Meritor Acquires AA Gear & Manufacturing
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Meritor, Inc. has recently acquired substantially all of the assets of AA Gear & Manufacturing, Inc. (¡°AAG¡±) and its subsidiaries.<br />
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Headquartered in Howell, Michigan, AAG is a privately-held manufacturer that provides low-to-medium volume batch manufacturing for complex gear and shaft applications, as well as quick-turnaround prototyping solutions and emergency plant support. The company has a strong manufacturing engineering team with a reputation for solving customers¡¯ technical issues as a means to building long-term customer relationships. Those relationships include some of the world¡¯s leading manufacturers across a wide range of attractive end markets including agriculture, construction, heavy truck, diversified industrial and automotive.<br />
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¡°The addition of AAG will provide our components business with increased technical capabilities that will enable Meritor to offer new products and applications and to accelerate our components growth strategy,¡± said Kevin Nowlan, senior vice president and president, trailer, components and chief financial fficer. ¡°We are confident that AAG will fit seamlessly into our Components business, and we look forward to working together to serve our customers, drive operational excellence and achieve our growth objectives.¡±<br />
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02 Aug,2018