• For the Driver
  • Refrigerated Transporter
  • HD Pickup & Van
  • Social Media
  • Subscribe
  • In Print
    1. News

    ArvinMeritor selling off-highway axle business

    Nov. 5, 2002
    ArvinMeritor Inc. announced it has reached agreement for the sale of its off-highway axle business, which principally manufactures planetary axles for off-road applications, to AxleTech International. The sale includes manufacturing sites at Oshkosh, WI, and St. Etienne, France, and the planetary axle operations in Osasco, Brazil, and Seoul, Korea. The sale excludes ArvinMeritor's interest in its
    ArvinMeritor Inc. announced it has reached agreement for the sale of its off-highway axle business, which principally manufactures planetary axles for off-road applications, to AxleTech International.

    The sale includes manufacturing sites at Oshkosh, WI, and St. Etienne, France, and the planetary axle operations in Osasco, Brazil, and Seoul, Korea. The sale excludes ArvinMeritor's interest in its joint venture operations in Xuzhou, China.

    Terms of the sale were not disclosed. The closing of the sale will take place pending certain regulatory approvals.

    About the Author

    Tim Parry

    Voice your opinion!

    To join the conversation, and become an exclusive member of FleetOwner, create an account today!

    Continue Reading

    Sponsored Recommendations

    Protect Your Drivers Against Heat-Related Injuries & Stress

    Industry research reports an average of 2,700 annual heat-related incidents that resulted in days away from work. Ensuring driver performance and safety against heat stress starts...

    Going Mobile: Guide To Starting A Heavy-Duty Repair Shop

    Discover if starting a heavy-duty mobile repair business is right for you. Learn the ins and outs of licensing, building, and marketing your mobile repair shop.

    Expert Answers to every fleet electrification question

    Just ask ABM—the authority on reliable EV integration

    Route Optimization Mastery: Unleash Your Fleet's Potential

    Master the road ahead and discover key considerations to elevate your delivery performance