LAS VEGAS, Jan. 18, 2011 /PRNewswire/ -- ArvinMeritor, Inc.
(NYSE: ARM) today announced during its press conference at the
Heavy Duty Aftermarket Week in Las Vegas,
Nev. that it will offer multiple logistics services to
customers through a new business segment called Meritor
Aftermarket Services.
Through this new business, the company will
address customers' needs for value-added warehousing and
distribution facets of the third-party logistics marketplace.
Meritor Aftermarket Services – which launches initially in
North America – will be an
important addition to the company's existing Aftermarket and
Trailer business.
"This is an important step in our aftermarket evolution," said
Joe Mejaly, president of
ArvinMeritor's Aftermarket and Trailer business. "We will now offer
companies in the industrial and commercial vehicle markets the
opportunity to leverage our recognized strengths in material
planning, quality, packaging, distribution and value-added services
globally."
"This new segment creates the opportunity for us to become a
major player in the global third-party logistics marketplace," said
Craig Cartmill, general manager,
Worldwide Aftermarket Operations for ArvinMeritor. "We are uniquely
positioned to use our strong North American presence and brand
recognition to launch this business segment. And, as we continue to
develop our global infrastructure, we will be prepared for
additional business opportunities and expansion in the third-party
logistics marketplace," said Cartmill.
Tim Bauer is appointed director
of Business Development for the new segment and will lead the
global market strategy implementation. Bauer has been with
ArvinMeritor for twenty years. Paul
Nyers, who also has extensive management experience at
ArvinMeritor, has been appointed sales manager. Both are
supported by an experienced global Aftermarket operations team.
To learn more about Meritor Aftermarket Services, visit the
website at aftermarketservices.arvinmeritor.com.
About ArvinMeritor
Headquartered in Troy, Mich.,
U.S., ArvinMeritor is a global supplier of a broad portfolio of
axle, brake and suspension solutions to original equipment
manufacturers and the aftermarket for the transportation and
industrial sectors. The company serves commercial truck, trailer,
bus & coach and off-highway machinery manufacturers, in
addition to defense contractors. ArvinMeritor marked its centennial
anniversary in 2009, celebrating a long history of forward
thinking. Common stock is traded on the New York Stock Exchange
under the ticker symbol ARM. For important information about
the company, visit ArvinMeritor's Web site at
www.arvinmeritor.com.
(Logo:
http://photos.prnewswire.com/prnh/20010524/ARVINLOGO )
SOURCE ArvinMeritor, Inc.