ArvinMeritor wins Volvo, Mack drive axle contract
TROY, Mich. (June 19, 2002) — ArvinMeritor announced a seven-year, $1 billion US contract to produce Meritor rear drive axles for Volvo Powertrain, which supplies Volvo and Mack trucks with components.
ArvinMeritor said it will produce proprietary Mack rear drive axles beginning in May 2004 and continue to be the standard rear drive axle supplier to Volvo Powertrain.
Last week, Mack said it would not renew a 15-year supplier relationship with Dana, which provided chassis assemblies and groomed axles for Mack’s on-highway and vocational trucks.
ArvinMeritor currently produces axles for Volvo in Sweden.
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