Meritor Snapshot
Whether it's building axles or drum brakes for big rigs or buses, this company's products are meritorious. Meritor (formerly ArvinMeritor) makes products such as axles, brakes, drivelines, suspension systems, undercarriages, and aftermarket transmissions for commercial truck, trailer, off-highway, construction, military, bus, and specialty vehicle manufacturers. It also makes U-joints, shafts, clutches, and ABS and stability control systems. The company draws about 60% of its revenues from outside the US, counting VW, GM, Ford, Peugeot, and BMW as customers. In order to focus on the more profitable commercial vehicle and industrial market segments, Meritor divested its Light Vehicle Systems (LVS) business in 2010.