TITLE

More Asian business, higher-margin products

AUTHOR(S)
Snavely, Brent
PUB. DATE
July 2007
SOURCE
Crain's Detroit Business;7/2/2007, Vol. 23 Issue 27, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that automobile supplies company ArvinMeritor Inc. has become a smaller company by selling several of its divisions under the guidance of Chairman Chip McClure. The company sold its $2.9 billion emissions and exhaust business for $310 million. Along the way, ArvinMeritor paid much of its debt, beefed up its management team and worked through a restructuring plan that eliminated 11 plants.
ACCESSION #
25801453

 

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