Those of us in Columbus recall when the "merger" of Arvin and Meritor was announced- and the then CEO of Arvin got a very nice multi-million dollar package a year or so later, and blew out of town, rarely seen here again.
Too bad, the company had been well respected here for many years.
ArvinMeritor
ArvinMeritor spinoff to be based in Columbus
Michigan-based ArvinMeritor is selling its emission technologies business to a private equity firm for $310 million, creating a new company that will be headquartered in Columbus, Ind., and metro Detroit.
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There is also a location in Plainfield employing a couple hundred.
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“Hardcore Libertarian”
Joined: Dec 7, 2006
Comments: 1058
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arvin sango owns 3 plants and has almost 1,000 members.
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This company can not have two headquarters.(Columbus IN & Detroit MI) I suspect they will be headquartered in Michigan and this is all public relations spin.
They are saying the same thing about the ADESA merger. Appears that headquarters is going to Chicago! PS Didn't they call the Meritor/Arvin deal a merger of equals? As I recall, within a year all the headquarters staff either left the company or went to Detroit. |
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Thanks Bill Hunt! Enjoy your blood money!
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It could work out for the best, but its doubtful.
The guy who is running the exhaust business now knows nothing about the industry and helped bankrupt the last company he ran. The only reason he got the job was because he is a "Buddy" of Chip! The ARVIN employees will NEVER forget what Bill Hunt did to our company and our community! All of this mess is totally 100% his fault! |
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So, what is the new company's name? Is it Arvin again?
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i hope us at arvin do good and meritor goes belly up they did a great job taking over dana how much did that cost us
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first we were rockwell,then meritor,then arvin/meritor.now we are losing business and closing the doors.unemployment made in the u.s.a.
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Does anyone know which 9 plants ArvinMeritor will be closing in the US?
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| Topic | Updated | Last By | Comments |
|---|---|---|---|
| Supplier to eliminate 2,800 jobs (from May '07) | May '08 | john | 12 |
| ArvinMeritor will close Arden axle facility (from Nov '07) | Nov '07 | reasonable | 25 |
| ArvinMeritor to shut Arden plant; workers will ... (from Nov '07) | Nov '07 | Truckin | 4 |
| ArvinMeritor Swings to Loss on Restructuring Co... (from Jul '07) | Oct '07 | Daniel Ems | 2 |
| ArvinMeritor Announces Sale of Light Vehicle Af... (from Aug '06) | Aug '06 | riccardo | 1 |
| sales to avm (from Aug '06) | Aug '06 | riccardo | 1 |
| ArvinMeritor Approaching Full Production Speed ... (from Jul '06) | Jul '06 | dave hobson | 2 |

