/12/05 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2005 Fourth-Quarter Earnings| TROY, Mich., Oct. 12 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2005 fourth-quarter financial results on Tuesday,
Nov. 15, 2005, at 9:00 a.m. (ET).
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the ... |
| | | 10/06/05 | Purolator to Award BASS Pro Tournament Trail Boat & Truck to Lucky Fan in Chicago| BRENTWOOD, Tenn., Oct. 6 /PRNewswire/ -- Purolator, a primary brand of
ArvinMeritor, Inc. (NYSE: ARM), will award a custom 21-foot Triton boat and
2005 Toyota Tundra double cab 4x4 tow vehicle, used on the 2005 CITGO
Bassmaster Tournament trail, to a lucky contest winner at his home near
Chicago, Ill., on October 7.
Purolator is a premier sponsor of BASS, the worldwide authority on bass
fishing.
The boat and truck were the grand prize in a national sweepstakes and will
be a... |
| | | 10/06/05 | ArvinMeritor Announces Sale of Off-Highway Brake Assets| TROY, Mich., Oct 06, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the sale of the assets of its off-highway brake
business to Carlisle Braking Products, owned by Carlisle Companies
Incorporated of Charlotte, N.C., U.S. The purchase price of the transaction
is approximately $39 million. The transaction will include the sale of
equipment and assets from manufacturing facilities in York, S.C., U.S. and
Cwmbran, South Wales, U.K.
... |
| | | 09/30/05 | ArvinMeritor Announces Expiration and Settlement of Exchange Offer| TROY, Mich., Sept. 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the expiration of its offer to exchange a new
series of Senior Notes due Sept. 15, 2015, for up to $350 million of its
outstanding $499 million 6.80 percent Senior Notes (the "6.80 percent Notes")
due Feb. 15, 2009, and $150 million 7.125 percent Senior Notes (the "7.125
percent Notes" and, together with the 6.80 percent Notes, the "Old Notes") due
March 15, 2009. The exchange offer expired a... |
| | | 09/29/05 | ArvinMeritor Light Vehicle Systems Vice President of Quality, Engineering and Technology Recognized as a Leading Woman in North American Auto Industry| DETROIT, Sept. 29 /PRNewswire/ -- Deborah deBoer Henderson, vice president
of Quality, Engineering and Technology within ArvinMeritor, Inc.'s (NYSE: ARM)
Light Vehicle Systems (LVS) business group, was honored by Automotive News at
a gala held Wednesday, Sept. 28 in recognition of the 100 Leading Women in the
North American Auto Industry.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050929/DETH007
http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
Hend... |
| | | 09/26/05 | ArvinMeritor Announces Pricing Terms of Exchange Offer| TROY, Mich., Sept. 26 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced pricing terms of its Exchange Offer, in which a
new series of Senior Notes due Sept. 15, 2015 (the "New Notes"), are to be
issued in exchange for up to $350 million of its outstanding $499 million 6.80
percent Senior Notes ("the 6.80 percent Notes") due Feb. 15, 2009, and $150
million 7.125 percent Senior Notes (the "7.125 percent Notes" and, together
with the 6.80 percent Notes, the "Old Not... |
| | | 09/16/05 | ArvinMeritor Announces Expiration of Early Participation Period for Exchange Offer| TROY, Mich., Sept. 16 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the expiration of the early participation period
in connection with its offer to exchange a new series of Senior Notes due
Sept. 15, 2015 (the "New Notes") for up to $350 million of its outstanding
$499 million 6.80 percent Senior Notes (the "6.80 percent Notes") due Feb. 15,
2009 and $150 million 7.125 percent Senior Notes (the "7.125 percent Notes"
and, together with the 6.80 percent Notes, the... |
| | | 09/15/05 | ArvinMeritor Announces Extension of Early Participation Date for Exchange Offer and Increases Size of Exchange Offer| TROY, Mich., Sept. 15 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced the extension of the early participation date in
connection with its offer to exchange a new series of Senior Notes due Sept.
15, 2015 (the "New Notes"), for certain of its outstanding $499 million 6.80
percent Senior Notes (the "6.80 percent Notes") due Feb. 15, 2009, and $150
million 7.125 percent Senior Notes (the "7.125 percent Notes" and, together
with the 6.80 percent Notes, the "Old Notes"... |
| | | 09/14/05 | ArvinMeritor to Move Ride Control Operation and Reduce Workforce in Chickasha, Oklahoma Light Vehicle Aftermarket Facility| TROY, Mich., Sept 14, 2005 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it plans to move the shock and strut portion of its
manufacturing operations from the Chickasha, Okla., U.S. facility to its plant
in Queretaro, Mexico.
The company met with employees today to discuss the transfer plans, which
will affect approximately 270 full-time and temporary Chickasha employees.
The transfer of this business and the reduction in workforce will b... |
| | | 09/14/05 | ArvinMeritor Unveils Diesel Fuel Vaporizer| New Emissions Technology Reduces Cost of Filter Materials by 15 Percent
FRANKFURT, Germany, Sept. 14 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Systems (LVS) Emissions
Technologies business has unveiled new technology for more reliable, low-cost
diesel particulate filter regeneration that will be ready for 2007 model year
vehicles. The company made the announcement during its appearance as an
exhibitor in the IAA Frankfurt Motor Show.
... |
| | | 09/07/05 | ArvinMeritor to Close Shock Absorber Operation in Pulaski, Tennessee| DETROIT, Sept. 7 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) announced
today its plans to close its Light Vehicle Systems (LVS) shock absorber
assembly operation in Pulaski, Tenn., U.S. The company will transfer a
portion of the production to its Detroit, Mich., U.S., and Toronto, Ont.,
Canada facilities, with remaining business being phased out by July 2006. The
company met with employees today to discuss the transfer and closure plans,
which will affect all 268 employees.
(L... |
| | | 09/06/05 | ArvinMeritor Announces Intention to Close Cleveland, Ohio, Parts Distribution Facility| Remains committed to the Euclid brand TROY, Mich., Sept 06, 2005 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) has
announced its decision, through a letter of intent, to close its Mayfield
Village (suburb of Cleveland), Ohio, commercial vehicle aftermarket
distribution facility to streamline its North American parts distribution
system. The closure is anticipated to be completed by June 2006.
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All 79 o... |
| | | 09/02/05 | ArvinMeritor Trailer Systems Manufacturing to Relocate to Current Braking Systems Facility in Cwmbran, Wales| WREXHAM, Wales, Sept. 2 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that its Commercial Vehicle Systems (CVS) trailer
systems (axle and suspension) manufacturing will relocate to the company's
current Braking Systems European manufacturing headquarters in Cwmbran, Wales.
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When ArvinMeritor opened consultations recently for the closure of trailer
axle manufacturing at its Wrexham plan... |
| | | 08/31/05 | ArvinMeritor Announces Exchange Offer for Up To $300 Million of Its 6.80% Senior Notes Due Feb. 15, 2009, and 7.125% Senior Notes Due March 15, 2009| TROY, Mich., Aug. 31 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced an offer to exchange a new series of Senior Notes
due Sept. 15, 2015 (the "New Notes") for up to $300 million of its outstanding
$499 million 6.80 percent Senior Notes due Feb. 15, 2009 (CUSIP No. 59000G AA
8), and $150 million 7.125 percent Senior Notes due March 15, 2009 (CUSIP No.
043339 CA 6) (the "Old Notes"). Consummation of the exchange offer is subject
to a number of conditions, including... |
| | | 08/29/05 | ArvinMeritor Forms Korean Emissions Joint Venture| New company addresses growing need for diesel emissions solutions
DETROIT, Aug. 29 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced the formation of a 50-50 joint venture between its Light Vehicle
Systems (LVS) business group and DongWon Precision Industrial Co., Ltd. The
joint venture, named AD Tech Co., Ltd., will initially supply diesel
particulate filters to light vehicle manufacturers in Korea facing stringent
diesel emissions reduction legislation. It will also ... |
| | | 07/28/05 | ArvinMeritor Reports Fiscal Year 2005 Third-Quarter Results| TROY, Mich., July 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its third fiscal quarter
ended June 30, 2005.
* Sales of $2.4 billion, up 15 percent from the same period last year
* Commercial Vehicle Systems (CVS) sales of $1.1 billion, up $256
million, or 30 percent, from last year's third quarter, with an operating
margin of 6.4 percent, up from 5.7 percent in the third quarter of the prior
year
* Income from co... |
| | | 07/27/05 | ArvinMeritor Names Aziz Aghili to Lead Commercial Marketing and Business Development for Light Vehicle Systems Asia/Pacific Operation| SHANGHAI, China, July 27 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
today announced that Aziz Aghili has been appointed vice president of
Commercial Marketing and Business Development for the company's Light Vehicle
Systems (LVS) Asia/Pacific operation. This new role is in addition to Aghili's
current vice president responsibilities for the LVS global procurement
organization. He will continue to report directly to Juan De La Riva, senior
vice president and president, LVS.
(Lo... |
| | | 07/21/05 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., July 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, payable September 12, 2005, to
holders of record at the close of business on August 22, 2005.
ArvinMeritor, Inc. is a premier $8 billion global supplier of a broad
range of integrated systems, modules and comp... |
| | | 07/14/05 | ArvinMeritor Changes Time of Conference Call and Web Cast to Discuss FY2005 Third-Quarter Earnings| TROY, Mich., July 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2005 third-quarter financial results on Thursday,
July 28, 2005, at 11:15 a.m. (ET). The call had previously been scheduled
for 11:00 a.m.
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the co... |
| | | 07/13/05 | Arvin Sango Receives Toyota Improvement Recognition| TROY, Mich., July 13 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced that its U.S. joint venture, Arvin Sango, Inc., received Toyota's
Breakthrough Supplier Quality Recognition for improved product quality and
increased efficiency at its Madison, Ind., exhaust assembly facility. During
a personal visit with employees on June 17, President of Toyota Motor
Manufacturing North America, Inc., Atsushi Niimi, and President of Toyota
Motor Manufacturing Canada, Inc., Ray Tanguay, ... |
| | | 07/01/05 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2005 Third-Quarter Earnings| TROY, Mich., July 1 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2005 third-quarter financial results on Thursday, Jul.
28, 2005, at 11:00 a.m. (ET).
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visitin... |
| | | 06/23/05 | ArvinMeritor Appoints Brian Casey to Lead Investor Relations| TROY, Mich., June 23, 2005 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Brian Casey, vice president and treasurer,
assumes the additional role of Investor Relations, effective immediately.
"We are delighted that Brian is taking leadership of the company's
Investor Relations function," said James Donlon, senior vice president and
chief financial officer. "Brian's extensive financial background, combined
with his strategic insight and operat... |
| | | 06/07/05 | ArvinMeritor Raises Third Quarter and Fiscal Year 2005 Guidance to Higher End of Earlier Projections| TROY, Mich., June 7 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it expects the company's earnings from
continuing operations for the third quarter of fiscal year 2005, ending June
30, to be at the higher end of the range forecasted in early May of $0.60 to
$0.70 per diluted share, before special items. In addition, the company now
expects its earnings for the full fiscal year to be at the higher end of the
previously forecasted range of $1.40 to $1.60 per... |
| | | 06/06/05 | ArvinMeritor Secures New Steel Wheel Business| DETROIT, June 6 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM)
today announced that its Light Vehicle Systems (LVS) business group was
awarded a new, multi-year, multi-platform $162 million steel wheel contract
with a North American OEM. The Fumagalli wheels, which range from 16 to 19.5
inches, will go into production at various phases beginning in January 2007.
The identity of the customer and terms of the contract were not disclosed.
(Logo: http://www.newscom.com/cgi-bi... |
| | | 06/06/05 | ArvinMeritor Wins New Multi-Panel Sunroof Systems Contract| DETROIT, June 6 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that its Light Vehicle Systems (LVS) business group has been
awarded a $32 million contract to provide multi-panel sunroof systems for a
European OEM, with initial production to begin in April 2007. The identity of
the customer and terms of the contract were not disclosed.
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"Earning this new business is the direct result of ou... |
| | | 06/02/05 | ArvinMeritor Launches New Electronic Door Control Module| SULLY-SUR-LOIRE, France, June 2 /PRNewswire-FirstCall/ -- ArvinMeritor,
Inc. (NYSE: ARM) announced today that its Light Vehicle Systems (LVS) business
group will begin production of the company's first Electronic Door Control
Module (EDCM) for a popular European passenger car that will launch in May
2006. The company plans to produce approximately 650,000 units per year.
"The launch of the Electronic Door Control Module into the market will
send a significant message to our custom... |
| | | 06/02/05 | ArvinMeritor Introduces Plastic Door Module| SULLY-SUR-LOIRE, France, June 2 /PRNewswire-FirstCall/ -- ArvinMeritor,
Inc. (NYSE: ARM) announced today that its Light Vehicle Systems (LVS) business
group has begun marketing its Highly-Integrated Plastic (HIP) door module to
customers as an alternative to traditional steel door carrier frames.
ArvinMeritor's HIP door module, made from a lightweight, high-strength plastic
composite, reduces the cost of the door module by integrating a number of
electrical and mechanical components into t... |
| | | 05/31/05 | ArvinMeritor Enters Brake Joint Venture with China's First Auto Works| Continues Expansion of Global Manufacturing Presence
with Key Chinese Vehicle Maker
TROY, Mich., May 31 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) has
announced the formation of a joint venture with First Auto Works (FAW) Sihuan
Axle Brake Group of Changchun, China. The joint venture expands
ArvinMeritor's capacity to produce commercial vehicle foundation air brakes,
specifically air disc brakes and automatic slack adjusters.
The formation has be... |
| | | 05/31/05 | ArvinMeritor Names Ivor J. Evans to the Board of Directors| TROY, Mich., May 31 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Ivor J. "Ike" Evans, retired vice chairman of
Union Pacific Corp. and Union Pacific Railroad, has been elected to the
ArvinMeritor Board of Directors, effective May 31.
"Ike's wealth of operations and management experience, which includes
extensive background in the automotive industry, will serve ArvinMeritor
well," said Chairman, CEO and President Charles G. "Chip" McClure. "We are
... |
| | | 05/30/05 | ArvinMeritor to Develop On-Demand Power Steering Systems| STUTTGART, Germany, May 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced plans for its Light Vehicle Systems (LVS) business
group to develop and commercialize a series of hydraulically-coupled, electric
power steering systems designed to outperform other electric power steering
(EPS) systems. ArvinMeritor made the announcement during its first European
appearance as an exhibitor at the annual Vehicle Dynamics Expo in Stuttgart.
"ArvinMeritor's plan to grow... |
| | | 05/30/05 | ArvinMeritor Light Vehicle Suspension Modules Unveiled in Europe| STUTTGART, Germany, May 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today unveiled the company's Light Vehicle Systems (LVS)
suspension module product portfolio for the first time in Europe. Until now,
ArvinMeritor -- which is the supplier of three different suspension modules
for the 2005 Jeep Grand Cherokee -- has principally focused its marketing
efforts on North America. Today's announcement was made from the company's
exhibit booth at the annual Vehicle Dynamics Expo... |
| | | 05/05/05 | ArvinMeritor Selected as Exhaust Product Supplier to Midas U.S. Locations through Agreement with AutoZone| TROY, Mich., May 5 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Aftermarket (LVA) business
group has been named as the supplier of exhaust products to more than 1,600
U.S. Midas shops, through an agreement with Memphis, Tenn.-based AutoZone.
Per the agreement, AutoZone will serve as the exclusively endorsed supplier of
Arvin-brand exhaust products to Midas. ArvinMeritor's LVA operations, based
in Loudon, Tenn., will supply the exhaust pro... |
| | | 05/03/05 | ArvinMeritor Reports Fiscal Year 2005 Second-Quarter Results and Provides Update on New Restructuring Program| TROY, Mich., May 3, 2005 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its second fiscal quarter
ended March 31, 2005.
Sales of $2.3 billion, up 14 percent from the same period last year.
Record Commercial Vehicle Systems (CVS) sales of $1,032 million, up
34 percent from the same period last year.
Net loss, including new restructuring and other special items, was
$33 million, or $0.48 per diluted... |
| | | 04/21/05 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., April 21 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, payable June 13, 2005, to
holders of record at the close of business on May 23, 2005.
ArvinMeritor, Inc. is a premier $8 billion global supplier of a broad
range of integrated systems, modules and components to the motor ... |
| | | 04/15/05 | Redesigned FreedomLine(TM) to Comply with Limited ITC Ruling| TROY, Mich., April 15 /PRNewswire-FirstCall/ -- ArvinMeritor (NYSE: ARM)
and ZF announced today that the order issued on April 7 by the International
Trade Commission (ITC), based on a complaint by Eaton Corporation, is limited
to automated mechanical transmissions which infringe upon Claim 15 of the '279
patent. "Claim 15 pertains to a non-critical aspect of the transmission,
which is not integral to its operation," said Tom Gosnell, president of
Commercial Vehicle Systems for ArvinMerit... |
| | | 04/05/05 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2005 Second-Quarter Earnings| TROY, Mich., April 5 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2005 second-quarter financial results on Tuesday, May 3,
2005, at 9:00 a.m. (ET).
To participate, call 617-786-4511 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting ht... |
| | | 03/30/05 | ArvinMeritor Pursues First Unique, Specialty Vehicle Drivetrain Development with Unicell Ltd.| Expanding the Company's Horizons into Alternative-Fueled Vehicles
LOUISVILLE, Ky., March 30 /PRNewswire-FirstCall/ -- ArvinMeritor Inc.
(NYSE: ARM) has entered into a new alternative-power vehicle development
program -- with an electric drivetrain -- with Unicell Ltd., a medium-duty
body builder with operations in Toronto, Ontario, and Buffalo, N.Y. The new
electric drive vehicle, with a GVWR of 16,000 lbs., will be equipped with a
fully-electric drivetrain and will be demonstrated ... |
| | | 03/28/05 | ArvinMeritor Appoints James Donlon Chief Financial Officer| Sachdev to lead corporate strategy
TROY, Mich., March 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that James Donlon has been named to the position
of senior vice president and chief financial officer, effective April 1, 2005.
In this position, Donlon will drive ArvinMeritor's financial performance, as
well as provide comprehensive financial direction and guidance to the
corporation.
Rakesh Sachdev, vice president and controller, who has been r... |
| | | 03/21/05 | ArvinMeritor CEO Named World Trader of the Year| Promotes Free Trade to Boost Global Economy
TROY, Mich., March 21 /PRNewswire/ -- Global corporations must continue to
push for free trade around the world as the best way to help propel continued
economic growth, Charles G. "Chip" McClure, chairman, CEO and president of
ArvinMeritor, Inc. (NYSE: ARM), said in a speech delivered Friday to the
Detroit Regional Chamber.
The Chamber honored McClure as its World Trader of the Year at its
International Consular Ball. The award i... |
| | | 03/14/05 | Meritor WABCO Introduces ABS-Based Electronic Stability Control System| TROY, Mich., March 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- Meritor WABCO Vehicle
Control Systems announced today its new Electronic Stability Control (ESC) for
truck/tractor applications, founded on the company's existing E-version
anti-lock braking system (ABS). The ESC system will be available beginning
May 2005 and builds upon the already-established Roll Stability Control (RSC)
system currently operating on more than 10,000 commercial vehicles across
North America.
"ESC e... |
| | | 03/14/05 | ArvinMeritor and Meritor WABCO Launch New Medium-Duty Hydraulic ABS/Disc Brake Package for Unprecedented Stopping Power| TROY, Mich., March 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) and Meritor WABCO Vehicle Control Systems announced today their
new Premium Hydraulic Braking System for medium-duty truck and bus
applications. The package includes Meritor WABCO's Hydraulic Power Brake
(HPB) -- the next-generation of its hydraulic actuation and anti-lock braking
system (ABS), and the Meritor(R) Quadraulic(TM) hydraulic disc brake.
Combined, these two brake technologies offer ... |
| | | 03/07/05 | Meet Marty Stone, Professional Angler, Purolator Team| Purolator(R), a brand of ArvinMeritor, Inc., has announced on Wednesday,
March 9, 2005, Marty Stone, professional angler, who is part of Team Purolator
in the BASS circuit, and is from nearby Linden, NC, will be at the
Fayetteville Purolator plant to sign autographs and "show off some skills."
There will be plant tours and the Purolator boat and truck will be on display.
Stone was the 2004 Florida CITGO BASSMASTER Tour Pro and finished 9th in
the 2004 CITGO BASSMASTER Classic. Sin... |
| | | 02/25/05 | ArvinMeritor's Jerry Rush Named President of Michigan's Automation Alley| TROY, Mich., Feb. 25 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that Jerry Rush, senior director for the company's Government
Affairs and Community Relations, has been named president of Michigan's
Automation Alley. During his two-year term, Rush will preside over the
Automation Alley Board of Directors and have oversight responsibilities for
the executive committee.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"It's an honor and a priv... |
| | | 02/16/05 | ArvinMeritor Holds Its Annual Shareowners Meeting| TROY, Mich., Feb 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today held its annual shareowners meeting in Troy, Mich.
At the meeting, shareowners voted to elect Joseph P. Flannery, William D.
George Jr., Charles H. Harff, Steven G. Rothmeier and Andrew J. Schindler to
the Board of Directors for terms expiring in 2008. They also voted Richard W.
Hanselman to the Board of Directors for a term expiring in 2006. In addition,
the shareowners approved the s... |
| | | 02/16/05 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Feb. 16 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., resolved that a quarterly dividend of $0.10 per
share be, and it hereby is, declared on the outstanding Common Stock, payable
Mar. 14, 2005, to holders of such stock of record at the close of business on
Feb. 28, 2005.
ArvinMeritor, Inc. is a premier $8 billion global supplier of a broad
range of integrated systems, mo... |
| | | 01/31/05 | ArvinMeritor Reports Fiscal Year 2005 First-Quarter Results| TROY, Mich., Jan 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported financial results for its first fiscal quarter,
ended Dec. 31, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
* Sales of $2.1 billion, up nine percent from the same period last year
* Commercial Vehicle Systems (CVS) sales and operating profit up 32
percent and 19 percent, respectively, from the same period last year
* Net income ... |
| | | 01/28/05 | ArvinMeritor Awarded Contract to Supply Drum Brakes to Mack Trucks, Inc.| TROY, Mich., Jan. 28 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today its Commercial Vehicle Systems (CVS) business group has been
awarded a major three-year supply contract to supply its Meritor(R) Q Plus(TM)
cam brakes to Mack Trucks, Inc.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
Meritor Q Plus brakes will continue to be standard equipment on all Mack
vehicles. Introduced in 1991, the Q Plus is the industry's most popular air
brake, and... |
| | | 01/28/05 | ArvinMeritor Awarded Contract to Supply Drum Brakes to Volvo Trucks North America| TROY, Mich., Jan. 28 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today its Commercial Vehicle Systems (CVS) business group has been
awarded a major three-year supply contract to supply its Meritor(R) Q Plus(TM)
cam brakes to Volvo Trucks North America, Inc.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
Meritor Q Plus brakes will continue to be standard equipment on all Volvo
trucks in North America. Introduced in 1991, the Q Plus is the industry... |
| | | 01/14/05 | Update/Time Change: ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2005 First-Quarter Earnings| TROY, Mich., Jan 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2005 first-quarter financial results on Monday, Jan. 31,
2005, at 9:00 a.m. (ET). Note: This is a change from the previously reported
time of 11:00 a.m.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Plea... |
| | | 01/12/05 | ArvinMeritor Unveils Web-Based Product Locator for Light Vehicle Technologies| Invites Auto Show Visitors to Look for Supplier's Content on 2005 Models
TROY, Mich., Jan. 12 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today unveiled a Web-based vehicle content locator application for
its Light Vehicle Systems (LVS) business group product portfolio. The
application appears on http://www.arvinmeritor.com , and visitors to the site
can search by vehicle, manufacturer, product line, model year and market
served. The announcement comes in time to help ... |
| | | 01/05/05 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2005 First-Quarter Earnings| TROY, Mich., Jan. 5 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2005 first-quarter financial results on Monday, Jan. 31,
2005, at 11:00 a.m. (ET).
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the confer... |
| | | 12/09/04 | ArvinMeritor to Sell Non-Core Automotive Stampings and Components Manufacturing Business| TROY, Mich., Dec. 9 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it has sold its Light Vehicle Systems (LVS)
Columbus, Ind., automotive stampings and components manufacturing operation to
privately-owned Columbus Components Group (CCG), LLC. The terms of the
transaction were not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"ArvinMeritor is committed to rationalizing its operations so it can focus
on its core auto... |
| | | 12/03/04 | ArvinMeritor to Host Conference Call and Web Cast of Investor Presentation, Dec. 6, 2004| TROY, Mich., Dec 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor Inc.
(NYSE: ARM) will host a listen-only conference call and web cast of an
Investor Presentation on Monday, Dec. 6, 2004, between 11:30 a.m. and
1:00 p.m. (ET). The presentation will discuss ArvinMeritor's business
strategies for fiscal year 2005 and beyond. Presenting will be:
* Chip McClure, Chairman and Chief Executive Officer
* Rakesh Sachdev, Vice President and Controller
To participate, call ... |
| | | 11/24/04 | ArvinMeritor Announces Sale of Coil Coating Business to Willis Stein & Partners| TROY, Mich., Nov 24, 2004 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it has sold Roll Coater, Inc., a wholly owned
subsidiary, to an affiliate of Willis Stein & Partners. The cash purchase
price of the stock transaction is approximately $162.5 million. National City
acted as the financial advisor to ArvinMeritor for this transaction.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
Roll Coater is a leader in the coil co... |
| | | 11/15/04 | ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2004 Results| TROY, Mich., Nov. 15 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported sales of $2.0 billion and income from continuing
operations of $30 million, or $0.44 per diluted share, for its fourth fiscal
quarter ended Sept. 30, 2004, compared to last year's fourth-quarter income
from continuing operations of $26 million, or $0.38 per diluted share.
As previously announced, the company plans to divest its Light Vehicle
Aftermarket (LVA) and Roll Coater businesses and, a... |
| | | 11/15/04 | ArvinMeritor Announces New Chassis Axle Package for Intermodal Applications| SAN ANTONIO, Nov 15, 2004 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today, in conjunction with the International Intermodal Expo, its
new ChassiPak(TM) chassis axle package for the intermodal transport industry.
The package will be available beginning January 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
As the intermodal industry prepares for more stringent federal
regulations, the ChassiPak will support fleets in meeting the new s... |
| | | 11/11/04 | ArvinMeritor Names Steven G. Rothmeier and Andrew J. Schindler to the Board of Directors| TROY, Mich., Nov. 11 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM) today
announced that Steven G. Rothmeier, chairman and CEO of Great Northern
Capital, and Andrew J. Schindler, chairman of Reynolds American Inc., have
been elected to the ArvinMeritor Board of Directors, effective Nov. 11, 2004.
The announcement was made following a company Board meeting.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"Both of these individuals bring a wealth of solid business... |
| | | 11/11/04 | ArvinMeritor Announces Its Annual Shareowners Meeting| TROY, Mich., Nov. 11 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) board of directors today announced that its annual shareowners'
meeting will be held on Wednesday, Feb. 16, 2005, at 2:00 p.m. (Eastern
Standard Time) at their Troy, Mich. headquarters. Shareowners of record at
the close of business on Dec. 10, 2004, will be entitled to notice of and, to
vote at the annual meeting.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
ArvinMeritor, In... |
| | | 11/11/04 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Nov. 11 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, Inc., payable Dec. 13, 2004, to
shareowners of record at the close of business on Nov. 29, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
ArvinMeritor, Inc. is a premier $8 billion global suppli... |
| | | 10/28/04 | ArvinMeritor Announces Plans to Divest Light Vehicle Aftermarket and Coil Coating Businesses| Company to focus resources to better support global OEM customers
TROY, Mich., Oct. 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced its plans to divest the company's Light Vehicle
Aftermarket (LVA) business group and to take a non-cash goodwill impairment
charge of $190 million, or $2.77 per diluted share, in its LVA business in the
fiscal fourth quarter of 2004. In addition, the company announced its plan to
divest its Roll Coater coil coating business, ... |
| | | 10/27/04 | ArvinMeritor's Purolator Brand Awards BASS Tournament Boat & Truck To One Lucky Winner| WHO: Purolator, a primary national brand of ArvinMeritor, Inc., is the
premier sponsor of BASSMaster, the worldwide authority on bass fishing.
WHAT: Photo opportunity to view the grand prize giveaway of the new
Purolator BASS tournament boat and truck. Event hosted by Dan Daniel,
president of Light Vehicle Aftermarket.
WHEN: Tuesday, Nov. 2nd, 2004
11:00 a.m.
WHERE: Venetian Hotel
Ballroom Restaurant - Rooms F & K
3355 Las ... |
| | | 10/21/04 | ArvinMeritor Light Vehicle Aftermarket Signs Distribution Arrangement with Jiffy Lube International| Manufacturer Takes On New Role as Distributor to 419 Service Centers
BRENTWOOD, Tenn., Oct. 21 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
today announced that its Light Vehicle Aftermarket (LVA) business group, a
manufacturer of automotive aftermarket products, has been selected to become a
distributor of LVA products for 419 Jiffy Lube company-owned service centers.
The three-year contract will take effect on Nov. 1, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/200105... |
| | | 10/04/04 | ArvinMeritor Establishes SCR Emissions Systems Production in Roermond, The Netherlands| Provides key diesel emissions technology to commercial vehicle customers
ROERMOND, The Netherlands, Oct. 4 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced that it has established a commercial vehicle Selective
Catalytic Reduction/muffler system (SCR) production manufacturing cell at its
Roermond facility in The Netherlands.
The Roermond site previously had been solely dedicated to manufacturing
products for the company's Light Vehicle Systems (LVS) business group a... |
| | | 09/29/04 | ArvinMeritor Earns Top Honors for Creativity in Marketing and Advertising in Automotive Aftermarket Awards Competition| TROY, Mich., Sept. 29 /PRNewswire/ -- ArvinMeritor, Inc.'s (NYSE: ARM)
Light Vehicle Aftermarket (LVA) business has earned top honors in the 10th
Annual Aftermarket Global Design Awards competition. Sponsored by the
Automotive Communications Council (ACC) and Aftermarket Business magazine, the
Aftermarket Global Design Awards recognize innovative ideas, creativity and
high-quality marketing advertising. Awards are presented in six categories --
print advertising, merchandising/display, p... |
| | | 09/28/04 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2004 Fourth-Quarter Earnings| TROY, Mich., Sep 28, 2004 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call and Web cast to discuss the
company's fiscal year 2004 fourth-quarter financial results on Monday,
Nov. 15, 2004, at 11:00 a.m. (ET).
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording ... |
| | | 09/28/04 | ArvinMeritor's Latest Vehicle Emissions Technologies Could Accelerate the Road to Fuel Cells| DEARBORN, Mich., Sept. 28 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
has developed technology that could bridge the gap between today's internal
combustion engines and the promising future of fuel cells, accelerating by
many years immense benefits in fuel economy, according to Pedro Ferro,
ArvinMeritor vice president and general manager, Commercial Vehicle Systems.
Ferro made his comments today as a panel participant of the Global Powertrain
Conference in Dearborn.
ArvinMerito... |
| | | 09/20/04 | ArvinMeritor's Bill Taylor Named One of Technology Review's Young Innovators of the Year| Team Support Instrumental in Achieving this Honor TROY, Mich., Sep 20, 2004 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that Bill Taylor, director of Research and Development for
Commercial Vehicle Emissions (CVE), was named a recipient of the 2004 Top 100
Young Innovators award given by Technology Review, MIT's Magazine of
Innovation. The annual award recognizes 100 individuals under age 35 whose
innovative work in technology has a profound impact on today's... |
| | | 09/15/04 | ArvinMeritor Enters Two Axle Joint Ventures with Volvo| Continues Expansion of Global Manufacturing Presence
with Key Global Vehicle Maker
TROY, Mich., Sept. 15 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) has announced the formation of two joint ventures with the Volvo
Group. The joint ventures expand ArvinMeritor's capacity to produce
commercial vehicle drive axles. The formation has been approved by both
companies' boards and is pending normal governmental approvals.
Volvo is one of the wo... |
| | | 09/14/04 | ArvinMeritor Wins BMW X5 Successor Exhaust System Business| TROY, Mich., Sept. 14 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Systems (LVS) business
group has been awarded the design and engineering of the exhaust systems and
manifold for BMW's X5 successor. The vehicle will be built in Spartanburg,
S.C., with production beginning in October 2006.
"As our European customers continue to bring manufacturing to North
America, we are ready to support them with our globally strong, engineering... |
| | | 09/08/04 | ArvinMeritor Institutes Search for New CFO| Soderstrom Elects Early Retirement
TROY, Mich., Sept. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that, by mutual agreement, Carl Soderstrom has
elected to take early retirement from his position as senior vice president
and chief financial officer (CFO), and will leave the company at the end of
the year. Soderstrom will work in his current capacity with Chairman, CEO and
President Charles G. "Chip" McClure until a replacement is found and will
assist... |
| | | 09/08/04 | ArvinMeritor Expands in Eastern Europe with Dedication of New Poland Plant| POZNAN, Poland, Sept. 8 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
unveiled a new Light Vehicle Systems (LVS) Customer Value Center (CVC) in
Swarzedz, Poland, today with a dedication ceremony for customers, government
officials and the media. The new 1,000-square-meter CVC will serve as final
assembler of more than 200,000 door modules a year for the Volkswagen Caddy,
which will be produced in Poznan, Poland.
"We are proud to dedicate this facility as a demonstration of
Arvin... |
| | | 08/27/04 | ArvinMeritor Files Lawsuit over Transmission Patent Infringement by Eaton Corp.| TROY, Mich., Aug. 27 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) has
filed a lawsuit in Charlotte, N.C., Federal Court against Eaton Corp. for
infringement over a transmission patent. The patent covers an ArvinMeritor
transmission automation technology, which was developed for the ArvinMeritor
ESS transmission, a model that has been superceded by higher technology.
ArvinMeritor seeks an injunction to stop the sale of Eaton Transmission models
UltraShift and AutoShift, which use this te... |
| | | 08/26/04 | ArvinMeritor and Raydan Manufacturing Enter into Licensing Agreement for Vocational Suspensions| TROY, Mich., Aug. 26 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
Commercial Vehicle Systems (CVS) business group announces the signing of a
licensing agreement with Raydan Manufacturing Inc., Alberta, Canada, for the
patented Air Link(TM)(1) rear tandem suspension product line. This exclusive
agreement begins a long-term global collaboration between the two companies
authorizing ArvinMeritor to market, engineer and manufacture the Air Link rear
suspension product line, up to and includ... |
| | | 08/09/04 | ArvinMeritor and STEC Form Sunroof Joint Venture in China| TROY, Mich., Aug. 9 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today the formation of a 50-50 joint venture between its
Light Vehicle Systems (LVS) business group and Shanghai SIIC Transportation
Electronic Company, Ltd. (STEC). The joint venture, named Shanghai
ArvinMeritor Automotive Parts Company, Ltd., will manufacture passenger
vehicle sunroofs for Shanghai Volkswagen at a facility in Shanghai.
"This partnership increases ArvinMeritor's global roof sys... |
| | | 08/03/04 | ArvinMeritor Announces Changes to Retiree Healthcare Coverage| TROY, Mich., Aug. 3 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it will make changes to its retiree
healthcare coverage. Beginning in April 2005, retirees under age 65, who now
pay a portion of the cost for their coverage, will be asked to contribute an
increased share each year. In addition, coincident with the expanded Medicare
benefits that will be available Jan. 1, 2006, under the Medicare Reform Act of
2003, retirees age 65 and older will have acces... |
| | | 07/28/04 | ArvinMeritor Reports Fiscal Year 2004 Third-Quarter Results| TROY, Mich., July 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported record sales of $2.4 billion and net income of $53
million, or $0.77 per diluted share, for its third fiscal quarter ended June
30, 2004, compared to the prior fiscal year's third-quarter net income of $47
million, or $0.69 per diluted share.
Sales increased $279 million, or 13 percent, from the prior year's third
quarter. On a constant currency basis, sales would have been up approximatel... |
| | | 07/22/04 | ArvinMeritor Announces Charles G. McClure as Chairman, CEO and President| TROY, Mich., July 22 /PRNewswire-FirstCall/ -- The Board of Directors of
ArvinMeritor, Inc. (NYSE: ARM) today announced that it has named Charles G.
"Chip" McClure chairman, chief executive officer and president, effective Aug.
9, 2004. McClure, who has been president, chief executive officer and a
member of the Board of Directors of Federal-Mogul Corporation, succeeds Larry
Yost, who is retiring from the company.
"Chip McClure has the leadership skills, international experience,
i... |
| | | 07/21/04 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Jul 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, Inc., payable Sept. 13, 2004,
to shareowners of record at the close of business on Aug. 23 2004.
ArvinMeritor, Inc. is a premier $8-billion global supplier of a broad
range of integrated systems, modules and ... |
| | | 06/29/04 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2004 Third-Quarter Earnings| TROY, Mich., June 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call to discuss the company's
fiscal year 2004 third-quarter financial results on Wednesday, July 28, 2004,
at 10:00 a.m. (ET).
To participate, call (706) 643-7449 10 minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting http://www... |
| | | 06/11/04 | ArvinMeritor Transfers World-Class Light Vehicle Emissions Technologies to Create Advanced Diesel Emissions Solutions for Commercial Vehicles| Clean Air Solutions promise significant opportunities for business growth
TROY, Mich., June 11 /PRNewswire/ -- At a press briefing today,
ArvinMeritor, Inc. (NYSE: ARM) unveiled a suite of Clean Air Solutions
technologies and products designed to help commercial vehicles meet the
increasingly stringent emissions regulations in the United States and Europe.
These advanced technologies are the direct result of migrating the company's
extensive experience and expertise in light vehicle ... |
| | | 06/11/04 | ArvinMeritor's New Suite of Clean Air Solutions Meet Stringent New Emissions Standards| Advanced technologies help fleet operators, OEMs
and engine makers face challenges
TROY, Mich., June 11 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
introduced a broad portfolio of innovative Clean Air Solutions to help North
American fleet operators and original equipment manufacturers (OEMs) face
strict new emission standards scheduled to take effect in 2007 and 2010. The
global automotive supplier, with more than 90 years of design, manufacturing
an... |
| | | 06/11/04 | ArvinMeritor's Clean Air Solutions Provide Technologies Tailored to Address Commercial Vehicle Emissions Challenges| TROY, Mich., June 11 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
unveiled its suite of Clean Air Solutions that will provide commercial truck
and bus original equipment manufacturers (OEMs) with a number of technologies
and products to address vehicle emissions challenges. OEMs will now be able
to select the solution that best suits their individual needs.
ArvinMeritor's proven competencies of thermal management and exhaust
system design, packaging and durability are a co... |
| | | 06/11/04 | ArvinMeritor Receives $1.7 Million Grant from Indiana to Develop Exhaust Emissions Technology| TROY, Mich., June 11 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced that it has received a $1.7 million grant from the Indiana 21st
Century Research and Development Fund. The grant will assist in the
development of the company's breakthrough Plasma Fuel Reformer exhaust
emissions technology, which is being developed at the company's Columbus,
Ind., Emissions Technical Center. Purdue University will collaborate with
ArvinMeritor to improve fuel spray mixing and combustion ... |
| | | 06/11/04 | ArvinMeritor Celebrates a Heritage of Developing Breakthrough Clean Air Solutions| June marks the fortieth anniversary of the
development anniversary of the catalytic converter
TROY, Mich., June 11 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
celebrates 40 years of providing innovative, effective clean air solutions to
the transportation industry this month.
The Beatles were wowing America on the Ed Sullivan Show. Martin Luther
King was being awarded the Nobel Peace Prize. And the first Ford Mustang was
about to roll down the lines in Dea... |
| | | 06/11/04 | Breakthrough ArvinMeritor Technology Promises Revolutionary Approach to Extensive Exhaust Emissions Regulation Changes| Lab tests indicate 50 percent better fuel consumption
than competing technologies
TROY, Mich., June 11 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
unveiled its Plasma Fuel Reformer, a breakthrough exhaust emissions technology
that could revolutionize the way commercial and light vehicle manufacturers
meet the upcoming 2010 diesel engine emission standards. ArvinMeritor's
Plasma Fuel Reformer produces a hydrogen-rich gas from the diesel or gasoline
... |
| | | 06/10/04 | ArvinMeritor and Axle Alliance Company Sign Memorandum of Understanding| TROY, Mich., June 10 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it has signed a memorandum of understanding with Axle
Alliance Co. (AAC), a subsidiary of DaimlerChrysler (DCX) headquartered in
Detroit, Mich. Under the terms of the proposed long-term agreement,
ArvinMeritor would become the turnkey supplier in providing heavy-duty tandem
rear drive axles to AAC, ultimately for Freightliner's North American Class 8
truck assembly operations.
Implementation ... |
| | | 06/10/04 | ArvinMeritor Invites the Media to Attend the: 'Clean Air Solutions Technical Media Reception'| What: ArvinMeritor senior management will present the company's Clean Air
Solutions Technologies for cars and trucks, and demonstrate milestone
solutions that will improve air quality. Press Briefing at 9 a.m. on Friday,
June 11 at ArvinMeritor headquarters.
When: Thursday, June 10, 2004
6:45 p.m.
Where: Cranbrook Academy Collonade
39221 Woodward Avenue (Main Entrance)
Bloomfield Hills, MI
Who: Larry Yost, Chairman and CEO
... |
| | | 06/09/04 | ArvinMeritor Invites the Media to Attend the: 'Clean Air Solutions Technical Media Briefing'| What: Larry Yost, ArvinMeritor chairman and CEO, and other senior
management will present ArvinMeritor's Clean Air Solutions Technologies for
cars and trucks, and demonstrate milestone solutions that will improve air
quality and change how we build cars and trucks -- now and in the future.
When: Friday, June 11, 2004
8:15 a.m. until noon
8:15 Continental breakfast
8:45 Welcome
Noon Adjourn
Where: ... |
| | | 06/08/04 | ArvinMeritor Dedicates New Detroit Technology Center| Facility brings the latest in light vehicle technology to North America
TROY, Mich., June 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) dedicated its new $40 million Light Vehicle Systems (LVS)
technology center in southwest Detroit, Mich., today with a festive ribbon-
cutting ceremony that included the Honorable Jennifer Granholm, Governor of
the State of Michigan; the Honorable Kwame Kilpatrick, Mayor of the City of
Detroit, and Detroit Public Schools CEO, Dr. Ken Burn... |
| | | 06/07/04 | Purolator(R) Boat & Truck On Display June 9 in Nashville| Purolator(R), a brand of ArvinMeritor, Inc., has announced an exciting new
partnership with BASS(R), the country's largest organization of outdoor
enthusiasts. As a premier sponsor, supplying Purolator, the official filter
of BASS, the CITGO Bassmaster Tournament Trail and the CITGO Bassmaster
Classic, ArvinMeritor joins a list of prestigious companies supporting the
exploding sport of fishing.
You've seen it on TV, now see it in the parking lot of the Nashville Pep
Boys Auto on ... |
| | | 06/01/04 | ArvinMeritor Invites the Media to the Dedication of Its New Detroit Technology Center| WHAT: ArvinMeritor, a premier $8-billion automotive supplier to the
global transportation industry, is hosting a ribbon-cutting ceremony to
dedicate its new Detroit Technology Center on June 8.
At the event, ArvinMeritor Chairman and CEO, Larry Yost will offer
celebratory remarks to attending employees and customers, as well as civic
leaders. The Honorable Kwame Kilpatrick, Mayor of the City of Detroit and
Detroit Public Schools CEO Dr. Ken Burnley will also make remarks. The
H... |
| | | 05/10/04 | ArvinMeritor Prevails in Transmission Technology Dispute| TROY, Mich., May 10 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that the U.S. Patent Board of Appeals and Patent Interferences
has issued judgment in ArvinMeritor's favor against Eaton Corporation on all
claims in two related transmission patent interferences. An interference is a
court-like proceeding in the Patent Office to determine who was first to make
an invention. Under U.S. law, the first to invent is deemed the owner of the
patent. The decision was rendered o... |
| | | 05/04/04 | ArvinMeritor and Gillig to Collaborate on Emissions Reducing Technologies| TROY, Mich., May 4 /PRNewswire/ -- ArvinMeritor's Commercial Vehicle
Systems business today announced plans with Gillig Corporation, one of North
America's largest producers of transit buses, based in Hayward, Calif., to
collaborate on new emission control technologies for the North American
transit bus industry. The announcement was made at the American Public
Transit Association Bus & Paratransit Conference in Denver, CO.
Through the partnership, the two companies will first int... |
| | | 05/03/04 | ArvinMeritor Announces Agreement to Sell Kenton, Ohio, Facility| TROY, Mich., May 3 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it has signed a definitive agreement to sell its
Commercial Vehicle Systems (CVS) Kenton, Ohio, facility to a subsidiary of
Sypris Solutions, Inc., which is headquartered in Louisville, Ky.
The divestiture of this facility will enable ArvinMeritor to concentrate
on its core processes for the design and assembly of complete systems --
consisting of axles, brakes, suspensions, tire inflation and ri... |
| | | 04/26/04 | Correction -- ArvinMeritor Reports Fiscal Year 2004 Second-Quarter Results| Correction -- ArvinMeritor, Inc. Monday April 26, 3:35 pm ET
In the news release, ArvinMeritor (NYSE: ARM) Reports Fiscal Year 2004 Second-Quarter Results, issued Friday, April 23, by ArvinMeritor, Inc. over PR Newswire, the SUMMARY CONSOLIDATED BALANCE SHEET was incorrectly transmitted by PR Newswire. It should read: ARVINMERITOR, INC. SUMMARY CONSOLIDATED BALANCE SHEET (In millions) March 31, September 30, 2004 2003 (Unaudited) ASSETS Cash $119 $103 Receivable... |
| | | 04/21/04 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., April 21 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today at corporate
headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10)
per share on the common stock of ArvinMeritor, Inc., payable June 14, 2004, to
shareowners of record at the close of business on May 24, 2004.
ArvinMeritor, Inc. is a premier $8-billion global supplier of a broad
range of integrated systems, modules and components to ... |
| | | 04/21/04 | ArvinMeritor Names David W. Devonshire to the Board of Directors, Effective July 22, 2004| TROY, Mich., Apr 21, 2004 /PRNewswire via COMTEX/ -- ArvinMeritor Inc. (NYSE: ARM) today
announced that David W. Devonshire, executive vice president and chief
financial officer for Motorola, Inc., has been elected to the ArvinMeritor
Board of Directors, effective July 22, 2004. The announcement was made
following the company's Board meeting, held at corporate headquarters in Troy,
Mich. Motorola is a global leader in providing integrated communications and
embedded electronic solutions.... |
| | | 03/31/04 | ArvinMeritor Wins New Contract to Provide Large Roof-Opening System| TROY, Mich., March 31 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that its Light Vehicle Systems (LVS) business group has been
awarded another new, multi-year, $90 million contract to provide a large-
opening, three-panel sunroof with a European OEM. Production begins in
November 2006. The identity of the customer and terms of the contract were not
disclosed.
"We are experiencing an increase in demand for the company's large roof-
opening systems, as consumers ... |
| | | 03/26/04 | ArvinMeritor Hosts Conference Call and Web Cast to Discuss FY2004 Second-Quarter Earnings| TROY, Mich., March 26 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) will
host a telephone conference call to discuss the company's fiscal year 2004
second-quarter financial results on Friday, Apr. 23, 2004, at 11:00 a.m. (ET).
To participate, call (706) 643-7449 10 minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting www.arvinmeritor.com .... |
| | | 03/24/04 | ArvinMeritor to Provide SCR Emissions Systems on IVECO Trucks| LOUISVILLE, Ky., March 24 /PRNewswire/ -- ArvinMeritor, Inc.'s (NYSE: ARM)
Commercial Vehicle Systems group announced today that its Selective Catalytic
Reduction/silencer (SCR) unit will be standard on IVECO's heavy-duty Cursor
series, which includes 28,000 trucks and specialty vehicles per year.
The SCR system meets the NOx reduction requirements established for Euro
IV (2005), and potentially Euro V (2008) emission regulations.
Since 2002, ArvinMeritor has supplied 30,000 ... |
| | | 03/24/04 | ArvinMeritor Announces Evolution of Trailer Air Suspension System - The RideStar(R) RXP| LOUISVILLE, Ky., March 24 /PRNewswire/ -- ArvinMeritor's (NYSE: ARM)
Commercial Vehicle Systems business today announced a new development in its
best-selling RideStar(R) RHP trailer air suspension system here at the Mid-
America Trucking Show. The evolutionary RideStar RXP trailer air suspension
combines all of the premium, sought-after features of the current RideStar RHP
trailer air suspension with extra durability and convenience, while satisfying
the needs of weight-sensitive custome... |
| | | 03/24/04 | ArvinMeritor's Complete Braking System Continues to Lead the Way for Customers| LOUISVILLE, Ky., March 24 /PRNewswire/ -. ArvinMeritor, Inc. (NYSE: ARM)
announced here today at the Mid-America Trucking Show that its Complete
Braking System, provided jointly with Meritor WABCO, continues to gain
customer acceptance with the introduction of several new products.
"With the potential stopping-distance regulation change, the ever-growing
need for added safety on the road and the desire for lower vehicle operating
costs, more fleets and truck operators are seeing th... |
| | | 03/23/04 | ArvinMeritor to Produce Trailer Axles for TotalTrailers-Fruehauf Group| BIRMINGHAM, England, March 23 /PRNewswire/ -- ArvinMeritor, Inc.'s
(NYSE: ARM) Commercial Vehicle Systems (CVS) business group today announced
that it will provide trailer axle and suspension systems to the Spanish based
TotalTrailers-Fruehauf Group.
The supply contract is valued at $6.0 million annually and will cover a
full range of products including the market leading, lowest cost of ownership,
ELSA 2 Disc brake. The supply contract covers the complete line of trailer
platfor... |
| | | 03/23/04 | ArvinMeritor Gains Long Term Supply Agreement With Transrent| BIRMINGHAM, England, March 23 /PRNewswire/ -- ArvinMeritor, Inc.'s
(NYSE: ARM) Commercial Vehicle Systems (CVS) business group today announced
that it will provide trailer axles to be used on trailers ordered by
Transrent.
The contract is based on a long term agreement centered on a unique
product support package offered to Transrent by ROR, the European Trailer
Systems manufacturing arm of ArvinMeritor. The package is based on the unique
RORcare.com web based system that offers ... |
| | | 03/23/04 | ArvinMeritor Forms Product Promotion Agreement With TTT the Team Technology Gmbh| BIRMINGHAM, England, March 23 /PRNewswire/ -- ArvinMeritor, Inc.'s
(NYSE: ARM) Commercial Vehicle Systems (CVS) business group today announced
its agreement to partner with TTT the Team Technology based in Hamburg,
Germany at the Birmingham Commercial Vehicle Show.
The alliance allows TTT to promote ArvinMeritor's complete range of ROR
Trailer Products within Germany. ROR provides thirty years of axle, brake and
suspension experience to produce a harmonized trailer system.
... |
| | | 03/23/04 | ArvinMeritor to Supply Trailer Systems to Shenzhen CIMC Heavy Industries Co., Ltd.| BIRMINGHAM, England, March 23 /PRNewswire/ -- ArvinMeritor, Inc.'s
(NYSE: ARM) Commercial Vehicle Systems (CVS) business group today announced it
has signed a strategic alliance agreement with Shenzhen CIMC Heavy Industries
Co., Ltd. (SCHI) located in Shenzhen, China, to supply trailer systems.
Announced at the Birmingham Commercial Vehicle Show in Birmingham, U.K.,
the contract includes the delivery of 20,000 trailer axles per year. The
agreement begins a five-year long-term glob... |
| | | 03/22/04 | ArvinMeritor Wins Shingo Prize for Lean Manufacturing Practices| TROY, Mich., March 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Systems (LVS) Gladstone
Avenue exhaust manufacturing plant in Columbus, Ind., is a 2004 recipient of
the coveted Shingo Prize for Excellence in Manufacturing.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"Receiving the Shingo Prize is a great honor and a testament to the
company's continuous improvement culture. That culture is inspiring our
... |
| | | 03/18/04 | ArvinMeritor Wins New Roof Module Business| TROY, Mich., March 18 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Systems (LVS) business
group has been awarded a new, multi-year, $75 million contract for a large,
roof-opening module with an European OEM. Production will begin in November
2006. The identity of the customer and terms of the contract were not
disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"This award signifies a growing market d... |
| | | 03/16/04 | ArvinMeritor Announces $150 Million Suspension Module Contract| TROY, Mich., March 16 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that its Light Vehicle Systems (LVS) business group was
awarded a multi-year, $150 million contract for a front, upper-corner
suspension module for a new light vehicle pickup truck. The contract also
includes rear suspension components. Production is scheduled to begin in July
2005. The identity of the customer and terms of the contract were not
disclosed.
"This new business win, on the heels o... |
| | | 02/18/04 | ArvinMeritor Holds Its Annual Shareowners Meeting| TROY, Mich., Feb. 18 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today held its annual shareowners meeting in Tampa, Fla.
At the meeting, shareowners voted to elect Rhonda L. Brooks, William R.
Newlin and Larry D. Yost to the Board of Directors for terms expiring in 2007.
They also voted Richard W. Hanselman to the Board of Directors for a term
expiring in 2005. In addition, the shareowners approved the selection of
Deloitte & Touche LLP as the company's auditors, a... |
| | | 02/18/04 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Feb. 18 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) Board of Directors at a meeting held today in Tampa, Fla.,
declared a quarterly dividend of ten cents ($0.10) per share on the common
stock of ArvinMeritor, Inc., payable March 15, 2004, to shareowners of record
at the close of business on March 1, 2004.
ArvinMeritor, Inc. is a premier $8-billion global supplier of a broad
range of integrated systems, modules and components to the motor vehicle
indus... |
| | | 02/11/04 | ArvinMeritor Launches Search for CEO Successor| TROY, Mich., Feb. 11 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced that its Board of Directors has retained an
international executive search firm to identify a successor to Larry Yost,
chairman and CEO. Yost will remain in his current capacity until an
appropriate successor is found.
More than a year ago, Yost, who turns 66 in February, announced his plans
to retire at age 65. While he has put those plans on hold temporarily, his
original intention to retire... |
| | | 02/11/04 | ArvinMeritor Honors Outstanding Achievements in Engineering| TROY, Mich., Feb. 11 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM) today
announced the winners of the company's 2003 Engineer of the Year and
Manufacturing Engineer of the Year awards. The awards, presented at
ceremonies on Feb. 5, 2004, in Detroit, Mich., recognize those engineers or
scientists who have made significant and innovative technological
contributions to ArvinMeritor, its customers and the automobile industry.
In addressing the award winners, Larry Yost, ArvinMeritor c... |
| | | 02/02/04 | ArvinMeritor Announces 2004 Suppliers of the Year| TROY, Mich., Feb. 2 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced the winners of the company's annual supplier awards. The awards --
which were presented Jan. 29, 2004, at ArvinMeritor's North American Supplier
Conference in Troy, Mich. -- recognize outstanding performance in customer
service, product quality, delivery and cost reduction.
The 2004 Supplier of the Year award winners and the ArvinMeritor business
groups they serve are:
* Buckeye Container, a... |
| | | 01/28/04 | ArvinMeritor Reports Fiscal Year 2004 First-Quarter Results| TROY, Mich., Jan. 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported sales of $2.2 billion and net income of $19
million, or $0.28 per diluted share, for its first fiscal quarter ended Dec.
31, 2003, compared to the prior year's first-quarter net income of $32
million, or $0.47 per diluted share. Results for the first quarter of fiscal
year 2004 include a net charge of $0.09 per diluted share as a result of the
company's decision to withdraw its tender offer to a... |
| | | 01/28/04 | ArvinMeritor Announces the Resignation of President and COO Terry O'Rourke| TROY, Mich., Jan 28, 2004 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Terry O'Rourke is resigning from his position
as president and chief operating officer (COO), as well as from the Board of
Directors, to pursue opportunities outside of the company. The COO position
will be eliminated.
"We are grateful for Terry's commitment to our organization and appreciate
his many contributions to the growth and success of ArvinMeritor -- first as
... |
| | | 01/22/04 | ArvinMeritor Secures Annual $200-Million Suspension Module Contract| TROY, Mich., Jan. 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today its Light Vehicle Systems (LVS) business group was
awarded a new, annual $200-million light vehicle suspension systems contract
for the final assembly of front- and rear-cross car modules to begin
production in the fourth quarter of October 2005. The identity of the
customer, and terms of the contract were not disclosed.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
... |
| | | 01/15/04 | ArvinMeritor Names Don Polk to Lead Its Light Vehicle Systems Wheels Business| TROY, Mich., Jan. 15 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announces that Donald Polk has been appointed to the position of vice
president and general manager of its Light Vehicle Systems (LVS) business
group's Wheels product line, effective immediately. He reports directly to
Juan De La Riva, senior vice president and president, LVS.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
In this position, Polk is responsible for the global leadership of the ... |
| | | 01/15/04 | ArvinMeritor Announces Intent to Divest Kenton, Ohio, Facility andto Place Greater Focus on Trailer Systems| TROY, Mich., Jan 15, 2004 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) has
announced its decision, through a letter of intent, to sell its Kenton, Ohio,
facility to Sypris Solutions of Louisville, Ky. The sale is anticipated to be
completed by the end of March.
The sale of the facility, which employs more than 200 persons, will allow
ArvinMeritor to focus strategically within trailer products on its core
processes for the design and assembly of complete systems, which c... |
| | | 01/14/04 | Purolator Unveils BASS Tournament Boat & Truck|
Who: Purolator, a primary national brand of ArvinMeritor, Inc., is now
a primary sponsor of BASS, the worldwide authority on bass
fishing.
What: Photo opportunity to view the first unveiling of the new Purolator
BASS tournament boat and truck. Employees of ArvinMeritor's
Purolator and their families, and a representative of BASS will
enjoy the first-ever look at the exciting new graphics on the boat
... |
| | | 01/14/04 | ArvinMeritor Announces Finance Leadership Appointments| TROY, Mich., Jan. 14 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announces that Robert (Rob) Guy has been named vice president of Finance for
the company's Light Vehicle Systems (LVS) business group, and that Marc Pensa
has been named vice president of Finance for ArvinMeritor's Commercial Vehicle
Systems (CVS) business group. Both men will report directly to Rakesh
Sachdev, ArvinMeritor vice president and controller. The appointments were
effective Dec. 1, 2003.
In their new... |
| | | 01/13/04 | ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2004 First-Quarter Earnings| TROY, Mich., Jan. 13 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call to discuss the company's
fiscal year 2004 first-quarter financial results on Wednesday, Jan. 28, 2004,
at 11:00 a.m. (ET).
To participate, call (706) 643-7449 10 minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting www.arvinm... |
| | | 12/22/03 | ArvinMeritor Roof Module Receives 2003 Grand Award From the Society of Plastics Engineers| TROY, Mich., Dec. 22 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that the company's Light Vehicle Systems (LVS) business group
-- with its customer DaimlerChrysler AG and supplier GE Plastics Automotive --
was awarded the 2003 Grand Award by the Society of Plastics Engineers (SPE)
for its passenger vehicle roof module produced for the smart(TM) roadster.
The awards were presented at the 33rd Annual SPE International Innovation
Awards Program held in Livonia, Mich. on Nov... |
| | | 12/21/03 | ArvinMeritor Announces the Appointment of Deborah Henderson to Vice President of Quality| TROY, Mich., Nov 19, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced that Deborah Henderson has been appointed vice president of Quality
in support of the company's Light Vehicle Systems (LVS) business group,
effective immediately. In this role, she will focus on improving internal
performance through overall quality, on-time delivery and new product launches
throughout the LVS organization. Henderson will report directly to Debra
Shumar, ArvinMeritor's senior vi... |
| | | 12/19/03 | ArvinMeritor to Sell Its APA Joint Venture Shares to Kayaba| TROY, Mich., Dec 19, 2003 /PRNewswire-FirstCall via Comtex/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that it has signed a definitive agreement to sell
its 75 percent shareholdings in AP Amortiguadores, S.A. (APA) to joint venture
partner Kayaba Industry Co., Ltd. In 1989 ArvinMeritor acquired shares in the
joint venture company, which manufactures shock absorbers for the global
automotive market. The sale is subject to regulatory approval, and terms of
the transaction were not d... |
| | | 12/18/03 | ArvinMeritor Awarded New Driveline Contracts for Volvo Trucks North America, Inc. and Mack Trucks, Inc.| TROY, Mich., Dec 18, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today it has been awarded major new contracts to supply its
Meritor(R) Permalube(TM) RPL and RN series U-joint drivelines to Volvo Trucks
North America, Inc., and Mack Trucks, Inc.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The five-year supply agreements are new business wins for ArvinMeritor's
Commercial Vehicle Systems (CVS) business group.
Beginning Feb. 16, ... |
| | | 12/15/03 | ArvinMeritor and ZF Promise Vigorous Defense Against Eaton's Legal Actions| TROY, Mich., Dec. 15 /PRNewswire/ -- ArvinMeritor Inc., ZF Friedrichshafen
AG and ZF Meritor LLC today announced that they are committed to a vigorous
defense against the legal actions launched recently by Eaton Corporation
against the three companies in connection with the ZF Meritor FreedomLine
automated manual heavy truck transmission.
"Eaton has a very significant share of the North American heavy truck
transmissions market and their actions are the latest in a series of
disru... |
| | | 11/26/03 | ArvinMeritor Selects Montgomery, Ala., for Hyundai Customer Value Center| TROY, Mich., Nov. 26 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today it will locate a Light Vehicle Systems (LVS) Customer Value
Center (CVC) in Montgomery, Ala. The 44,000-square-foot CVC, which will serve
Hyundai Motor Company with finished door module assemblies, is scheduled to
open in February 2004. The facility will employ approximately 100 people at
full capacity.
"After a comprehensive search of the greater Montgomery area, ArvinMeritor
decided to locate i... |
| | | 11/23/03 | ArvinMeritor Terminates Offer for Dana| TROY, Mich., Nov. 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has terminated its $18.00 per share all
cash tender offer to acquire all of the outstanding common shares of Dana
Corporation (NYSE: DCN) following Dana's announcement that its board of
directors recommends that its shareowners reject ArvinMeritor's increased
offer. No Dana shares were purchased by ArvinMeritor pursuant to the offer,
and all tendered shares will be returned promptly.
... |
| | | 11/20/03 | ArvinMeritor's Light Vehicle Aftermarket Business Group Realigns Management to Meet Changing Needs| TROY, Mich., Nov. 20 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that its Light Vehicle Aftermarket (LVA) business
group, under the direction of President Dan Daniel, has realigned its upper
management structure. The changes will provide increased focus on LVA's
strategic customers, while strengthening development efforts outside North
America. LVA provides exhaust, lift support, filter and ride control products
to a full range of aftermarket customers, including retai... |
| | | 11/19/03 | ArvinMeritor Announces the Appointment of Deborah Henderson to Vice President of Quality| TROY, Mich., Nov. 19 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced that Deborah Henderson has been appointed vice president of Quality
in support of the company's Light Vehicle Systems (LVS) business group,
effective immediately. In this role, she will focus on improving internal
performance through overall quality, on-time delivery and new product launches
throughout the LVS organization. Henderson will report directly to Debra
Shumar, ArvinMeritor's senior vice president of ... |
| | | 11/19/03 | ArvinMeritor Announces the Appointment of Steve Scgalski To President of Meritor Suspensions Systems Co.| TROY, Mich., Nov. 19 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced that Steve Scgalski has been appointed president of Meritor
Suspensions Systems Co. (MSSC), effective immediately. MSSC is a joint
venture with Mitsubishi Steel Manufacturing, which was created in 1986 and
provides leading technology and high-quality suspensions systems components to
ArvinMeritor's global OEMs. Scgalski will report directly to Sidney Del
Gaudio, vice president and general manager of the underca... |
| | | 11/17/03 | ArvinMeritor Raises Tender Offer for Dana to $18.00 Per Share in Cash| TROY, Mich., Nov. 17 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it is increasing its tender offer to $18.00
per share in cash to acquire all of the outstanding common shares of Dana
Corporation (NYSE: DCN).
Larry Yost, chairman and chief executive officer of ArvinMeritor, said,
"We continue to believe this is a logical combination that makes strategic
sense. When we first approached Dana on June 4, 2003, Dana's stock was
trading at under $10.00 pe... |
| | | 11/13/03 | ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2003 Results| TROY, Mich., Nov. 13 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported sales of $2.0 billion and net income of $33
million, or $0.48 per diluted share, for its fourth fiscal quarter ended
Sept. 30, 2003, compared to last year's fourth-quarter net income of $41
million, or $0.61 per diluted share. Net income for the fourth quarter of
fiscal year 2003 included a charge for the cumulative effect of a change in
accounting principle due to the adoption of FIN 46, "Consoli... |
| | | 11/13/03 | ArvinMeritor Announces Its Annual Shareowners Meeting| TROY, Mich., Nov. 13 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) board of directors today announced that its annual shareowners'
meeting will be held on Wednesday, Feb. 18, 2004, at 2:00 p.m. (Eastern
Standard Time) at a location to be specified. Shareowners of record at the
close of business on Dec. 12, 2003, will be entitled to notice of and, to vote
at the annual meeting.
ArvinMeritor, Inc. is a premier $8-billion global supplier of a broad
range of integrate... |
| | | 11/12/03 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Nov 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- The ArvinMeritor, Inc.
(NYSE: ARM) board of directors at a meeting held today in Troy, Mich.,
declared a quarterly dividend of ten cents ($0.10) per share on the common
stock of ArvinMeritor, Inc., payable Dec. 8, 2003, to shareowners of record at
the close of business on Nov. 24, 2003.
ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad
range of integrated systems, modules and components to the motor ve... |
| | | 11/10/03 | ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2003 Fourth-Quarter Earnings| TROY, Mich., Nov. 10 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host a telephone conference call to discuss the company's
fiscal year 2003 fourth-quarter financial results on Thursday, Nov. 13, 2002,
at 10:00 a.m. (ET).
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting www.arvin... |
| | | 10/30/03 | ArvinMeritor Extends Tender Offer for Dana Until Dec. 1, 2003| TROY, Mich., Oct. 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has extended its $15.00 net per share
offer for all of the outstanding common shares of Dana Corporation's
(NYSE: DCN) common stock until 5:00 p.m. Eastern Standard Time (EST), on Dec.
1, 2003, unless further extended. The offer was previously scheduled to
expire at 5:00 p.m. EST, on Oct. 30, 2003. At that time, Dana shareowners had
tendered and not withdrawn approximately 2,284,396 shar... |
| | | 10/27/03 | ArvinMeritor Plans to Enter Two Axle Joint Ventures with Volvo| Continues Expansion of Global Manufacturing Presence
With Key Global Vehicle Maker
TROY, Mich., Oct. 27 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) has announced a memorandum of understanding with the Volvo Group
to create two new joint ventures. The joint ventures would expand
ArvinMeritor's capacity to produce commercial vehicle drive axles. Volvo is
one of the world's largest truck manufacturers and is based in Goteborg,
Sweden.
It ... |
| | | 10/02/03 | ArvinMeritor Extends Tender Offer for Dana Until Oct. 30, 2003| TROY, Mich., Oct 2 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has extended its $15.00 net per share
offer for all of the outstanding common shares of Dana Corporation's
(NYSE: DCN) common stock until 5:00 p.m. Eastern Standard Time (EST), on Oct.
30, 2003, unless further extended. The offer was previously scheduled to
expire at 5:00 p.m. EDT, on Oct. 2, 2003. At that time, Dana shareowners had
tendered and not withdrawn approximately 2,339,993 shares... |
| | | 10/01/03 | ArvinMeritor to Supply One Million Door Modules for Hyundai| TROY, Mich., Oct. 1 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that Hyundai Motor Company has chosen the company as its North
American door module supplier for two of Hyundai's platforms, beginning
production in 2005. A Letter of Intent was presented to ArvinMeritor's Light
Vehicle Systems (LVS) business group for the annual production of one million
door modules.
"We are extremely pleased with Hyundai's selection of ArvinMeritor's
proven door system technolog... |
| | | 09/30/03 | ArvinMeritor Presents Global Growth and Profit Strategies for the Future; Provides Financial Outlook| NEW YORK, Sept. 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will present the company's growth and financial improvement
strategies today to analysts and investors in New York City. The company's
growth strategies will include:
-- Growing the business organically and pursuing strategic acquisitions
-- Increasing content per vehicle through advanced technology
-- Producing new products to meet customer needs in the areas of safety,
environment a... |
| | | 09/26/03 | ArvinMeritor Hosts Web Cast for Analyst Day, Sept. 30, 2003| TROY, Mich., Sept. 26 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) will host its annual Analyst Day with security analysts and
institutional investors on Tuesday, Sept. 30, 2003, between 9:00 a.m. and noon
(EDT) in New York City. Senior management will discuss the company's
operating and financial performance, as well as ArvinMeritor's growth
strategies for each of its business groups.
Presenting at the event will be:
* Larry Yost, Chairman and Chief Executive Of... |
| | | 09/24/03 | ArvinMeritor to Close Franklin, Ind. Exhaust Facility| TROY, Mich., Sep 24, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today the decision to close its Light Vehicle Systems
(LVS) exhaust facility in Franklin, Ind. The closure is part of LVS'
restructuring plan to reduce fixed costs and enhance customer satisfaction
through just-in-time delivery. It is also the result of factors in the
automotive industry such as overcapacity in the North American passenger car
market.
The Franklin facility emplo... |
| | | 09/10/03 | ArvinMeritor Appoints Vice Presidents of Continuous Improvement and Quality| TROY, Mich., Sept. 10 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM)
announced two vice president appointments in its Continuous Improvement and
Quality organization. Joseph Muscedere has been appointed vice president of
Quality for Commercial Vehicle Systems (CVS), including its Commercial Vehicle
Aftermarket (CVA) business. Sean Wright has been named vice president of
Continuous Improvement. Both will report to Debra Shumar, senior vice
president of Continuous Improvement and Quality. ... |
| | | 09/08/03 | ArvinMeritor Receives Request for Additional Information| TROY, Mich., Sept. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has received a request for additional
information from the Federal Trade Commission (FTC) relating to its filing
under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in
connection with its tender offer for all of the outstanding common shares of
Dana Corporation (NYSE: DCN). This request extends the waiting period under
the HSR Act during which the FTC is permitted to ... |
| | | 08/28/03 | ArvinMeritor Extends Tender Offer for Dana Until Oct. 2, 2003| TROY, Mich., Aug 28, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that is has extended its $15.00 net per share
offer for all of the outstanding common shares of Dana Corporation's
(NYSE: DCN) common stock until 5:00 p.m. Eastern Daylight Time (EDT), on
Oct. 2, 2003, unless further extended. The offer was previously scheduled to
expire at 5:00 p.m. EDT, on Aug. 28, 2003. At that time, Dana shareowners had
tendered and not withdrawn approximatel... |
| | | 08/26/03 | ArvinMeritor Announces the Appointment of Juan De La Riva To Senior Vice President and President, Light Vehicle Systems| TROY, Mich., Aug 26, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced the appointment of Juan De La Riva to the position of senior vice
president and president, Light Vehicle Systems (LVS), effective immediately.
He will report to ArvinMeritor's President and Chief Operating Officer Terry
O'Rourke.
As president of LVS, De La Riva will be responsible for overall strategic
management of the company's $4.5 billion passenger vehicle components and
modules a... |
| | | 08/22/03 | ArvinMeritor Files Notification Under the Hart-Scott-Rodino Act| TROY, Mich., Aug 22, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it has filed a notification under the
Hart-Scott-Rodino Act with the Federal Trade Commission and the Department of
Justice in connection with ArvinMeritor's offer to purchase all of the
outstanding shares of Dana Corporation (NYSE: DCN) for $15.00 per share in
cash.
ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad
range of integrated systems, modules... |
| | | 08/22/03 | ArvinMeritor Believes Dana Counterclaims Without Merit| TROY, Mich., Aug 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today issued the following statement regarding the answer filed by
Dana Corporation (NYSE: DCN) and its Board of Directors in response to
ArvinMeritor's lawsuit that was filed on July 8, 2003 in the Circuit Court for
the City of Buena Vista, Virginia, and the answer and counterclaims filed by
Dana in response to ArvinMeritor's lawsuit that was filed on July 9, 2003 in
the United States Federal District Court for t... |
| | | 08/19/03 | ArvinMeritor Appoints Information Technology Vice Presidents| TROY, Mich., Aug 19, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor Inc.
(NYSE: ARM) announced three vice president appointments in its Information
Technology (IT) department. Kent Barth has been appointed vice president,
eBusiness Development and Shared Services Applications; Jeanne Booth has been
named vice president, Technology Infrastructure and Operations; and Yomi
Famurewa has been appointed vice president, Supply Chain and Product
Development Systems. All will report to Perry Lipe, se... |
| | | 08/19/03 | ArvinMeritor Expands Commercial Vehicle Systems Executive Position| TROY, Mich., Aug. 19 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced that it expanded the leadership role and responsibilities of Sergio
Carvalho, vice president and general manager of Suspension Systems, Trailer
Products and Ride Control for the company's Commercial Vehicle Systems (CVS)
business group. Carvalho will now also oversee and manage Worldwide Braking
Systems for the group. He will continue to report to Tom Gosnell, president of
CVS.
(Photo: http://www.newscom.... |
| | | 08/18/03 | ArvinMeritor Responds to Dana Complaint| TROY, Mich., Aug. 18 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today issued the following statement in response to a complaint
filed in Lucas County, Ohio late last week by Dana Corporation (NYSE: DCN).
This statement was delayed as a result of the power outages on Thursday and
Friday in the Northeast and Midwest sections of the country.
We believe the lawsuit is entirely without merit and we will contest
it vigorously. We believe that Dana's shareowners woul... |
| | | 08/11/03 | ArvinMeritor Appoints Alice McGuire Vice President of Investor Relations| TROY, Mich., Aug 11, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced the appointment of Alice McGuire to the position of vice president,
Investor Relations. McGuire will be responsible for ArvinMeritor's global
investor strategy, including the integration of finance, communications,
marketing and securities law compliance to ensure world-class communications
between the company, its shareowners and the financial communities. She will
report to Senior Vice P... |
| | | 08/05/03 | ArvinMeritor Announces the Appointment of Brian Casey to Vice President And Treasurer, Pending Board Approval| TROY, Mich., Aug. 5 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced the appointment of Brian Casey to the position of vice president and
treasurer. Pending approval of the board of directors, he will become an
officer of the company. Casey will be responsible for ArvinMeritor's global
capital market and tax activities, reporting to Senior Vice President and
Chief Financial Officer Carl Soderstrom.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO
ht... |
| | | 07/28/03 | ArvinMeritor Sends Letter to Dana's Independent Committee| TROY, Mich., Jul 28, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today sent the following letter to the members of the Committee of
Independent Directors of Dana Corporation (NYSE: DCN):
July 28, 2003
Mr. Glen H. Hiner
Mr. Benjamin F. Bailar
Mr. A. Charles Baillie
Mr. Edmund M. Carpenter
Mr. Eric Clark
Ms. Cheryl W. Grise
Mr. James P. Kelly
Ms. Marilyn R. Marks
Mr. Richard B. Priory
Dear Mr. H... |
| | | 07/23/03 | ArvinMeritor Appoints Rakesh Sachdev Vice President and Controller| TROY, Mich., July 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that Rakesh Sachdev has been named to the position
of vice president and controller, effective Aug. 1, 2003. In this position, he
is responsible for worldwide financial controls; systems; financial planning
and management reporting; accounting policies, and external reporting. Sachdev
is also directly involved in the company's growth strategies and analyst
communications. Before being named to thi... |
| | | 07/22/03 | ArvinMeritor Responds to Dana's Rejection of $15 Per Share Cash Tender Offer| TROY, Mich., July 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today issued the following statement in response to Dana
Corporation's (NYSE: DCN) announcement that its Board of Directors has
recommended that its shareowners reject ArvinMeritor's cash tender offer to
acquire all of Dana's outstanding common stock for $15.00 net per share.
ArvinMeritor stated: "Despite the fact that the Dana Board has rejected
our all-cash tender offer and refuses to negotiate with us, w... |
| | | 07/21/03 | ArvinMeritor Reports Fiscal Year 2003 Third-Quarter Results| TROY, Mich., July 21 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported sales of $2.1 billion and net income of $47
million, or $0.69 per diluted share, for its third fiscal quarter ended June
30, 2003. Sales increased $226 million, or 12 percent, as compared to last
year's third quarter. Foreign currency translation, driven by the stronger
euro, favorably impacted sales by approximately $125 million, and the
company's acquisition of Zeuna Starker added sales of $176... |
| | | 07/17/03 | ArvinMeritor Appoints Jay McLean Vice President of Information Technology| TROY, Mich., July 17 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced that Jay McLean has been appointed vice president of Information
Technology (IT) for its Commercial Vehicle Systems (CVS) group, including its
aftermarket operation. In his new position, McLean will focus on developing a
plan to achieve systems synergies between the original equipment and
aftermarket applications.
Previously, McLean served as senior director of IT, Human Resources and
Financial Systems.... |
| | | 07/16/03 | ArvinMeritor Names William R. Newlin to Board of Directors| TROY, Mich., July 16 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that William R. Newlin, chairman and chief
executive officer (CEO) of Buchanan Ingersoll, has been elected to the
ArvinMeritor board of directors for a term expiring in 2005. The announcement
was made at the company's quarterly board meeting held at corporate
headquarters in Troy, Mich. Buchanan Ingersoll is one of the largest law
firms in the United States.
(Logo: http://www.newscom.com... |
| | | 07/16/03 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., July 16 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc.
(NYSE: ARM) board of directors at a meeting held today in Troy, Mich.,
declared a quarterly dividend of ten cents ($0.10) per share on the common
stock of ArvinMeritor, Inc., payable Sept. 8, 2003, to shareowners of record
at the close of business on Aug. 18, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad
range of inte... |
| | | 07/09/03 | ArvinMeritor Commences $15 per Share Cash Tender Offer for Dana| TROY, Mich., July 9 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it is commencing a cash tender offer for all
of the outstanding common shares of Dana Corporation (NYSE: DCN) common stock
for $15.00 net per share. Following completion of the tender offer,
ArvinMeritor intends to consummate a second step merger in which all remaining
Dana shareholders will receive the same cash price paid in the tender offer.
ArvinMeritor's offer represents a premium ... |
| | | 07/08/03 | ArvinMeritor Hosts Webcast to Discuss Intention to Commence Tender Offer to Acquire Dana Corporation| TROY, Mich., Jul 8, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) has scheduled a live webcast to discuss its intention to commence
a tender offer to acquire all outstanding shares of Dana Corporation
(NYSE: DCN) today at 11:00 a.m. Eastern Time. The webcast and slide
presentation may be accessed online through our web site at
www.ArvinMeritor.com. Telephone lines will also be available to participants
by dialing (800) 619-8522 within the U.S. or (210) 234-0582... |
| | | 07/08/03 | ArvinMeritor to Commence Tender Offer to Acquire Dana for $15 Per Share In Cash| TROY, Mich., Jul 8, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that it intends to commence a tender offer to
acquire all of the outstanding shares of Dana Corporation (NYSE: DCN) for
$15.00 per share in cash. ArvinMeritor's offer represents a premium of
56% over Dana's closing stock price on June 3, 2003, the last trading day
before ArvinMeritor submitted its first proposal to Dana in writing, a premium
of 39% over Dana's average closing stock... |
| | | 07/08/03 | ArvinMeritor Conference Call Replay Available| TROY, Mich., July 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that a replay of this morning's call to discuss
its intention to commence a tender offer to acquire all outstanding shares of
Dana Corporation (NYSE: DCN) for $15.00 per share in cash will be available
until midnight on Wednesday, July 9, 2003. To access the replay, please dial
(800) 891-8254 within the U.S. or (402) 998-0002 internationally.
If you have any questions regarding this procedur... |
| | | 07/03/03 | ArvinMeritor Appoints Nicholas Exton Vice President of Corporate Development| TROY, Mich., July 3 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced that Nicholas Exton has been appointed vice president of Corporate
Development. He will be responsible for leading and coordinating merger,
acquisition, joint venture and divestiture initiatives.
Exton previously served as director of Corporate Development. Before
joining ArvinMeritor, he was vice president, Business Development, at Lucas
Varity Heavy Vehicle Systems in Dayton, Ohio.
Exton holds a... |
| | | 07/02/03 | ArvinMeritor to Sell Exhaust Tube Manufacturing Business| TROY, Mich., Jul 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that it has signed a definitive
agreement to sell its Light Vehicle Systems' (LVS) Columbus, Ind., exhaust
tube manufacturing operation to AK Tube LLC, a subsidiary of AK Steel
Corporation. The sale is subject to regulatory approval, and terms of the
transaction were not disclosed.
"ArvinMeritor's Columbus exhaust tube business has been the primary
supplier of high-quality st... |
| | | 06/26/03 | ArvinMeritor's Vernon Baker Receives the Minority Corporate Council Association's 2003 Trailblazer Award| TROY, Mich., June 26 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced that Vernon Baker, senior vice president and general counsel, has
received the Minority Corporate Counsel Association's (MCCA) 2003 Trailblazer
Award. The award, presented at ceremonies June 25 in Washington, D.C.,
recognizes the outstanding achievements of minority in-house counsels who also
stand as role models in the legal profession. Baker was also honored for his
contributions as a mentor to countles... |
| | | 06/24/03 | ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2003 Third-Quarter Earnings| TROY, Mich., June 24 /PRNewswire-FirstCall/ --
ArvinMeritor, Inc. (NYSE: ARM) will host a telephone conference call to
discuss the company's fiscal year 2003 third-quarter financial results on
Monday, July 21, 2003, at 11:00 a.m. (ET).
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real time -- or for 90 days by recording --
by visiting www.arvinmerit... |
| | | 06/18/03 | ArvinMeritor's Lin Cummins Named Communicator of the Year| Communications team takes home seven IABC/Detroit Renaissance Awards
TROY, Mich., June 18 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced that Lin Cummins, senior vice president of Communications, has been
named Communicator of the Year by the International Association of Business
Communicators (IABC)/Detroit Chapter. The annual award recognizes outstanding
contributions to business communication through the practice and encouragement
of professionalism and integrity ... |
| | | 05/22/03 | ArvinMeritor's Light Vehicle Systems Business Group Announces Vice President Appointments| TROY, Mich., May 22, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor Inc. (NYSE: ARM) today
announced two vice president appointments in its Light Vehicle Systems
business group. Michael Muzzin has been appointed vice president, Europe,
Sales and Marketing, and William Clark has been appointed vice president,
DaimlerChrysler and affiliates, Sales and Marketing.
Muzzin joined the company in 1999 and previously served as senior
director, Advanced Module Sales. Before joining ArvinMerito... |
| | | 05/14/03 | Transmission Patent Infringement Rehearing Denied| TROY, Mich., May 14, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that the Court of Appeals for the Federal Circuit (CAFC)
denied Eaton Corp.'s petition for a rehearing in the patent infringement
lawsuit against the company. The original ruling of the CAFC, in which
ArvinMeritor won the lawsuit, still stands.
As stated in ArvinMeritor's original press release dated April 3, 2003,
the CAFC found that ArvinMeritor did not infringe on the patent. Eato... |
| | | 05/06/03 | ArvinMeritor's Wheel Business Receives Best Suppliers Award from Honda| TROY, Mich., May 6 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announces that its wheels business has been recognized by Honda with its
prestigious Best Suppliers Award. The company has received the award from
Honda three times in the last four years.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The Honda Best Suppliers Award recognizes top suppliers who demonstrate
exceptional quality and service. Key metrics indicating the success of the
business in... |
| | | 05/01/03 | ArvinMeritor's Wheel Business Receives Best Supplier Awards from Fiat| TROY, Mich., May 1 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM) announced
that its wheels business has been recognized by Fiat with its prestigious Best
Suppliers Award for the twelfth consecutive year. In addition, ArvinMeritor
was presented with Fiat's long-term excellence award for the fifth year in a
row. The wheels business is comprised of two manufacturing facilities -- its
headquarters in Limeira, Brazil, and the North American production facility in
San Luis Potosi, Mexico.
... |
| | | 04/29/03 | ArvinMeritor Light Vehicle Systems Earns Toyota Global Quality Award| TROY, Mich., April 29 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that its Light Vehicle Systems (LVS) business group has been
awarded Toyota's prestigious Quality Award. The award, announced at Toyota's
annual suppliers meeting in Nagoya, Japan, signifies a superior level of
quality in business processes and products delivered to Toyota from
ArvinMeritor LVS facilities in Argentina, Brazil, France, India, UK and
Venezuela.
(Photo: http://www.newscom.com/cgi-bin... |
| | | 04/25/03 | ArvinMeritor Dedicates North American Information Technology Center in Columbus, Indiana| TROY, Mich., Apr 25, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today
held a dedication ceremony to celebrate the opening of its North American
Information Technology (IT) Center in Columbus, Ind. The new IT center is the
major hub of the company's network of worldwide information technology
capabilities that includes companion sites in Amsterdam, The Netherlands; Sao
Paulo, Brazil; and Troy, Mich. The 48,000-square-foot facility employs more
than 100 people.
(Ph... |
| | | 04/23/03 | ArvinMeritor Reports Fiscal Year 2003 Second-Quarter Results| TROY, Mich., April 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
(NYSE: ARM) today reported sales of $2.0 billion and net income of
$24 million, or $0.36 per diluted share, for its second fiscal quarter ended
March 31, 2003. Sales increased $306 million, or 18 percent, as compared to
last year's second quarter. The company's acquisition of the remaining
51-percent interest in Zeuna Starker added sales of $198 million in the second
fiscal quarter, and the stronger euro also favorably impa... |
| | | 04/21/03 | Seed Appointed ArvinMeritor Light Vehicle Systems Vice President of Global Sales and Marketing| TROY, Mich., Apr 21, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) announces the appointment of Bob Seed to vice
president, Global Sales and Marketing, for the organization's Light Vehicle
Systems (LVS) business group. In this position, Seed is responsible for
leading worldwide strategic initiatives, assessing and developing new business
opportunities, and providing leadership to a customer-aligned, global sales
and marketing team.
(Photo: http://www.newsco... |
| | | 04/16/03 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Apr 16, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) board of directors at a meeting held today in
Troy, Mich., declared a quarterly dividend of ten cents ($0.10) per share on
the common stock of ArvinMeritor, Inc., payable June 9, 2003, to shareowners
of record at the close of business on May 19, 2003.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad
rang... |
| | | 04/15/03 | Revision: ArvinMeritor Targets Improved Return on Invested Capital| The following release was distributed April 14, 2003 without a forward- looking statement. It is being re-released today with that statement included, as well as a footnote containing ArvinMeritor's definition of Return on Invested Capital (ROIC). TROY, Mich., Apr 14, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that the company is targeting
to improve return on invested capital (ROIC)(1) to between 13 percent and
15 percent within the next three to... |
| | | 04/14/03 | ArvinMeritor Targets Improved Return on Invested Capital| TROY, Mich., April 14 /PRNewswire-FirstCall/ --
ArvinMeritor, Inc. (NYSE: ARM) today announced that the company is targeting
to improve return on invested capital (ROIC) to between 13 percent and 15
percent within the next three to five years. The company's ROIC has fallen
from the high teens five years ago to 8.5 percent in 2002. Declining profits
as a result of weak markets caused the decrease. The information was part of
ArvinMeritor's presentation to the Morgan Stanley Global Automo... |
| | | 04/03/03 | ArvinMeritor Wins Appeal in Transmission Patent Infringement Suit| TROY, Mich., April 3 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today that it won its appeal in the patent infringement suit brought
by Eaton Corp. against ZF Meritor's Engine Synchro Shift(TM) (ESS)
transmission system. The Court of Appeals for the Federal Circuit reversed
the decision of the Delaware trial court and found that ArvinMeritor did not
infringe on the Eaton patent.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"We are pleased th... |
| | | 04/01/03 | Fitch Revises ArvinMeritor Inc.'s RatingOutlook to Negative| CHICAGO, Apr 1, 2003 (BUSINESS WIRE) -- Fitch Ratings has
affirmed the ratings of ArvinMeritor Inc.'s (ARM) senior unsecured
debt at 'BBB-', capital securities at 'BB+' and revised the Rating
Outlook to Negative from Stable. The ratings affirmation reflects
ARM's ability to maintain consolidated margins and financial leverage
at moderate levels through an extended downturn in the commercial
vehicle segment and the volume cyclicality seen over the past 24
months in the light vehicle market... |
| | | 03/25/03 | ArvinMeritor Reduces Second Fiscal Quarter Guidance| TROY, Mich., Mar 25, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM) today announced that it expects earnings for its second fiscal
quarter ending March 31, 2003, to be in the range of $0.33 to $0.36 per diluted
share. The company had previously said it expected earnings of $0.40 to $0.46
per diluted share for its second fiscal quarter.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"The reduction in our earnings outlook is principally drive... |
| | | 03/24/03 | ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2003 Second-Quarter Earnings| TROY, Mich., Mar 24, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM) will host a telephone conference call to discuss the company's
fiscal year 2003 second-quarter financial results on Wednesday, April 23, 2003,
at 11:00 a.m. (ET).
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
To participate, call (706) 643-7449 ten minutes prior to the start of the call.
Please reference ArvinMeritor when dialing in. Investors can also listen to the
confe... |
| | | 03/19/03 | ArvinMeritor to Supply Shock Absorbers for Hyundai Motors Commercial Vehicles| LOUISVILLE, Ky., Mar 19, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor's
Commercial Vehicle Systems' (CVS) business has signed an agreement with Hyundai
Motor Company to supply shock absorbers for its medium- and heavy-duty trucks,
effective immediately. The shock absorbers will be manufactured at the company's
Ride Control facility, located in Toronto, Ont., Canada.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The announcement was made here today at the Mid-Americ... |
| | | 03/19/03 | ArvinMeritor's Ride Control Products Named Preferred Supplier by PACCAR| LOUISVILLE, Ky., Mar 19, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor (NYSE:
ARM) announced today that its Commercial Vehicle Systems' (CVS) Ride Control
group has been named a Preferred Supplier by PACCAR Inc., a leading manufacturer
of heavy-duty on- and off-road Class 6-8 trucks. The award signifies a superior
level of quality in business processes and products delivered for both OEM
production and aftermarket distribution and is bestowed upon suppliers who
demonstrate and maintain an e... |
| | | 03/19/03 | ArvinMeritor Offers New Air Disc Brake for North American Trucks and Trailers| LOUISVILLE, Ky., Mar 19, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor's
Commercial Vehicle Systems business today announced here at the Mid-America
Trucking Show that it has expanded its DiscPlus air disc brakes family to
include two EX225 models -- available October 2003 throughout North America --
for a wide variety of heavy-duty truck, specialty vehicles, and trailer
applications.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The new air disc brake will be offe... |
| | | 03/19/03 | ArvinMeritor to Provide Integrated Axle and Brake Systems On International(R) Tractors| LOUISVILLE, Ky., Mar 19, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced that the International Truck and Engine Corporation
selected the company's Commercial Vehicle Systems (CVS) business group to
continue to supply front axles, rear axles, air brakes, and automatic slack
adjusters as standard databook position for the International 5000i-
(vocational) and 9000i-series (linehaul) tractors, to 2010.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARV... |
| | | 03/19/03 | ArvinMeritor Launches Clean Air Solutions for the Commercial Vehicle Industry| LOUISVILLE, Ky., Mar 19, 2003 /PRNewswire via COMTEX/ -- At the 2003
Mid-America Trucking Show, ArvinMeritor, Inc. (NYSE: ARM) demonstrated its
continuing commitment to protecting the environment and supporting customer
needs by introducing its "Clean Air Solutions" portfolio -- a broad spectrum of
technology-enabled solutions, applications and products that meet the stringent
emissions regulations.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
"ArvinMeritor has a... |
| | | 03/19/03 | ArvinMeritor Springs into Field of Composite Suspensions| LOUISVILLE, Ky., Mar 19, 2003 /PRNewswire via COMTEX/ -- Incorporates Liteflex(R) technology into new systems ArvinMeritor's
Commercial Vehicle Systems business' Worldwide Suspension Systems division
announced here today at the Mid-America Trucking Show that it has entered into a
joint agreement with Liteflex, LLC to be the sole distributor of current
Liteflex truck and trailer composite mechanical springs on a global basis,
effective immediately.
(Photo: http://www.newscom.com/cgi... |
| | | 03/19/03 | ArvinMeritor's Gosnell Sees Evidence of Slow Ascent To Recovery for Heavy-Duty Truck Market| LOUISVILLE, Ky., Mar 19, 2003 /PRNewswire via COMTEX/ -- Tom Gosnell,
president, Commercial Vehicle Systems business group for ArvinMeritor, Inc.
(NYSE: ARM) reported today that the truck market is seeing a slow, but steady
increase. In addition, he stated that market data suggests a stronger economy,
and specifically, a stronger truck market moving out of the third quarter of
2003 and beyond. The remarks were made at an ArvinMeritor media session during
the Mid-America Trucking Show in Lo... |
| | | 02/28/03 | ArvinMeritor Honors 2002 Patent Recipients| TROY, Mich., Feb 28, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced that 89 ArvinMeritor employees received patents in 2002.
Those individuals were honored during the company's annual Patent Awards
Ceremony held at ArvinMeritor headquarters in Troy, Mich., on Feb. 27, 2003.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The awards recognize those individuals who have made substantial engineering
contributions to ArvinMeritor through t... |
| | | 02/19/03 | ArvinMeritor Holds Its Annual Shareowners Meeting| TROY, Mich., Feb 19, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM) today held its annual shareowners meeting at ArvinMeritor
headquarters in Troy, Mich.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
At the meeting, shareowners voted to elect Joseph B. Anderson Jr., Victoria B.
Jackson, James E. Marley and James E. Perrella to the board of directors for
terms expiring in 2006. They also voted William D. George Jr. to the board of
director... |
| | | 02/19/03 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Feb 19, 2003 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM) board of directors at a meeting held today in Troy, Mich.,
declared a quarterly dividend of ten cents ($0.10) per share on the common stock
of ArvinMeritor, Inc., payable March 17, 2003, to shareowners of record at the
close of business on March 3, 2003.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad rang... |
| | | 02/04/03 | ArvinMeritor Standardizes Retiree Benefits Plans| TROY, Mich., Feb 4, 2003 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced modifications to the health care benefit plans for roughly
5,500 ArvinMeritor retirees in the United States. The changes implemented also
modify the medical plan available to 4,500 of ArvinMeritor's 12,000 active U.S.
employees when they retire. This action is designed to standardize the medical
plans of the company's U.S. retirees, as well as to address the rising cost of
health care benefit... |
| | | 01/21/03 | ArvinMeritor Reports Fiscal Year 2003 First-Quarter Results|
TROY, Mich., Jan. 21 /PRNewswire-FirstCall/ --
ArvinMeritor, Inc. (NYSE: ARM) today reported sales of $1.7 billion and net
income of $32 million, or $0.47 per diluted share, for its first fiscal
quarter ended Dec. 31, 2002. Sales increased $143 million, or nine percent, as
compared to the prior year's first quarter, and net income improved $63
million, as compared to last year's net loss of $31 million. Results for the
first quarter of fiscal year 2002 included restructuring ... |
| | | 01/21/03 | ArvinMeritor Will Reduce Workforce to Strengthen Competitive Position|
TROY, Mich., Jan. 21 /PRNewswire-FirstCall/ --
ArvinMeritor, Inc. (NYSE: ARM) today announced it would reduce its global
Light Vehicle Systems (LVS) workforce by approximately 300 salaried employees.
LVS will also close its Apertures facility in Gordonsville, Tenn., affecting
an additional 275 hourly employees.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The cost-cutting measures follow the recent consolidation of
ArvinMeritor's LVS ... |
| | | 01/21/03 | ArvinMeritor to Close Facility in Gordonsville, Tenn|
TROY, Mich., Jan. 21 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today
announced it would close its Light Vehicle Systems (LVS) Apertures facility in
Gordonsville, Tenn., by August 2003. The closure is the result of
overcapacity in the North American passenger car supplier market and part of
the company's overall efforts to cut costs, as well as to maintain its
leadership position in a highly competitive industry.
(Photo: http://www.newscom.com/cgi-bin/prnh/200... |
| | | 01/16/03 | ArvinMeritor Honors Outstanding Achievements in Engineering|
TROY, Mich., Jan. 16 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM) today
announced the winners of the company's 2002 Engineer of the Year and
Manufacturing Engineer of the Year awards. The awards, presented at
ceremonies on Jan. 15, 2003, in Dearborn, Mich., and to be presented in Europe
in the spring, recognize those engineers or scientists who have made
significant and innovative technological contributions to ArvinMeritor, its
customers and the automobile industry. The a... |
| | | 01/13/03 | REVISED: ArvinMeritor to Buy Remaining 51 Percent of Zeuna Stärker Joint Venture |
REVISED: ArvinMeritor to Buy Remaining 51 Percent of Zeuna Stärker Joint Venture
Zeuna Stärker's Bleidt to Lead ArvinMeritor's Air
and Emissions Technologies
TROY, Mich. (Dec. 18, 2002)
— ArvinMeritor, Inc. (NYSE: ARM ) announced today that it has
agreed to acquire the remaining 51-percent interest in its German joint venture,
Zeuna Stärker GmbH & Co. KG, a premier $600-milllion exhaust and emissions
solutions company. T he transaction is
expected to close... |
| | | 12/18/02 | ArvinMeritor to Buy Remaining 51 Percent of Zeuna Starker Joint Venture|
Zeuna Starker's Bleidt to Lead ArvinMeritor's Air and Emissions Technologies
TROY, Mich., Dec. 18 /PRNewswire-FirstCall/ --
ArvinMeritor, Inc. (NYSE: ARM) announced today that it has agreed to acquire
the remaining 51-percent interest in its German joint venture, Zeuna Starker
GmbH & Co. KG, a premier $600-million exhaust and emissions solutions company.
The purchase price is approximately $75 million, and the transaction is
expected to close in the second quarter of ... |
| | | 12/17/02 | ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2003 First-Quarter Earnings|
ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2003 First-Quarter Earnings Tuesday December 17, 3:32 pm ET
TROY, Mich., Dec. 17 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE:
ARM - News )
will host a telephone conference call to discuss the company's fiscal year 2003
first-quarter financial results on Tuesday, Jan. 21, 2003, at 2:00 p.m. (ET).
To participate, call (706) 643-7449 ten minutes prior to the start of the
call. Please reference ... |
| | | 12/13/02 | ArvinMeritor to Supply Next-Generation Air Disc Brakes to Volvo Group|
EAST LIBERTY, Ohio, Dec. 13 /PRNewswire-FirstCall/ --
ArvinMeritor, Inc. (NYSE: ARM) today announced that the Volvo Group has
selected ArvinMeritor's Commercial Vehicle Systems (CVS) business group to
supply next-generation air disc brakes for both Renault and Volvo heavy
trucks. The four-year supply agreement begins in 2004 and is valued at more
than $250 million.
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"This is a significant ext... |
| | | 11/22/02 | ArvinMeritor Declares Quarterly Dividend on Common Stock And Announces Annual Shareowners' Meeting|
TROY, Mich., Nov. 22 /PRNewswire-FirstCall/ --
The ArvinMeritor, Inc. (NYSE: ARM) board of directors today declared a
quarterly dividend of ten cents per share on its common stock, payable
Dec. 16, 2002, to shareowners of record on Dec. 2, 2002.
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The company also announced that its annual shareowners' meeting would be
held on Wednesday, Feb. 19, 2003, at ArvinMeritor Headquarters, 2135 West
Maple... |
| | | 11/06/02 | ArvinMeritor Reports Fiscal Year 2002 Fourth-Quarter Results|
TROY, Mich., Nov. 6 /PRNewswire-FirstCall/ --
ArvinMeritor, Inc. (NYSE: ARM) today reported sales of $1.7 billion and net
income of $41 million, or $0.61 per diluted share, for its fourth fiscal
quarter ended Sept. 30, 2002. Sales increased $181 million, or 12 percent, as
compared to the prior year's fourth quarter, and net income improved $42
million, as compared to last year's net loss of $1 million (adjusted to
exclude goodwill amortization expense). Results for the four... |
| | | 10/31/02 | ArvinMeritor Announces Agreement to Sell Off-Highway Axle Business| TROY, Mich., Oct 31, 2002 /PRNewswire via COMTEX/ -- ArvinMeritor, Inc. (NYSE:
ARM) today announced it has reached agreement for the sale of its off-highway
axle business, which principally manufactures planetary axles for off-road
applications, to AxleTech International of Troy, Mich., an affiliate of
Wynnchurch Capital, Limited. The sale includes manufacturing sites at Oshkosh,
Wis., and St. Etienne, France, and the planetary axle operations in Osasco,
Brazil, and Seoul, Korea. The sale ... |
| | | 10/10/02 | ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2002 Fourth-Quarter Earnings|
TROY, Mich., Oct. 10
ArvinMeritor, Inc. (NYSE: ARM) will host a telephone conference call to
discuss the company's fiscal year 2002 fourth-quarter financial results on
Wednesday, Nov. 6, 2002, at 11:00 a.m. (ET).
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
To participate, call 706-643-7449 ten minutes prior to the start of the
call. Please reference ArvinMeritor when dialing in. Investors can also
listen to the conference call in real t... |
| | | 10/01/02 | ArvinMeritor Introduces New Modules and Systems to Drive Growth| Company Forecasts Higher Sales and Earnings in Fiscal Year 2003
TROY, Mich., Oct 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM) today introduced new modules and systems that address critical
safety and environmental demands during its presentation to analysts in New York
City. The company anticipates that global acceptance of its new technologies by
both original equipment (OE) and aftermarket customers will grow company sales
over the coming years. At th... |
| | | 10/01/02 | Revision: ArvinMeritor Clarifies Statement on Transmission's Availability| TROY, Mich., Oct 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM) issued the following product text correction to its press
release distributed earlier today.
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We released the following statement that requires a correction:
* The FreedomLine(TM) transmission captures standard position with four truck
OEMs; fifth OEM position begins in 2003
The correct statement is:
* The FreedomLine(... |
| | | 09/25/02 | ArvinMeritor Reaffirms Guidance for Fourth Quarter 2002| TROY, Mich., Sep 25, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) today reiterated that the company's earnings for fourth quarter
fiscal year 2002, ending Sept. 30, 2002, will meet the outlook provided on July
18, 2002.
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Consistent with the previous estimate, ArvinMeritor expects fourth-quarter
fiscal year 2002 earnings to be in the range of $0.56 to $0.61 per diluted share
and the company's full-year diluted earnings per sha... |
| | | 09/13/02 | ArvinMeritor Hosts Conference Call and Web Cast For its Analyst Day, Oct. 1, 2002| TROY, Mich., Sep 13, 2002 /PRNewswire via COMTEX/ -- ArvinMeritor Inc. (NYSE:
ARM) will host its Analyst Day with security analysts and institutional
investors on Tuesday, Oct. 1, 2002, between 9:00 a.m. and noon (ET). Senior
management will discuss the company's businesses and financial and operating
performance, as well as discuss technologies that are shaping the future of the
motor vehicle industry.
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Presenting will... |
| | | 08/26/02 | ArvinMeritor Appoints Garrick Hu Vice President, Vehicle Dynamics Advanced Engineering, Commercial Vehicle Systems| TROY, Mich., Aug 26, 2002 -- ArvinMeritor, Inc. (NYSE:
ARM) today announced that Garrick Hu has been appointed vice president, Vehicle
Dynamics Advanced Engineering, Commercial Vehicle Systems (CVS).
In his new position, Hu will strengthen and reinforce CVS' long-term growth
objectives and ensure they are consistent with customer-driven products. He will
also evaluate mechanical and electronic technologies and processes necessary to
remain competitive, as well as provide leadership for ... |
| | | 08/16/02 | ArvinMeritor and Randon Join Forces to Offer Original Equipment and Aftermarket Components in South America| CAXIAS DO SUL, Brazil, Aug 16, 2002 /PRNewswire via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM), Troy, Mich., on August 15 announced a joint venture agreement
with Randon Participacoes, Caxias do Sul, Brazil, to develop, manufacture and
sell truck and trailer components to be marketed in South America. Under the
agreement, Suspensys, previously a division of Randon, will become a 50/50
partnership between ArvinMeritor and Randon.
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| | | 07/23/02 | ArvinMeritor Names Lisa Corona Vice President, Human Resources| TROY, Mich., Jul 23, 2002 -- ArvinMeritor, Inc. (NYSE:
ARM) today announced the promotion of Lisa Corona to vice president, Human
Resources (HR). She will continue to report directly to Ernie Whitus, senior
vice president, Human Resources. In this position, Corona is responsible for
ArvinMeritor's diversity initiatives, HR's continuous improvement plan and
processes; organizational development; employee and leadership development; and
strategic planning and staffing.
"Lisa's extensiv... |
| | | 07/18/02 | ArvinMeritor Reports Fiscal Year 2002 Third-Quarter Results| TROY, Mich., Jul 18, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) today reported sales of $1.9 billion and net income before
special items of $58 million, or $0.85 per diluted share, for its third fiscal
quarter ended June 30, 2002. Sales increased $89 million, or five percent, as
compared to last year's third quarter, and operating margin improved to 6.2
percent, up from 4.8 percent in the prior year's third quarter (adjusted to
exclude goodwill amortization expense). Net income for the third q... |
| | | 07/17/02 | ArvinMeritor Elects Debra Shumar to Senior Vice President, Continuous Improvement and Quality, and an Officer of the Company| TROY, Mich., Jul 17, 2002 -- ArvinMeritor, Inc. (NYSE:
ARM) today announced the appointment of Debra Shumar to senior vice president,
Continuous Improvement (CI) and Quality, effective immediately. She was also
elected an officer of the company and will continue to report directly to Larry
Yost, ArvinMeritor chairman and CEO.
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In this position, Shumar is responsible for leading the company's intense
commitment to produc... |
| | | 07/17/02 | ArvinMeritor Declares Quarterly Dividend on Common Stock| TROY, Mich., Jul 17, 2002 -- The ArvinMeritor
Inc. (NYSE: ARM) board of directors today declared a quarterly dividend of ten
cents per share on its common stock, payable September 9, 2002, to shareowners
of record on August 19, 2002.
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ArvinMeritor Inc. is a premier $7-billion global supplier of a broad range of
integrated systems, modules and components to the motor vehicle industry. The
company serves light vehicle, co... |
| | | 06/26/02 | ArvinMeritor Prices $200 Million of 5-Year Notes| TROY, Mich., Jun 26, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) announced today that it has priced a public offering of $200
million aggregate principal amount of 6 5/8 Notes due 2007. The public offering
price of the Notes is 99.684 percent.
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Net proceeds of the offering will be used to repay outstanding indebtedness
under bank credit facilities and for general corporate purposes.
Deutsche Bank Securities, Inc. and Merr... |
| | | 06/26/02 | U.S. Ambassador Stapleton Tours ArvinMeritor's Liberec Facility in the Czech Republic| LIBEREC, Czech Republic, Jun 26, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) today marked 10 years of business involvement in the Czech
Republic with a visit to its Liberec facility by His Excellency Craig Roberts
Stapleton, U.S. Ambassador to the Czech Republic.
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While touring the facility and meeting with local site employees, Ambassador
Stapleton said, "ArvinMeritor is a key contributor to the growth of enterprise
in the ... |
| | | 06/21/02 | ArvinMeritor's Lin Cummins Earns Wayne State University 21st Century Award| TROY, Mich., Jun 21, 2002 -- ArvinMeritor, Inc. (NYSE:
ARM) today announced that Lin Cummins, senior vice president of Communications,
has been awarded the 21st Century Award from Wayne State University (WSU) in
Detroit, Mich., for outstanding professional achievement and leadership. The
ceremony was held on June 20, 2002, at Detroit's historic Hilberry Theater.
Cummins has a bachelor of science degree and a master of arts degree in speech
and communications from Wayne State University.
... |
| | | 06/21/02 | ArvinMeritor Awards Pennsylvania State University The Integrated Airflow and Emissions Technology Award| SANTA MONICA, Calif., Jun 21, 2002 /PRNewswire via COMTEX/ -- ArvinMeritor,
Inc. (NYSE: ARM) today announced the winner of its Integrated Airflow and
Emissions Technology Award at the FutureTruck Competition in Santa Monica,
California. Pennsylvania State University received the award and $1,000, chosen
out of 15 competing student teams.
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The award was based on the best integrated design of the air induction and
exhaust... |
| | | 06/19/02 | ArvinMeritor Expands Light Vehicle Aftermarket Executive Position| TROY, Mich., Jun 19, 2002 -- ArvinMeritor, Inc. (NYSE:
ARM) today announced it expanded the leadership role and responsibilities of Rob
Malone, vice president and general manager of the company's Light Vehicle
Aftermarket (LVA) business group. Malone, currently responsible for the group's
filter operations, will increase his leadership scope to also include the
group's ride control business. Malone will continue to report to ArvinMeritor's
president of Light Vehicle Aftermarket, Dan Daniel... |
| | | 06/18/02 | ArvinMeritor Awarded Volvo Axle Contract| TROY, Mich., Jun 18, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) announced today it has been awarded major new contracts to
supply its Meritor(R) rear drive axles to Volvo Powertrain, a subsidiary of AB
Volvo, and Mack Trucks, Inc. These new contracts represent sales revenues of
more than $150 million annually. Volvo Powertrain is a provider of services and
powertrain components to Volvo Trucks North America, Inc. and Mack Trucks.
The seven-year supply agreement, valued at more than $1 billi... |
| | | 06/18/02 | ArvinMeritor Hosts Conference Call and Web Cast To Discuss FY2002 Third-Quarter Earnings| TROY, Mich., Jun 18, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) will host a telephone conference call to discuss the company's
fiscal year 2002 third-quarter financial results on Thursday, July 18, 2002, at
11:00 a.m. (ET).
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
To participate, call 706-643-7449 ten minutes prior to the start of the call.
Please reference ArvinMeritor when dialing in. Investors can also listen to the
conference call in real time -- or for 90 da... |
| | | 06/17/02 | ArvinMeritor Raises Third-Quarter and Fiscal Year 2002 Guidance| TROY, Mich., Jun 17, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) today announced that it expects the company's earnings for its
third fiscal quarter ending June 30, 2002, to be in the range of $0.82 to $0.85
per share, before special items. In addition, the company expects earnings for
its fiscal year ending September 30, 2002, to be in the range of $2.19 to $2.27
per share, before special items. The company had previously said it expected
earnings of $0.70 to $0.75 per share for its third fisc... |
| | | 05/28/02 | ArvinMeritor Appoints Craig Stinson to Senior Vice President of ArvinMeritor, And President of a Consolidated Light Vehicle Systems Group| TROY, Mich., May 28, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) today announced the appointment of Craig Stinson to senior vice
president of ArvinMeritor and president of a consolidated Light Vehicle Systems
(LVS) business group, effective June 1, 2002. The new $3.6-billion LVS group
combines operations of the Air and Emissions Technologies (A&ET) business,
formerly headed by Stinson, and LVS, formerly headed by Terry O'Rourke. In his
new position, Stinson will report to O'Rourke, who was rece... |
| | | 05/20/02 | ArvinMeritor Announces the Election of Terry O'Rourke To President and Chief Operating Officer| TROY, Mich., May 20, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) today announced that the board of directors has elected Terry
O'Rourke to the position of president and chief operating officer (COO) and as a
member of the company's board of directors, effective June 1, 2002. O'Rourke
will report to ArvinMeritor's Chairman and CEO Larry Yost.
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As president and COO, O'Rourke will be responsible for directing and overseeing
Arv... |
| | | 05/13/02 | ArvinMeritor Sells Exhaust Accessories Manufacturing Operations| TROY, Mich., May 13, 2002 -- ArvinMeritor
(NYSE: ARM) today announced the sale of its Fort Loramie, Ohio, exhaust
accessories manufacturing operations to a newly-formed affiliate of ROL of
America, Inc., based in Oviedo, Fla. Under the agreement, ArvinMeritor will
continue to distribute exhaust accessories through its Light Vehicle Aftermarket
(LVA) business. Terms of the sale were not disclosed.
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Dan Daniel, senior vic... |
| | | 05/09/02 | ArvinMeritor LVS President Encourages Technical Skills; Meets with Focus: HOPE Pre-Engineering Students| TROY, Mich., May 9, 2002 /PRNewswire via COMTEX/ -- ArvinMeritor's (NYSE: ARM)
President, Light Vehicle Systems (LVS), Terry O'Rourke, today addressed 60
Detroit-area pre-engineering students at Focus: HOPE's Machinist Training
Institute in Detroit, Mich.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
The Focus: HOPE students who attended the event are completing their last phase
of the pre-engineering program, and are now faced with the choice of seeking
employmen... |
| | | 05/03/02 | ArvinMeritor Appoints Harry Howard Vice President and General Manager, Commercial Vehicle Aftermarket| TROY, Mich., May 3, 2002 -- ArvinMeritor, Inc. (NYSE:
ARM) today announced the appointment of Harry Howard to vice president and
general manager of the company's Commercial Vehicle Aftermarket (CVA) business
group, effective May 1. Howard will lead strategic management of the company's
heavy- and medium-duty commercial vehicle aftermarket component sales and
service and will be located at ArvinMeritor's CVA headquarters in Florence, Ky.
In this role, Howard reports to Tom Gosnell, senior v... |
| | | 04/26/02 | ArvinMeritor Employee Communications Strategy Drives Improved Business Performance| TROY, Mich., Apr 26, 2002 -- ArvinMeritor, Inc. (NYSE:
ARM) today held its second-quarter all-employee meeting as part of the company's
ongoing strategy to drive improved business performance through total employee
engagement. The quarterly meetings, combined with other vehicles for two-way
communications are designed to better align employees' efforts to ArvinMeritor's
goals and objectives.
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The meeting was broadcast a... |
| | | 04/25/02 | ArvinMeritor Honored for Environmental Excellence| WEIRTON, W.Va., Apr 25, 2002 -- ArvinMeritor,
Inc. (NYSE: ARM) announced today that its Roll Coater plant in Weirton, W. Va.,
has received the State Environmental Excellence Award for outstanding
performance. The award was presented at the third annual Division of
Environmental Protection (DEP) Awards ceremony in Charleston. West Virginia
state officials Governor |
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