CIENEGA DE FLORES, Nuevo Leon, Mexico, Aug. 26 /PRNewswire/ --
ArvinMeritor, Inc. (NYSE: ARM) dedicated a new $30-million manufacturing
facility in this industrial city in northern Mexico, in a formal ceremony
today. Equipped with the latest manufacturing technology, the plant is a
state-of-the-art component production operation offering greater efficiencies
and the highest quality components.
The 400,000-square-foot facility, which was completed in just nine months,
will eventually employ 500 people. Today it employs 146 persons.
'We are making a significant investment in our production capacity and our
capabilities to support our customers' needs,' said Carsten Reinhardt,
president, Commercial Vehicle Systems (CVS), ArvinMeritor.
'We have designed this facility - the first, all-new commercial axle
manufacturing plant in 19 years - with a variety of breakthrough technologies,
which will help establish ArvinMeritor with a world-class capability in
gear-cutting and axle assembly. It will also provide a competitive edge by
increasing our production capacity, enhancing the quality performance, and
giving us greater flexibility in the manufacturing processes,' said Reinhardt.
Initially, the plant will produce bevel gearing and front non-drive steer
axle assemblies for U.S. and Canadian truck OEM assembly plants. The
components also will support other U.S.-based ArvinMeritor assembly sites.
The facility will provide the infrastructure to support targeted growth areas
in off-highway components and the commercial vehicle aftermarket.
Special guests at the dedication were Alejandro Paez Aragon, Secretary of
Economic Development, Nuevo Leon, and Miguel Angel Quiroga Garcia, Mayor,
Cienega de Flores.
Reinhardt told the 100-plus guests at the ceremony that ArvinMeritor is
proud to be partnering with local contractors and companies and continues to
be committed to the communities in which it operates.
ArvinMeritor's commercial vehicle business also supplies customers from
its aftermarket warehouse and distribution center in nearby Escobedo. A
long-standing joint venture, Sistemas Automotrices de Mexico (Sisamex), also
in Monterrey, manufactures axles, brakes and drivelines primarily for the
Mexican market.
The company's light vehicle operations also have production facilities in
Queretaro, Puebla and San Luis Potosi, Mexico.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules and components to the motor vehicle industry. The
company serves commercial truck, trailer and specialty original equipment
manufacturers and certain aftermarkets, and light vehicle manufacturers.
Headquartered in Troy, Mich., ArvinMeritor employs approximately 18,000 people
in 24 countries. ArvinMeritor common stock is traded on the New York Stock
Exchange under the ticker symbol ARM. For more information, visit the
company's Web site at: http://www.arvinmeritor.com/ .
(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
SOURCE ArvinMeritor, Inc.