TROY, Mich., March 27 /PRNewswire-FirstCall/ -- 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
International Trucks.
"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 U.S.
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
remanufactured components.
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 remanufactured products.
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/
.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
SOURCE ArvinMeritor, Inc.
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Related links:
http://www.arvinmeritor.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/762401.html /
CONTACT:
Media, D. Mike Pennington, +1-248-435-1933,
david.pennington@arvinmeritor.com; or Investors, Terry Huch,
+1-248-435-9426, terry.huch@arvinmeritor.com
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