TROY, Mich. (Nov. 26,
2003) — ArvinMeritor, Inc. (NYSE:
ARM) announced today it will locate a Light Vehicle Systems
(LVS) Customer Value Center (CVC) in Montgomery, Ala. The 44,000-square-foot
CVC, which will serve Hyundai Motor Company with finished door module
assemblies, is scheduled to open in February 2004. The facility will employ
approximately 100 people at full capacity.
“After a comprehensive search of the greater
Montgomery area, ArvinMeritor decided to locate its door module CVC at this
site, because it is only three miles from the Hyundai facility,” said Russell
Carter, ArvinMeritor’s LVS general manager of Door Systems Americas. “We
are also working with the local officials to coordinate our hiring and training
requirements, with an initial search to begin summer 2004.”
On Oct. 1, ArvinMeritor announced the new business
award of one million door modules per year for Hyundai Motor Company’s North
American production of Sonata and Santa Fe models beginning in
2005.
ArvinMeritor’s Light Vehicle Systems (LVS) business
group is a global supplier of integrated systems and modules to the world’s
leading passenger car and light truck OEMs. With advanced technology and systems
design expertise in apertures, undercarriage and emissions control, LVS
integrates high-quality components into cost-effective, performance-based
solutions available for virtually every car and light truck on the road
today.
ArvinMeritor, Inc. is a premier $8-billion
global supplier of a broad range of integrated systems, modules and components
to the motor vehicle industry. The company serves light vehicle, commercial
truck, trailer and specialty original equipment manufacturers and related
aftermarkets. Headquartered in Troy, Mich., ArvinMeritor employs approximately
32,000 people at more than 150 manufacturing facilities in 27 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/.
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