Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. AxleTech, a Troy-based supplier of commercial vehicles, is ...

Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. The sale ...

AxleTech, which turns 100 years old this year, is reinventing itself with a focus on electrified vehicle solutions. By focusing on a “power-agnostic” between-the-wheels electrification technology, it ...

AxleTech, a supplier of specialty powertrain solutions, has announced that it is developing a heavy-duty all-electric powertrain system with Thor Trucks. According to the company, AxleTech and Thor ...

Meritor, Inc. MTOR is set to acquire AxleTech, a Troy, MI-based company that engages in designing, manufacturing, and selling of drivetrain systems and components for a cash payment of roughly $175 ...

Hendrickson, a Boler company, and AxleTech International, a General Dynamics company, announced today they have received a production award from Navistar Defense, LLC for independent suspension ...

AxleTech's engineers have co-developed a drivetrain for an electric bus with zero-emission bus maker Proterra that is scheduled to go into production in the third or fourth quarter. Petrovich expects ...

OSHKOSH – Union members have returned to work at AxleTech in Oshkosh, reaching a contract agreement after a week on strike. According to a statement, United Auto Workers Local 291 employees at ...

TROY, Mich. – Meritor announced today that it is set to acquire AxleTech for approximately $175 million in cash, adjusted for changes in working capital at closing and subject to regulatory approvals ...

Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor MTOR is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay approximately $175 ...

Meritor Inc. announced it entered into an agreement to acquire AxleTech from an affiliate of The Carlyle Group for $175 million to accelerate global sales and growth. AxleTech’s products include ...