Meritor
Meritor, Inc. is an American corporation headquartered in Troy, Michigan, which manufactures automobile components for military suppliers, trucks, and trailers. Meritor is a Fortune 500 company.
Formerly | ArvinMeritor |
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Company type | Subsidiary |
NYSE: MTOR | |
Industry | Commercial vehicles systems and components |
Predecessor | Rockwell International |
Headquarters | , U.S. |
Number of locations | 39 sites (2016) |
Area served | Worldwide |
Key people | Chris Villavarayan (CEO) |
Revenue |
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Total assets |
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Total equity |
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Number of employees | 8,200 (2017) |
Parent | Cummins |
Divisions |
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Website | www |
In 1997, Rockwell International spun off its automotive business as Meritor. In 2000, ArvinMeritor was formed from the merger of Meritor Automotive, Inc., and Arvin Industries, Inc.
On February 1, 2011, the company announced that it would revert its name to Meritor, Inc. in late March. The name change was successfully completed and launched on March 30, 2011.
On February 22, 2022, Cummins announced to acquire Meritor for $3.7 billion. The acquisition closed on August 3 of that year.
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