ARVINMERITOR SELLS OFF-HIGHWAY AXLE BUSINESS

News Story
- 21 Nov 2002 ( #84 ) - TROY, United States
<1 min read
ArvinMeritor, Inc has sold its off-highway axle business, which principally manufactures planetary axles for off-road applications, to AxleTech International.

The sale includes manufacturing sites in Wisconsin, USA, and France, and its planetary axle operations in Osasco, Brazil, and Seoul, Korea. Terms of the sale were not released.

ArvinMeritor spokesman Tom Gosnell said the sale excluded the company's drive-train, trailer axle, suspensions and specialty products businesses, and a joint-venture interest in China.

ArvinMeritor is a global supplier of integrated systems, modules and components to the motor vehicle industry. The company serves materials handling equipment, light vehicle, commercial truck, trailer and specialty original equipment manufacturers.
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ROYPOW
Manufacturer of lithium forklift battery solutions, the global leader in the market of lithium batteries replacing lead acid batteries.

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Whether you have low or high volumes of container movements, we have a container handling solution that will suit your business. With high quality, superior design, and a range of safety features, our light-weight straddle carriers are used across a variety of industries including logistics and transport, glass, steel, food, customs and border protection, and import and export.

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