Meritor Announces Five-Year Axle and Brake Agreement with Navistar
Meritor, Inc. (NYSE: MTOR) announced a new five-year agreement with Navistar on March 31, 2016. Under the terms of the agreement, Meritor retains standard position for brakes and rear axles, as well as standard position for front axles in severe service, medium-duty and bus applications.
"This new contract signifies our continued partnership with this important customer," said Chris Villavarayan, president, Americas for Meritor. "As we launch our M2019 strategy this year, this business builds on the strong foundation we've established to supply Meritor products to the leading truck manufacturers around the world and provides further opportunities for growth."
Share your remanufacturing stories with us
Do you have an innovation, research results or an other interesting topic you would like to share with the remanufacturing industry? The Rematec website and social media channels are a great platform to showcase your stories!
Please contact our Brand Marketing Manager Evelien Feijen.
Are you an Rematec exhibitor?
Make sure you add your latest press releases to your Company Profile in the Exhibitor Portal for free exposure.
Receive the best newsletter on remanufacturing - straight to your inbox!