Type: Public
On the web: http://www.meritor.com
Employees: 10,500
Employee growth: (25.3%)

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.

Key numbers for fiscal year ending September, 2011:
Sales: $4,622.0M
One year growth: 28.7%
Net income: $63.0M
Income growth: 425.0%

Officers:
Chairman, President, and CEO: Charles G. (Chip) McClure Jr.
SVP and CFO: Jeffrey A. (Jay) Craig
VP and CIO: Deborah Henderson

Competitors:
AxleTech International
Dana Holding
SAF-HOLLAND

© 2012 Hoover's, Inc. All rights reserved.