CIENEGA DE FLORES, Nuevo Leon, Mexico, Aug. 26 /PRNewswire/ --
ArvinMeritor, Inc. (NYSE: ARM) dedicated a new $30-million manufacturing
facility in this industrial city in northern Mexico, in a formal ceremony
today. Equipped with the latest manufacturing technology, the plant is a
state-of-the-art component production operation offering greater
efficiencies and the highest quality components.
The 400,000-square-foot facility, which was completed in just nine
months, will eventually employ 500 people. Today it employs 146 persons.
"We are making a significant investment in our production capacity and
our capabilities to support our customers' needs," said Carsten Reinhardt,
president, Commercial Vehicle Systems (CVS), ArvinMeritor.
"We have designed this facility - the first, all-new commercial axle
manufacturing plant in 19 years - with a variety of breakthrough
technologies, which will help establish ArvinMeritor with a world-class
capability in gear-cutting and axle assembly. It will also provide a
competitive edge by increasing our production capacity, enhancing the
quality performance, and giving us greater flexibility in the manufacturing
processes," said Reinhardt.
Initially, the plant will produce bevel gearing and front non-drive
steer axle assemblies for U.S. and Canadian truck OEM assembly plants. The
components also will support other U.S.-based ArvinMeritor assembly sites.
The facility will provide the infrastructure to support targeted growth
areas in off-highway components and the commercial vehicle aftermarket.
Special guests at the dedication were Alejandro Paez Aragon, Secretary
of Economic Development, Nuevo Leon, and Miguel Angel Quiroga Garcia,
Mayor, Cienega de Flores.
Reinhardt told the 100-plus guests at the ceremony that ArvinMeritor is
proud to be partnering with local contractors and companies and continues
to be committed to the communities in which it operates.
ArvinMeritor's commercial vehicle business also supplies customers from
its aftermarket warehouse and distribution center in nearby Escobedo. A
long-standing joint venture, Sistemas Automotrices de Mexico (Sisamex),
also in Monterrey, manufactures axles, brakes and drivelines primarily for
the Mexican market.
The company's light vehicle operations also have production facilities
in Queretaro, Puebla and San Luis Potosi, Mexico.
About ArvinMeritor
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, Krista McClure, +1-248-435-7115,
krista.mcclure@arvinmeritor.com, or D. Mike Pennington,
+1-248-435-1933, david.pennington@arvinmeritor.com, or Investors,
Terry Huch, +1-248-435-9426, terry.huch@arvinmeritor.com, all of
ArvinMeritor, Inc.
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