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Meritor

Meritor, Inc. has entered into an agreement with an affiliate of The Carlyle Group, under which Meritor will acquire AxleTech for approximately $175 million in cash.

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Meritor Reaches Agreements with Manitowoc, Wabash

Meritor, Inc. announced a new strategic supply agreement with The Manitowoc Co., Inc., as well as the fact that various products have been selected as standard position and as preferred options on all Wabash National Corp. dry and refrigerated van trailer products.

Meritor Offers 13X Axle on International Trucks

Meritor has announced that its 13X single-drive axle will become standard equipment on the International DuraStar in July. The axle will also be available as an option on other International medium-duty trucks.

Meritor Names New President and COO

Meritor, Inc. has announced the appointment of Jay Craig as president and chief operating officer (COO), effective June 9. Craig will report directly to Ike Evans, chairman and CEO.

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