ArvinMeritor Announces New Facility's Start of Production in Salonta, Romania
SALONTA, Romania (Jan. 31, 2008) — ArvinMeritor, Inc. (NYSE: ARM) announced today the start of production at a new Light Vehicle Systems (LVS) facility in Salonta, Romania.
This new plant, which occupies approximately 5,400 square metres of manufacturing space, will supply window regulators, cables, latches and actuators directly to Dacia, the largest vehicle manufacturer in Romania and part of the Renault Nissan group.
“This new facility in Salonta represents a significant further investment by ArvinMeritor in Central Europe, and is in line with our targets on driving manufacturing in leading cost competitive countries wherever viable,” said Aziz Aghili, vice president and general manager of the company’s Body Systems group. “By locating our production directly in Romania we can minimise our operating costs, be exceptionally responsive to our local customer and create over 100 new jobs in the area.”
ArvinMeritor began producing components and systems in Central and Eastern Europe in 1992, with the opening of a door systems operation in Liberec, Czech Republic. The company’s Romania facility represents the sixth operation to be established in this region.
About Light Vehicle Systems
ArvinMeritor’s LVS business group is a market leader in the product categories it serves, supplying integrated systems and modules to the world’s leading passenger car and light truck OEMs. Through smart systems™ technologies, the intelligent application of controls and electronics, ArvinMeritor’s traditional mechanical products are taking on new form and function at both the component and system levels. With advanced technology and systems design expertise in body systems, chassis and wheels, LVS integrates high-quality components into cost-effective, performance-based solutions for virtually every car and light truck on the road today.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. Headquartered in Troy, Mich., ArvinMeritor employs approximately 18,000 people in 24 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company's Web site at: http://www.arvinmeritor.com/.
Source: ArvinMeritor
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