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
"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
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
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
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.