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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.

"The Global Center of Excellence provides superior engineering support which is a competitive advantage to our regional customers in growing markets like the BRIC countries of Brazil, Russia, India and China," said Phil Martens, president, LVS, ArvinMeritor. "The center gives our South American customer base access to LVS' full spectrum of advanced smart systems(TM) technologies for improved vehicle safety, comfort and performance."

As the primary regional resource for LVS South America, the Global Center of Excellence includes engineering, program management, sales, testing, validation, quality, sourcing, logistics and finance.

The facility joins the company's existing network of technology centers located in China, France, Germany, India, Japan, Mexico, United Kingdom and the United States. It supports local design applications of chassis systems and components, roof systems, door modules, window regulators and motors.

"ArvinMeritor is an industry leader with a 60-year history of providing innovative, quality Fumagalli steel wheels in Brazil and Mercosur," said Don Polk, vice president and general manager, Wheels and LVS South America, ArvinMeritor. "The Center of Excellence leverages our wheels innovation and expertise to support our customers with our entire product portfolio of systems solutions."

Light Vehicle Systems

ArvinMeritor's LVS business is a leading global provider of dynamic motion and control automotive systems and components, with sales of $2.2 billion in 2007 -- $2.0 billion of value-added sales and $200 million of pass-through sales. Of the value-added sales, more than 60 percent were outside North America. ArvinMeritor's LVS business group is a market leader in many of the product categories it serves, supplying components and integrated systems and modules to the world's leading passenger car and light truck OEMs.

LVS smart systems(TM) technologies combine the intelligent application of controls and electronics with traditional mechanical products, to take on new form and function at both the component and system levels. With advanced technology and systems design expertise -- in body systems (roof, and door modules and systems, motors, latches, window regulators, and electronic controls); and chassis systems (chassis and suspension modules and systems, ride control products, electronic chassis control systems, global aftermarket chassis products and wheels) -- LVS produces integrated, high-quality, cost- effective performance-based solutions for practically all car and light truck market segments.

About ArvinMeritor

Today, 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 19,000 people in 24 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, and high resolution photography, visit the company's Web site at: http://www.arvinmeritor.com/.

Forward-Looking Statements

This press release contains statements relating to future results of the company (including certain projections and business trends) that are "forward- looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "estimate," "should," "are likely to be," "will" and similar expressions. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to global economic and market cycles and conditions; the demand for commercial, specialty and light vehicles for which the company supplies products; risks inherent in operating abroad (including foreign currency exchange rates and potential disruption of production and supply due to terrorist attacks or acts of aggression); availability and cost of raw materials, including steel and oil; OEM program delays; demand for and market acceptance of new and existing products; successful development of new products; reliance on major OEM customers; labor relations of the company, its suppliers and customers, including potential disruptions in supply of parts to our facilities or demand for our products due to work stoppages; the financial condition of the company's suppliers and customers, including potential bankruptcies; possible adverse effects of any future suspension of normal trade credit terms by our suppliers; potential difficulties competing with companies that have avoided their existing contracts in bankruptcy and reorganization proceedings; successful integration of acquired or merged businesses; the ability to achieve the expected annual savings and synergies from past and future business combinations and the ability to achieve the expected benefits of restructuring actions; success and timing of potential divestitures; potential impairment of long-lived assets, including goodwill; potential adjustment of the value of deferred tax assets; competitive product and pricing pressures; the amount of the company's debt; the ability of the company to continue to comply with covenants in its financing agreements; the ability of the company to access capital markets; credit ratings of the company's debt; the outcome of existing and any future legal proceedings, including any litigation with respect to environmental or asbestos-related matters; the outcome of actual and potential product liability and warranty and recall claims; rising costs of pension and other post-retirement benefits and possible changes in pension and other accounting rules; as well as other risks and uncertainties, including but not limited to those detailed herein and from time to time in other filings of the company with the SEC. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

SOURCE ArvinMeritor, Inc.

CONTACT: Media Inquiries - Americas and Asia, Jeff Gammons,
+1-313-551-2903, jeffrey.gammons@arvinmeritor.com, or Media Inquiries -
Europe, Marco Foley, +44 (0)121 625 3220, marco.foley@arvinmeritor.com, or
Investor Inquiries, Terry Huch, +1-248-435-9426, terry.huch@arvinmeritor.com,
all of ArvinMeritor, Inc.
Web site: http://www.arvinmeritor.com
(ARM)

 
 
 
 
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