Meritor Acquires AA Gear & Manufacturing

Meritor, Inc. announced that it has acquired substantially all of the assets of AA Gear & Manufacturing, Inc. (“AAG”) and its subsidiaries.

Headquartered in Howell, Michigan, AAG is a privately-held manufacturer that provides low-to-medium volume batch manufacturing for complex gear and shaft applications, as well as quick-turnaround prototyping solutions and emergency plant support. The company has a strong manufacturing engineering team with a reputation for solving customers’ technical issues as a means to building long-term customer relationships. Those relationships include some of the world’s leading manufacturers across a wide range of attractive end markets including agriculture, construction, heavy truck, diversified industrial and automotive.

“The addition of AAG will provide our Components business with increased technical capabilities that will enable Meritor to offer new products and applications and to accelerate our components growth strategy,” said Kevin Nowlan, senior vice president and president, Trailer, Components and Chief Financial Officer. “We are confident that AAG will fit seamlessly into our Components business, and we look forward to working together to serve our customers, drive operational excellence and achieve our growth objectives.”

Meritor will discuss the transaction in more detail on the company’s second quarter 2018 earnings conference call to be held on May 3, 2018.