Go Search
            Home   Contact Us
Our Company
Products and Services
Advanced Solutions
Work With Us
Investors
Suppliers
 
 
 
 
Investors
 
 
News Release
Printer Friendly Version View printer-friendly version
·Back
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 minority suppliers. While we're making good progress we still have room for improvement," said Vernon Baker, senior vice president and general counsel, who oversees ArvinMeritor's supplier diversity program. "To reach our goals we have made a commitment toward creating a pipeline of opportunity for our minority supply base."

During 2007, ArvinMeritor spent $95.3 million with minority suppliers, including new contracts totaling $34 million in which minority suppliers provided office supplies, professional staffing, logistics and auditing services, as well as Maintenance, Repair and Operating (MRO) management and products.

Criteria for the 'Corporate ONE' award includes having an established minority/diversity supplier development program, reporting minority purchases on a quarterly basis and membership to the MMBDC's Project ONE, which is an initiative to aid minority businesses in becoming competitive bidders for corporate contracts. Other corporations that are active members of Project ONE include Ford Motor Company, Blue Cross/Blue Shield of Michigan and Bank of America Corporation, among others.

About ArvinMeritor

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.

CONTACT: Media Inquiries, Lin Cummins, +1-248-435-7112,
linda.cummins@arvinmeritor.com, or Investor Inquiries, Terry Huch,
+1-248-435-9426, terry.huch@arvinmeritor.com, both of ArvinMeritor, Inc.
Web site: http://www.arvinmeritor.com
(ARM)

 
 
 
 
2014 Meritor, Inc. All Rights Reserved.

Minimize Restore Close Delete Modify Shared Web Part Connections Export...