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2012 News Releases
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Meritor, Inc. Analyst Day  (Replay)
12/07/17 at 9:00 a.m. ET
Meritor, Inc. Analyst Day
Thursday, December 7, 2017 9:00 a.m. ET  through Thursday, December 7, 2017 
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Q4 2017 Meritor, Inc. Earnings Conference Call (Replay)
11/15/17 at 10:00 a.m. ET
Q4 2017 Meritor, Inc. Earnings Conference Call
Wednesday, November 15, 2017 10:00 a.m. ET  
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12/04/12Meritor 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... 
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11/29/12Meritor 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 ... 
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11/28/12Meritor 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... 
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11/14/12Meritor 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... 
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11/13/12Meritor 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... 
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11/12/12Meritor 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... 
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11/09/12Meritor 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... 
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10/09/12Meritor 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... 
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09/20/12Meritor 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... 
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09/20/12Meritor 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... 
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09/18/12Meritor 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... 
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09/18/12Meritor 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... 
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09/17/12Meritor 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... 
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09/17/12Meritor 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... 
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09/17/12Meritor 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... 
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09/17/12Meritor 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 ... 
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09/17/12Meritor 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... 
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09/13/12Meritor'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... 
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09/11/12Meritor 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... 
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09/04/12Meritor 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... 
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08/28/12Meritor 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... 
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08/28/12Meritor 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... 
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08/28/12Meritor 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... 
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08/28/12Meritor 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... 
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08/27/12Meritor® 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 ... 
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08/13/12Meritor 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 ... 
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08/03/12Meritor 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.... 
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08/01/12Meritor 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... 
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07/23/12Meritor® 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 ... 
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07/12/12Meritor® 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... 
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07/09/12Meritor 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... 
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07/05/12Meritor® 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... 
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06/28/12Meritor 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... 
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06/26/12Media 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... 
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06/20/12Meritor'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... 
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06/12/12Meritor® 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... 
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05/11/12Meritor 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 ... 
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05/11/12Meritor 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 ... 
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05/04/12Meritor 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 ... 
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05/04/12Meritor 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... 
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05/04/12Meritor 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 ... 
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05/02/12Meritor 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... 
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04/25/12Meritor 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... 
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04/21/12Meritor 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... 
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04/02/12Meritor 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... 
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03/30/12Meritor 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... 
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03/21/12Meritor® 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 ... 
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03/20/12Meritor 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... 
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02/23/12Meritor 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. ... 
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02/15/12Meritor 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... 
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02/14/12Meritor 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... 
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02/02/12Meritor 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... 
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01/05/12Meritor 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... 
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01/02/12Meritor 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, ... 
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