Meritor Inc (MTOR)
NYSE NYSE Primary Summary
MTOR Chart
Meritor Inc Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| AG Anne Goffard Artal Group S.A. | 1.75M | $9.13M | $63.88M | $54.74M | 599.23% |
| WAW Weber Alan W Jb Capital Partners LP | 72,600 | $2.14M | $2.65M | $514,008 | 24.07% |
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Meritor Inc Profile
| Automobile Components Industry | Consumer Discretionary Sector | Jeffrey Craig CEO | NYSE Exchange | 59001K100 CUSIP |
| US Country | 9,600 Employees | 20 Nov 2008 Last Dividend | 10 Jul 2000 Last Split | - IPO Date |
Overview
Meritor, Inc. is a global enterprise specializing in a diverse array of integrated systems, modules, and components, encompassing their design, development, manufacturing, marketing, distribution, sale, servicing, and support. The company operates extensively across North America, South America, Europe, and the Asia Pacific region. Meritor's business is divided into two primary divisions: Commercial Truck, and Aftermarket and Industrial. With a rich history dating back to 1909, and having rebranded from ArvinMeritor, Inc. to Meritor, Inc. in March 2011, the company is headquartered in Troy, Michigan.
Products and Services
- Axles: Meritor provides a range of axles including front steer and rear drive axles designed for medium and heavy commercial vehicles, as well as robust heavy-duty trailer axles, ensuring optimized performance in diverse driving conditions.
- Suspension Modules: The company offers advanced suspension modules tailored for improving vehicle stability and ride comfort in various commercial applications.
- Brake Systems: Meritor furnishes various brake systems including drum and disc brakes, designed to enhance vehicle safety and control. Key components offered include cam drum, wedge drum, air disc brakes, and essential wheel-end components such as hubs, drums, and rotors.
- Driveline Components: This includes universal joints, driveline assemblies, and transfer cases that ensure efficient power transfer and performance across vehicle types.
- Trailer Air Suspension Systems: Specialized air suspension systems designed for trailers support load stability and improve ride quality for both light and heavy-duty applications.
- Electric Drive Systems: Meritor ventures into advanced propulsion with electric systems comprising electric motors, inverters, power electronics, battery packs, and control software, primarily for terminal tractors and heavy-duty trucks and buses.
- Aftermarket Products: In addition to their core offerings, Meritor distributes a range of supplementary products, including brake shoes, friction materials, automatic slack adjusters, air springs, shock absorbers, and ABS systems, ensuring comprehensive support for vehicle maintenance and repair.
Meritor markets its products under well-known brands such as Meritor, Euclid, Trucktechnic, US Gear, AxleTech, and Mach. Its clientele mainly consists of original equipment manufacturers (OEMs), dealership networks, independent distributors, and service garages within the aftermarket sector, reinforcing its position as a pivotal player in the commercial vehicle space.
