This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Meritor Remanufactured Brake Shoes Recognized By Frost & Sullivan For Product Quality Leadership

Stocks in this article: MTOR

TROY, Mich., Jan. 22, 2013 /PRNewswire/ --  Meritor's Aftermarket business has been awarded the prestigious 2012 North American Industry Product Quality Leadership Award by Frost & Sullivan for the company's remanufactured brake shoes.

"We recognize that the production of high quality remanufactured brakes is a constant challenge for the heavy-duty trucking industry," said Janardan Damani, research analyst, Frost & Sullivan. "The North American remanufactured brakes aftermarket and its participants currently face several hurdles because brakes not only require immediate replacement but can also cause irreversible, extensive damage to trucks and increase the risk of accidents.

"A major concern for the participants of remanufactured brakes has been imports from low-cost countries. However, due to the high cost of testing and product development on the manufacturer side, low-cost countries typically feature compromises in design and product life. Second, price is the most important competitive factor in this market, and it complicates suppliers' efforts to improve their products and develop unique advantages."

The award was announced here at the industry's largest event, Heavy Duty Aftermarket Week in Las Vegas.

"We are extremely proud of this recognition for our breakthrough product, but more than that, we're so grateful that we could respond to our customers with a product that works and addresses a long-standing problem in brake shoes – rustjacking," said Terry Livingston, general manager, Global Product Management and Shared Services, Aftermarket & Trailer, Meritor.

According to Frost & Sullivan, "Meritor stands out from the crowd for its leading position in providing innovative braking solutions for original equipment manufacturers of trucks. Leveraging its global production base and supply chain, Meritor has established itself as a leader in brake (shoe) (re)manufacturing."

More than 15 million Meritor remanufactured brake shoes have been sold to North American truck operators since it introduced them in the spring of 2009.  

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs