Meritor, Inc. (NYSE: MTOR) is a corporation headquartered in Troy, Michigan which manufactures automobile components for light service vehicles, trucks, and trailers. Meritor is a Fortune 500 company.[1]
In 1997, Rockwell International spun off its automotive business as Meritor. In 2000, ArvinMeritor formed from the merger of Meritor Automotive, Inc., and Arvin Industries, Inc.[2]
On February 1, 2011, it was announced that the company would revert its name back to Meritor, Inc. at the Mid-American Truck Show in late March. [3]The name change was successfully completed and launched on March 30, 2011.
Meritor, Inc., formerly ArvinMeritor, Inc., incorporated in 2000, is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The company serves commercial truck, trailer, off-highway, military, bus and coach and other industrial OEMs and certain aftermarkets, and light vehicle OEMs. It operates in three segments: The Commercial Truck, The Industrial segment and The Aftermarket & Trailer segment. Its products are axles, undercarriages, drivelines, brakes and braking systems, and roofs and door systems. ArvinMeritor serves a range of customers worldwide, including medium- and heavy-duty truck OEMs, specialty vehicle manufacturers, certain aftermarkets, trailer producers and light vehicle OEMs. On August 3, 2010, it entered into an agreement to sell its Body Systems business to an affiliate of Inteva Products, LLC. In January 2011, the Company completed the sale of its Body Systems business to an affiliate of Inteva Products, LLC.
The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, primarily for medium- and heavy-duty trucks in North America, South America and Europe. The Industrial segment supplies drivetrain systems including axles, brakes, drivelines and suspensions for off-highway, military, construction, bus and coach, fire and emergency, and other industrial applications. This segment also includes all the Company’s businesses in Asia-Pacific, including all on- and off-highway activities. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts and other replacement and remanufactured parts, including transmissions, to commercial vehicle aftermarket customers. This segment also supplies a variety of undercarriage products and systems for trailer applications.
Axles, Undercarriage & Drivelines
The Company is a supplier of axles for medium- and heavy-duty commercial vehicles, with axle manufacturing facilities located in North America, South America, Europe and the Asia/Pacific regions. Its truck axle product line includes a range of front steer axles and rear drive axles. Its front steer and rear drive axles can be equipped with cam, wedge or air disc brakes, automatic slack adjusters, complete wheel-end equipment such as hubs, rotors and drums, and anti-lock braking systems (ABS) and stability control and vehicle stability control systems. It supplies heavy-duty axles in certain global regions, for use in numerous off-highway vehicle applications, including construction, material handling, and mining. It also supplies axles for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. These products are designed to tolerate high tonnage and operate under extreme geographical and climate conditions. In addition, it has other off-highway vehicle products that are in development for certain other regions. It also supplies axles for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America, Asia-Pacific and Europe. It manufactures heavy-duty trailer axles. Its trailer axles are available in more than 40 models in capacities from 20,000 to 30,000 pounds for virtually all heavy trailer applications and are available with a of suspension modules, brake products, including drum brakes, disc brakes, anti-lock and trailer stability control systems, and ABS. it supplies universal joints and driveline components, including its Permalube universal joint and RPL Permalube driveline, which are low maintenance, permanently lubricated designs used often in the high mileage on-highway market. It supplies in a variety of global regions, for use in numerous on -highway vehicle applications, including construction, material handling and mining. It supplies transfer cases and drivelines for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies cases for use in specialty vehicles in North America. Anti-lock brakes and stability control systems are also used in military vehicles and specialty vehicles. In addition, it supplies trailer air suspension systems and products in Europe. It also supplies advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles, principally in North America. Through a joint venture, it develops, manufactures and sells truck suspensions, trailer axles and suspensions and related wheel-end products in the South American market.
Brakes and Braking Systems
The Company is a supplier of air brakes to medium- and heavy-duty commercial vehicle manufacturers in North America and Europe. It manufactures a range of foundation air brakes, as well as automatic slack adjusters for brake systems. Its foundation air brake products include cam drum brakes, which offer improved lining life and tractor/trailer interchangeability; air disc brakes, which provide enhanced stopping distance and improved fade resistance for demanding applications; wedge drum brakes, which are lightweight and provide automatic internal wear adjustment; hydraulic brakes, and wheel-end components, such as hubs, drums and rotors. Its brakes and brake system components also are used in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies brakes for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America and Europe, and bus and coach brakes in North America, and brakes for buses and coaches in Asia-Pacific.
Other Products
The Company sells products through its aftermarket distribution channels. These include brake shoes and friction materials; automatic slack adjusters; drive axles, gears and trailer axles; clutches; driveline components; U-joints, yokes and shafts; wheel-end hubs and drums; hydraulic brakes and components; ABS and stability control systems; suspension parts, shock absorbers and air springs, and air brakes, air systems, air dryers and compressors.
The Company competes with Dana Holding Corp., Daimler Truck, American Axle Corporation, China Hande, Ankai, Haldex, WABCO, Brembo, Bendix/Knorr Bremse, ZF, MAN, AxleTech International, Marmon-Herrington, Dana Holding Corp., Knorr, Kessler & Co., Carraro, NAF, Sisu, Hendrickson, BPW, SAF-Holland, Webasto, Inalfa, Aisin, , Intier, Kiekert AG, Mitsui, Valeo, Aisin and Grupo Antolin.
Meritor, Inc., formerly ArvinMeritor, Inc., incorporated in 2000, is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The company serves commercial truck, trailer, off-highway, military, bus and coach and other industrial OEMs and certain aftermarkets, and light vehicle OEMs. It operates in three segments: The Commercial Truck, The Industrial segment and The Aftermarket & Trailer segment. Its products are axles, undercarriages, drivelines, brakes and braking systems, and roofs and door systems. ArvinMeritor serves a range of customers worldwide, including medium- and heavy-duty truck OEMs, specialty vehicle manufacturers, certain aftermarkets, trailer producers and light vehicle OEMs. On August 3, 2010, it entered into an agreement to sell its Body Systems business to an affiliate of Inteva Products, LLC. In January 2011, the Company completed the sale of its Body Systems business to an affiliate of Inteva Products, LLC.
The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, primarily for medium- and heavy-duty trucks in North America, South America and Europe. The Industrial segment supplies drivetrain systems including axles, brakes, drivelines and suspensions for off-highway, military, construction, bus and coach, fire and emergency, and other industrial applications. This segment also includes all the Company’s businesses in Asia-Pacific, including all on- and off-highway activities. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts and other replacement and remanufactured parts, including transmissions, to commercial vehicle aftermarket customers. This segment also supplies a variety of undercarriage products and systems for trailer applications.
Axles, Undercarriage & Drivelines
The Company is a supplier of axles for medium- and heavy-duty commercial vehicles, with axle manufacturing facilities located in North America, South America, Europe and the Asia/Pacific regions. Its truck axle product line includes a range of front steer axles and rear drive axles. Its front steer and rear drive axles can be equipped with cam, wedge or air disc brakes, automatic slack adjusters, complete wheel-end equipment such as hubs, rotors and drums, and anti-lock braking systems (ABS) and stability control and vehicle stability control systems. It supplies heavy-duty axles in certain global regions, for use in numerous off-highway vehicle applications, including construction, material handling, and mining. It also supplies axles for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. These products are designed to tolerate high tonnage and operate under extreme geographical and climate conditions. In addition, it has other off-highway vehicle products that are in development for certain other regions. It also supplies axles for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America, Asia-Pacific and Europe. It manufactures heavy-duty trailer axles. Its trailer axles are available in more than 40 models in capacities from 20,000 to 30,000 pounds for virtually all heavy trailer applications and are available with a of suspension modules, brake products, including drum brakes, disc brakes, anti-lock and trailer stability control systems, and ABS. it supplies universal joints and driveline components, including its Permalube universal joint and RPL Permalube driveline, which are low maintenance, permanently lubricated designs used often in the high mileage on-highway market. It supplies in a variety of global regions, for use in numerous on -highway vehicle applications, including construction, material handling and mining. It supplies transfer cases and drivelines for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies cases for use in specialty vehicles in North America. Anti-lock brakes and stability control systems are also used in military vehicles and specialty vehicles. In addition, it supplies trailer air suspension systems and products in Europe. It also supplies advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles, principally in North America. Through a joint venture, it develops, manufactures and sells truck suspensions, trailer axles and suspensions and related wheel-end products in the South American market.
Brakes and Braking Systems
The Company is a supplier of air brakes to medium- and heavy-duty commercial vehicle manufacturers in North America and Europe. It manufactures a range of foundation air brakes, as well as automatic slack adjusters for brake systems. Its foundation air brake products include cam drum brakes, which offer improved lining life and tractor/trailer interchangeability; air disc brakes, which provide enhanced stopping distance and improved fade resistance for demanding applications; wedge drum brakes, which are lightweight and provide automatic internal wear adjustment; hydraulic brakes, and wheel-end components, such as hubs, drums and rotors. Its brakes and brake system components also are used in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies brakes for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America and Europe, and bus and coach brakes in North America, and brakes for buses and coaches in Asia-Pacific.
Other Products
The Company sells products through its aftermarket distribution channels. These include brake shoes and friction materials; automatic slack adjusters; drive axles, gears and trailer axles; clutches; driveline components; U-joints, yokes and shafts; wheel-end hubs and drums; hydraulic brakes and components; ABS and stability control systems; suspension parts, shock absorbers and air springs, and air brakes, air systems, air dryers and compressors.
The Company competes with Dana Holding Corp., Daimler Truck, American Axle Corporation, China Hande, Ankai, Haldex, WABCO, Brembo, Bendix/Knorr Bremse, ZF, MAN, AxleTech International, Marmon-Herrington, Dana Holding Corp., Knorr, Kessler & Co., Carraro, NAF, Sisu, Hendrickson, BPW, SAF-Holland, Webasto, Inalfa, Aisin, , Intier, Kiekert AG, Mitsui, Valeo, Aisin and Grupo Antolin.
OVERALL
Beta: 3.41
Market Cap (Mil.): $1,621.77
Shares Outstanding (Mil.): 94.23
Annual Dividend: --
Yield (%): --
FINANCIALS
MTOR.N Industry Sector
P/E (TTM): -- 6.49 9.39
EPS (TTM): -103.48 -- --
ROI: 0.58 0.53 0.84
ROE: -- 0.73 1.53
Statistics:
Public Company
Incorporated: 1921 as Indianapolis Pump and Tube Company
Employees: 33,000
Sales: $6.9 billion (2002)
Stock Exchanges: New York
Ticker Symbol: ARM
NAIC: 421120 Motor Vehicle Supplies and New Parts Wholesalers; 332812 Metal Coating, Engraving (Except Jewelry and Silverware), and Allied Services to Manufacturers
Key Dates:
1919: Quintin G. Noblitt founds the Indianapolis Air Pump Company.
1920: Arvin Heater Company is formed.
1921: Indianapolis Air Pump is incorporated as Indianapolis Pump and Tube Company.
1927: Indianapolis Pump and Tube becomes Noblitt-Sparks Industries.
1950: Noblitt-Sparks becomes Arvin Industries Inc.
1961: Arvin Industries opens manufacturing plant in Tennessee.
1976: Arvin debuts ARVEX method of manufacturing thermoplastic parts.
1992: Arvin enters into joint venture, Schmitz & Brill GmbH, to manufacture exhaust systems in Germany.
2000: Arvin Industries is acquired by Meritor Automotive to form a new company, ArvinMeritor, Inc.
Name Age Since Current Position
McClure, Charles 57 2004 Chairman of the Board, President, Chief Executive Officer
Craig, Jeffrey 50 2009 Chief Financial Officer, Senior Vice President
Reinhardt, Carsten 43 2009 Chief Operating Officer, Senior Vice President
Baker, Vernon 57 2001 Senior Vice President, General Counsel
Ott, Larry 51 2010 Senior Vice President - Human Resources
Cummins, Linda 63 2000 Senior Vice President - Communications
Lehmann, Mary 51 2010 Senior Vice President - Treasury and Corporate Development
Novak, Barbara 48 2009 Vice President, Secretary
Bowes, Timothy 47 2009 Vice President, President - Industrial
Mejaly, Joseph 50 2009 Vice President, President - Aftermarket & Trailer
Nowlan, Kevin 38 2010 Controller
Anderson, Joseph 68 2000 Independent Director
Brooks, Rhonda 58 2000 Independent Director
Jackson, Victoria 55 2000 Independent Director
Marley, James 75 2000 Independent Director
Newlin, William 70 2003 Independent Presiding Director
Devonshire, David 65 2004 Independent Director
Rothmeier, Steven 64 2004 Independent Director
Evans, Ivor 68 2005 Independent Director
Address:
2135 W. Maple Rd.
Troy, Michigan 48084-7186
U.S.A.
In 1997, Rockwell International spun off its automotive business as Meritor. In 2000, ArvinMeritor formed from the merger of Meritor Automotive, Inc., and Arvin Industries, Inc.[2]
On February 1, 2011, it was announced that the company would revert its name back to Meritor, Inc. at the Mid-American Truck Show in late March. [3]The name change was successfully completed and launched on March 30, 2011.
Meritor, Inc., formerly ArvinMeritor, Inc., incorporated in 2000, is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The company serves commercial truck, trailer, off-highway, military, bus and coach and other industrial OEMs and certain aftermarkets, and light vehicle OEMs. It operates in three segments: The Commercial Truck, The Industrial segment and The Aftermarket & Trailer segment. Its products are axles, undercarriages, drivelines, brakes and braking systems, and roofs and door systems. ArvinMeritor serves a range of customers worldwide, including medium- and heavy-duty truck OEMs, specialty vehicle manufacturers, certain aftermarkets, trailer producers and light vehicle OEMs. On August 3, 2010, it entered into an agreement to sell its Body Systems business to an affiliate of Inteva Products, LLC. In January 2011, the Company completed the sale of its Body Systems business to an affiliate of Inteva Products, LLC.
The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, primarily for medium- and heavy-duty trucks in North America, South America and Europe. The Industrial segment supplies drivetrain systems including axles, brakes, drivelines and suspensions for off-highway, military, construction, bus and coach, fire and emergency, and other industrial applications. This segment also includes all the Company’s businesses in Asia-Pacific, including all on- and off-highway activities. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts and other replacement and remanufactured parts, including transmissions, to commercial vehicle aftermarket customers. This segment also supplies a variety of undercarriage products and systems for trailer applications.
Axles, Undercarriage & Drivelines
The Company is a supplier of axles for medium- and heavy-duty commercial vehicles, with axle manufacturing facilities located in North America, South America, Europe and the Asia/Pacific regions. Its truck axle product line includes a range of front steer axles and rear drive axles. Its front steer and rear drive axles can be equipped with cam, wedge or air disc brakes, automatic slack adjusters, complete wheel-end equipment such as hubs, rotors and drums, and anti-lock braking systems (ABS) and stability control and vehicle stability control systems. It supplies heavy-duty axles in certain global regions, for use in numerous off-highway vehicle applications, including construction, material handling, and mining. It also supplies axles for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. These products are designed to tolerate high tonnage and operate under extreme geographical and climate conditions. In addition, it has other off-highway vehicle products that are in development for certain other regions. It also supplies axles for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America, Asia-Pacific and Europe. It manufactures heavy-duty trailer axles. Its trailer axles are available in more than 40 models in capacities from 20,000 to 30,000 pounds for virtually all heavy trailer applications and are available with a of suspension modules, brake products, including drum brakes, disc brakes, anti-lock and trailer stability control systems, and ABS. it supplies universal joints and driveline components, including its Permalube universal joint and RPL Permalube driveline, which are low maintenance, permanently lubricated designs used often in the high mileage on-highway market. It supplies in a variety of global regions, for use in numerous on -highway vehicle applications, including construction, material handling and mining. It supplies transfer cases and drivelines for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies cases for use in specialty vehicles in North America. Anti-lock brakes and stability control systems are also used in military vehicles and specialty vehicles. In addition, it supplies trailer air suspension systems and products in Europe. It also supplies advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles, principally in North America. Through a joint venture, it develops, manufactures and sells truck suspensions, trailer axles and suspensions and related wheel-end products in the South American market.
Brakes and Braking Systems
The Company is a supplier of air brakes to medium- and heavy-duty commercial vehicle manufacturers in North America and Europe. It manufactures a range of foundation air brakes, as well as automatic slack adjusters for brake systems. Its foundation air brake products include cam drum brakes, which offer improved lining life and tractor/trailer interchangeability; air disc brakes, which provide enhanced stopping distance and improved fade resistance for demanding applications; wedge drum brakes, which are lightweight and provide automatic internal wear adjustment; hydraulic brakes, and wheel-end components, such as hubs, drums and rotors. Its brakes and brake system components also are used in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies brakes for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America and Europe, and bus and coach brakes in North America, and brakes for buses and coaches in Asia-Pacific.
Other Products
The Company sells products through its aftermarket distribution channels. These include brake shoes and friction materials; automatic slack adjusters; drive axles, gears and trailer axles; clutches; driveline components; U-joints, yokes and shafts; wheel-end hubs and drums; hydraulic brakes and components; ABS and stability control systems; suspension parts, shock absorbers and air springs, and air brakes, air systems, air dryers and compressors.
The Company competes with Dana Holding Corp., Daimler Truck, American Axle Corporation, China Hande, Ankai, Haldex, WABCO, Brembo, Bendix/Knorr Bremse, ZF, MAN, AxleTech International, Marmon-Herrington, Dana Holding Corp., Knorr, Kessler & Co., Carraro, NAF, Sisu, Hendrickson, BPW, SAF-Holland, Webasto, Inalfa, Aisin, , Intier, Kiekert AG, Mitsui, Valeo, Aisin and Grupo Antolin.
Meritor, Inc., formerly ArvinMeritor, Inc., incorporated in 2000, is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The company serves commercial truck, trailer, off-highway, military, bus and coach and other industrial OEMs and certain aftermarkets, and light vehicle OEMs. It operates in three segments: The Commercial Truck, The Industrial segment and The Aftermarket & Trailer segment. Its products are axles, undercarriages, drivelines, brakes and braking systems, and roofs and door systems. ArvinMeritor serves a range of customers worldwide, including medium- and heavy-duty truck OEMs, specialty vehicle manufacturers, certain aftermarkets, trailer producers and light vehicle OEMs. On August 3, 2010, it entered into an agreement to sell its Body Systems business to an affiliate of Inteva Products, LLC. In January 2011, the Company completed the sale of its Body Systems business to an affiliate of Inteva Products, LLC.
The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, primarily for medium- and heavy-duty trucks in North America, South America and Europe. The Industrial segment supplies drivetrain systems including axles, brakes, drivelines and suspensions for off-highway, military, construction, bus and coach, fire and emergency, and other industrial applications. This segment also includes all the Company’s businesses in Asia-Pacific, including all on- and off-highway activities. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts and other replacement and remanufactured parts, including transmissions, to commercial vehicle aftermarket customers. This segment also supplies a variety of undercarriage products and systems for trailer applications.
Axles, Undercarriage & Drivelines
The Company is a supplier of axles for medium- and heavy-duty commercial vehicles, with axle manufacturing facilities located in North America, South America, Europe and the Asia/Pacific regions. Its truck axle product line includes a range of front steer axles and rear drive axles. Its front steer and rear drive axles can be equipped with cam, wedge or air disc brakes, automatic slack adjusters, complete wheel-end equipment such as hubs, rotors and drums, and anti-lock braking systems (ABS) and stability control and vehicle stability control systems. It supplies heavy-duty axles in certain global regions, for use in numerous off-highway vehicle applications, including construction, material handling, and mining. It also supplies axles for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. These products are designed to tolerate high tonnage and operate under extreme geographical and climate conditions. In addition, it has other off-highway vehicle products that are in development for certain other regions. It also supplies axles for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America, Asia-Pacific and Europe. It manufactures heavy-duty trailer axles. Its trailer axles are available in more than 40 models in capacities from 20,000 to 30,000 pounds for virtually all heavy trailer applications and are available with a of suspension modules, brake products, including drum brakes, disc brakes, anti-lock and trailer stability control systems, and ABS. it supplies universal joints and driveline components, including its Permalube universal joint and RPL Permalube driveline, which are low maintenance, permanently lubricated designs used often in the high mileage on-highway market. It supplies in a variety of global regions, for use in numerous on -highway vehicle applications, including construction, material handling and mining. It supplies transfer cases and drivelines for use in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies cases for use in specialty vehicles in North America. Anti-lock brakes and stability control systems are also used in military vehicles and specialty vehicles. In addition, it supplies trailer air suspension systems and products in Europe. It also supplies advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles, principally in North America. Through a joint venture, it develops, manufactures and sells truck suspensions, trailer axles and suspensions and related wheel-end products in the South American market.
Brakes and Braking Systems
The Company is a supplier of air brakes to medium- and heavy-duty commercial vehicle manufacturers in North America and Europe. It manufactures a range of foundation air brakes, as well as automatic slack adjusters for brake systems. Its foundation air brake products include cam drum brakes, which offer improved lining life and tractor/trailer interchangeability; air disc brakes, which provide enhanced stopping distance and improved fade resistance for demanding applications; wedge drum brakes, which are lightweight and provide automatic internal wear adjustment; hydraulic brakes, and wheel-end components, such as hubs, drums and rotors. Its brakes and brake system components also are used in medium- and heavy-duty military tactical wheeled vehicles, principally in North America. It also supplies brakes for use in buses, coaches and recreational vehicles, fire trucks and other specialty vehicles in North America and Europe, and bus and coach brakes in North America, and brakes for buses and coaches in Asia-Pacific.
Other Products
The Company sells products through its aftermarket distribution channels. These include brake shoes and friction materials; automatic slack adjusters; drive axles, gears and trailer axles; clutches; driveline components; U-joints, yokes and shafts; wheel-end hubs and drums; hydraulic brakes and components; ABS and stability control systems; suspension parts, shock absorbers and air springs, and air brakes, air systems, air dryers and compressors.
The Company competes with Dana Holding Corp., Daimler Truck, American Axle Corporation, China Hande, Ankai, Haldex, WABCO, Brembo, Bendix/Knorr Bremse, ZF, MAN, AxleTech International, Marmon-Herrington, Dana Holding Corp., Knorr, Kessler & Co., Carraro, NAF, Sisu, Hendrickson, BPW, SAF-Holland, Webasto, Inalfa, Aisin, , Intier, Kiekert AG, Mitsui, Valeo, Aisin and Grupo Antolin.
OVERALL
Beta: 3.41
Market Cap (Mil.): $1,621.77
Shares Outstanding (Mil.): 94.23
Annual Dividend: --
Yield (%): --
FINANCIALS
MTOR.N Industry Sector
P/E (TTM): -- 6.49 9.39
EPS (TTM): -103.48 -- --
ROI: 0.58 0.53 0.84
ROE: -- 0.73 1.53
Statistics:
Public Company
Incorporated: 1921 as Indianapolis Pump and Tube Company
Employees: 33,000
Sales: $6.9 billion (2002)
Stock Exchanges: New York
Ticker Symbol: ARM
NAIC: 421120 Motor Vehicle Supplies and New Parts Wholesalers; 332812 Metal Coating, Engraving (Except Jewelry and Silverware), and Allied Services to Manufacturers
Key Dates:
1919: Quintin G. Noblitt founds the Indianapolis Air Pump Company.
1920: Arvin Heater Company is formed.
1921: Indianapolis Air Pump is incorporated as Indianapolis Pump and Tube Company.
1927: Indianapolis Pump and Tube becomes Noblitt-Sparks Industries.
1950: Noblitt-Sparks becomes Arvin Industries Inc.
1961: Arvin Industries opens manufacturing plant in Tennessee.
1976: Arvin debuts ARVEX method of manufacturing thermoplastic parts.
1992: Arvin enters into joint venture, Schmitz & Brill GmbH, to manufacture exhaust systems in Germany.
2000: Arvin Industries is acquired by Meritor Automotive to form a new company, ArvinMeritor, Inc.
Name Age Since Current Position
McClure, Charles 57 2004 Chairman of the Board, President, Chief Executive Officer
Craig, Jeffrey 50 2009 Chief Financial Officer, Senior Vice President
Reinhardt, Carsten 43 2009 Chief Operating Officer, Senior Vice President
Baker, Vernon 57 2001 Senior Vice President, General Counsel
Ott, Larry 51 2010 Senior Vice President - Human Resources
Cummins, Linda 63 2000 Senior Vice President - Communications
Lehmann, Mary 51 2010 Senior Vice President - Treasury and Corporate Development
Novak, Barbara 48 2009 Vice President, Secretary
Bowes, Timothy 47 2009 Vice President, President - Industrial
Mejaly, Joseph 50 2009 Vice President, President - Aftermarket & Trailer
Nowlan, Kevin 38 2010 Controller
Anderson, Joseph 68 2000 Independent Director
Brooks, Rhonda 58 2000 Independent Director
Jackson, Victoria 55 2000 Independent Director
Marley, James 75 2000 Independent Director
Newlin, William 70 2003 Independent Presiding Director
Devonshire, David 65 2004 Independent Director
Rothmeier, Steven 64 2004 Independent Director
Evans, Ivor 68 2005 Independent Director
Address:
2135 W. Maple Rd.
Troy, Michigan 48084-7186
U.S.A.