Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay ...
LAS VEGAS, Nev. — Meritor introduced during Heavy-Duty Aftermarket Week new and updated products designed to improve safety and efficiency. Among them was a new line of Meritor-branded aftermarket ...
The federal government arrested an Indiana couple for allegedly using insider information to profit from Cummins’s $3.7 ...
This article will reflect on the compensation paid to Jay Craig who has served as CEO of Meritor, Inc. (NYSE:MTOR) since 2015. This analysis will also evaluate the appropriateness of CEO compensation ...
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 ...
[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 ...
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, Tuesday at the North America Commercial Vehicle Show in Atlanta, detailed enhancements to its 14X HE linehaul tandem drive axle, and added two more drive axles to its high-efficiency line of ...
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 ...
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 ...
Shares of Meritor Inc. rocketed 43.3% in premarket trading Tuesday, after the commercial truck and industrial equipment maker announced an agreement to be acquired by Cummins Inc. in a cash deal ...