TROY, Mich., July 17, 2013 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) earned its fourth consecutive Quality Achievement Award from PACCAR, Inc. The award is one of the industry's most demanding for parts and component quality and recognizes suppliers that have achieved a defect rate of 50 parts per million (PPM) or less during 2012.
Four Meritor manufacturing facilities received PACCAR's 2012 Quality Achievement Award: Forest City, N.C.; Cienega, Mexico; Frankfort, Ky.; and Sisamex, the company's joint venture with Quimmco in Monterrey, Mexico.
"Earning this award for several years at multiple manufacturing sites underscores our deep commitment to providing customers with the highest-quality components in the industry," said Wayne Watson, general manager, Commercial Vehicle Systems Operations, North America, Meritor. "Drivers can be confident in the reliability and performance of Meritor parts."
Meritor supplies axles, braking systems and other drivetrain components for PACCAR's Kenworth, Peterbilt and DAF commercial trucks.About Meritor, Inc.Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 100-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers in more than 70 countries. Meritor is based in Troy, Michigan, and is made up of more than 9,000 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Meritor's common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at meritor.com. (Logo: http://photos.prnewswire.com/prnh/20110330/DE73783LOGO )
SOURCE Meritor, Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV