Meritor, Inc.
New York Stock ExchangeRecent
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- Meritor, Inc. (MTOR), a subsidiary of Cummins Inc., manufactures and supplies drivetrain systems and components for commercial vehicles, trailers, off-highway equipment, defense applications, and industrial markets worldwide; its core products include axles such as single rear-drive, tandem rear-drive, front drive, front non-drive, tridem rear-drive, trailer, center, and tag axles; brakes encompassing air disc, drum, quadraulic disc, wet disc, heavy-duty hydraulic disc, and automatic slack adjusters; drivelines, wheel ends, carriers, precision-forged gears, gearboxes, split-shaft power take-off units, creeper drives, power dividers, tire inflation systems, and trailer suspensions; aftermarket parts for service and repair; and electrified powertrain solutions featuring eAxles, batteries, fuel cells, and electric powertrains. The company serves original equipment manufacturers (OEMs) including Daimler, Navistar, Volvo, PACCAR, and AB Volvo, as well as aftermarket and industrial customers across commercial truck, trailer, bus/coach, military, mining, oil and gas, marine, rail, and specialty vehicle segments. Founded in 1909 and headquartered in Troy, Michigan, Meritor operates manufacturing facilities, engineering centers, joint ventures, distribution centers, and offices in 19 countries. In August 2022, Cummins Inc. completed its $3.7 billion acquisition of Meritor, delisting MTOR from the New York Stock Exchange and integrating its axle, brake, and electrification technologies into Cummins' Components segment to accelerate ePowertrain development, achieve annual pre-tax synergies of approximately $130 million, and support the transition to decarbonized power solutions; post-acquisition, Cummins continues investing in Meritor's brands, leveraging global R&D for aftermarket growth, rapid prototyping, and expanded electrified offerings as of 2025.
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