TROY, Mich., June 4 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) announced today that a tentative agreement was not reached with
the Canadian Auto Workers (CAW) Local 1941 union bargaining committee at the
Tilbury, Ont., Canada Commercial Vehicle Systems (CVS) facility, prior to the
expiration of the contract which occurred at midnight. As a result,
ArvinMeritor Canada has suspended operation at the facility until a collective
agreement is ratified.
"We have presented our fourth -- and final -- economic offer to the union
bargaining committee, said Mark Parris, Tilbury's site manager. "The CAW Local
1941 bargaining committee has been unwilling to agree to any of these
proposals. Because the committee refuses to present the company's final offer
to its members, we plan to call on the Ministry of Labour in Ontario to
conduct a secret ballot vote with our workforce in Tilbury so that employees
will have an opportunity to determine the final outcome."
"The economic realities of our industry require that we, as a global
corporation, take actions which improve our cost structure and ensure the
future stability of the company -- and the Tilbury facility, said Pedro Ferro,
vice president and general manager of Braking Systems for ArvinMeritor's CVS
business group. Certain modifications to the previous collective agreement are
necessary for this facility to remain competitive in today's challenging
Ferro added, "During this time, we are focused on meeting our customers'
requirements and have contingency plans in place to deliver on that
ArvinMeritor will continue to supply commercial vehicle brakes and related
components to customers from its facilities in Frankfort, Ky. and Manning,
ArvinMeritor, Inc. is a premier $8.8 billion global supplier of a broad
range of integrated systems, modules and components to the motor vehicle
industry. The company serves light vehicle, commercial truck, trailer and
specialty original equipment manufacturers and certain aftermarkets.
Headquartered in Troy, Mich., ArvinMeritor employs approximately 29,000 people
at more than 120 manufacturing facilities in 25 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:
SOURCE ArvinMeritor, Inc.