Meritor’s CEO and president, Jay Craig, will soon transition to the role of executive chairman of the board of directors, with Chris Villavarayan, executive vice president and chief operating officer, ...
[Stay on top of transportation news: Get TTNews in your inbox.] Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical ...
Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. The sale ...
Meritor plans to begin production in mid-2021 of its Blue Horizon-branded 14Xe ePowertrain for medium- and heavy-duty commercial vehicles. The company has supply agreements in place with several ...
On Monday morning, Cummins announced plans to acquire Meritor for $3.7 billion in cash and assumed debt. That's a 48% premium to Meritor's Friday close. Cummins sees the deal as a way to boost its ...
To further accelerate the development of electrified power solutions for commercial vehicles, Cummins is acquiring Meritor Inc., a global provider of drivetrain, mobility, braking, aftermarket, and ...
Decisions around brake components increasingly reveal how fleets manage complexity, uptime, and service efficiency. At Heavy Duty Aftermarket Week, a discussion around a new Meritor brake pad made ...
ATLANTA — Meritor Inc.’s EX + L air disc brakes are soon to be standard on all new Freightliner Cascadia models, capping a component journey that began in Europe years ago. Meritor already has sold in ...
Meritor marked the production of its 10 millionth trailer axle made in North America Wednesday, January 30, at its Frankfort, Ky., manufacturing facility. “This is an important milestone that ...
Cummins on Tuesday morning announced it plans to acquire Meritor – a Troy, Michigan-based supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial ...
Meritor on Tuesday unveiled its lightweight, single-piston EX+LS air disc brake specifically for line haul and trailer applications. By taking a purpose-built design approach, Meritor Vice President ...
Diesel engines move down an overhead conveyor at the Cummins Inc. Seymour Engine Plant in Seymour, Indiana, U.S., on Tuesday, Jan. 29, 2019. Cummins Inc. is scheduled to release earnings figures on ...