ArvinMeritor finalizes sale of Meritor Suspension JV

December 2009
Trailer / Body Builders;Dec2009, Vol. 51 Issue 2, p12
Trade Publication
The article reports that ArvinMeritor Inc. has finalized the sale of its 57% stake in the Meritor Suspension System Co. (MSSC) joint venture. For an estimated 13 million U.S. dollars, Mitsubishi Steel Manufacturing Ltd. (MSM) acquired the stake of ArvinMeritor in the joint venture. ArvinMeritor chairman, chief executive officer and president Chip McClure also comments on the significance of the deal for the operation of his company.


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