TROY, Mich., Sept. 13, 2016 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) announced it has donated $5,000 to the American Red Cross to help with relief efforts in Denham Springs, Louisiana, which was hard-hit by devastating flooding in August.
The company made the contribution from the Meritor Trust Fund to help Denham Springs area residents recover from the flooding. An estimated 90 percent of homes and businesses were damaged in the southeast Louisiana town of 10,000 people.
"We sincerely hope this contribution will help speed the restoration of this community and help its residents recover from this flooding that affected so many in the area," said Krista Sohm, vice president, Marketing & Communications for Meritor.
The flooding in southern Louisiana affected tens of thousands of people and damaged an estimated 146,000 homes after several days of heavy rainfall caused rivers and creeks to overflow. At least 30,000 people were evacuated from submerged vehicles and flooded homes.
The American Red Cross has been leading the relief efforts. It estimates the relief could cost up to $40 million, as its workers continue to help people recover from the disaster.
"We appreciate the support of Meritor to help get the families who have lost everything get back on their feet," said Kearny Gay of the Louisiana Red Cross. "The American Red Cross continues to help thousands of people in Louisiana in what is the worst natural disaster to hit the United States since Superstorm Sandy in 2012."
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 100-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Mich., United States, and is made up of approximately 8,400 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Meritor common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at www.meritor.com.
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SOURCE Meritor, Inc.
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