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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 global automotive industry," said Gerald Anderson, president and general manager, MSSC. "This closure reflects actions we are taking to reduce fixed costs in response to significantly lower vehicle production volumes."

The company is currently evaluating the transfer of this business to other MSSC facilities in North America. The phased closure is anticipated to be complete by the end of 2009.

About MSSC

MSSC is a joint venture between ArvinMeritor and partner Mitsubishi Steel Mfg. Co., Ltd. The joint venture, formed in 1986, produces steel torsion and stabilizer bars and coil springs for the North American passenger car and light truck markets. MSSC has two other manufacturing plants located in Chatham, Ontario, Canada and Hopkinsville, Ky., in the United States. ArvinMeritor owns 57% of the joint venture.

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 marks its centennial anniversary in 2009, celebrating a long history of 'forward thinking.' ArvinMeritor serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. 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: www.arvinmeritor.com/.

SOURCE ArvinMeritor, Inc.

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

 
 
 
 
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