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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 delighted to gain this re-confirmation of Navistar's belief in our operation's quality products," said Glenn Hanthorn, president of Mascot. The remanufacturing operation maintains a quality reputation for customer service, wholesale-only distribution, and extensive product knowledge in Canada and the U.S.

Last December, ArvinMeritor acquired Mascot Truck Parts Ltd., a major remanufacturer of transmissions, drive axle carriers, steering gears and drivelines, based in Mississauga, Ontario, Canada.

ArvinMeritor maintains its focus on the strategic growth of quality remanufactured components for end-users. The company launched its first remanufactured product in 1983 and has repeatedly emphasized the program's importance to serving customers' aftermarket appetite for dependable remanufactured components.

Mascot's six Canadian remanufacturing locations -- including three in Mississauga, Ontario; and one each in Edmonton, Alberta; Moncton, New Brunswick; and Boucherville, Quebec -- as well as its network of logistic centers across North America, provide customers with immediate availability of remanufactured products.

ArvinMeritor acquired Mascot in December 2007. Mascot Truck Parts Ltd. is a long term player in the Heavy Duty industry. Founded in 1936, it has evolved into one of the largest heavy duty specialists in North America, applying its expertise to rebuilding all makes of transmissions, differentials, and steering gears. Currently, these products are available from more than 20 facilities in Canada and the U.S., allowing expedient delivery of quality products and service across North America.

ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. Headquartered in Troy, Mich., ArvinMeritor employs approximately 18,000 people in 24 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company's Web site at: http://www.arvinmeritor.com/ .

SOURCE ArvinMeritor, Inc.

http://www.arvinmeritor.com

 
 
 
 
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