Ciénega de Flores,
Nuevo Leon, Mexico (Aug. 26, 2008) — 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 García, Mayor, Ciénega
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/. Editor’s
Note: High-resolution photos can be downloaded from ArvinMeritor's Photo
Library at http://www.arvinmeritor.com/media_room/photo_library.asp.
CONTACTS: Media Inquiries
Krista McClure
(248) 435-7115
krista.mcclure@arvinmeritor.com
D. Mike Pennington
248-435-1933
david.pennington@arvinmeritor.com
Investor Inquiries
Terry Huch
(248) 435-9426
terry.huch@arvinmeritor.com