2014

ArvinMeritor Announces Start of Production at New Facility in Salonta, Romania

    SALONTA, Romania, Jan. 31 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc.
 (NYSE:   ARM) announced today the start of production at a new Light Vehicle
 Systems (LVS) facility in Salonta, Romania.
 
     This new plant, which occupies approximately 5,400 square meters of
 manufacturing space, will supply window regulators, cables, latches and
 actuators directly to Dacia, the largest vehicle manufacturer in Romania
 and part of the Renault Nissan group.
 
     "This new facility in Salonta represents a significant further
 investment by ArvinMeritor in Central Europe, and is in line with our
 targets on driving manufacturing in leading cost competitive countries
 wherever viable," said Aziz Aghili, vice president and general manager of
 the company's Body Systems group. "By locating our production directly in
 Romania we can minimize our operating costs, be exceptionally responsive to
 our local customer and create over 100 new jobs in the area."
 
     ArvinMeritor began producing components and systems in Central and
 Eastern Europe in 1992, with the opening of a door systems operation in
 Liberec, Czech Republic. The company's Romania facility represents the
 sixth operation to be established in this region.
 
     About Light Vehicle Systems
 
     ArvinMeritor's LVS business group is a market leader in the product
 categories it serves, supplying integrated systems and modules to the
 world's leading passenger car and light truck OEMs. Through smart
 systems(TM) technologies, the intelligent application of controls and
 electronics, ArvinMeritor's traditional mechanical products are taking on
 new form and function at both the component and system levels. With
 advanced technology and systems design expertise in body systems, chassis
 and wheels, LVS integrates high-quality components into cost-effective,
 performance-based solutions for virtually every car and light truck on the
 road today.
 
     About ArvinMeritor
 
     ArvinMeritor, Inc. is a premier global supplier of a broad range of
 integrated systems, modules and components to the motor vehicle industry.
 The company serves commercial truck, trailer and specialty original
 equipment manufacturers and certain aftermarkets, and light vehicle
 manufacturers. Headquartered in Troy, Mich., ArvinMeritor employs
 approximately 18,000 people in 24 countries. ArvinMeritor common stock is
 traded on the New York Stock Exchange under the ticker symbol ARM. For more
 information, visit the company's Web site at: http://www.arvinmeritor.com/.
 
     Forward-Looking Statements
 
     This press release contains statements relating to future results of
 the company (including certain projections and business trends) that are
 "forward- looking statements" as defined in the Private Securities
 Litigation Reform Act of 1995. Forward-looking statements are typically
 identified by words or phrases such as "believe," "expect," "anticipate,"
 "estimate," "should," "are likely to be," "will" and similar expressions.
 Actual results may differ materially from those projected as a result of
 certain risks and uncertainties, including but not limited to global
 economic and market cycles and conditions; the demand for commercial,
 specialty and light vehicles for which the company supplies products; risks
 inherent in operating abroad (including foreign currency exchange rates and
 potential disruption of production and supply due to terrorist attacks or
 acts of aggression); availability and cost of raw materials, including
 steel and oil; OEM program delays; demand for and market acceptance of new
 and existing products; successful development of new products; reliance on
 major OEM customers; labor relations of the company, its suppliers and
 customers, including potential disruptions in supply of parts to our
 facilities or demand for our products due to work stoppages; the financial
 condition of the company's suppliers and customers, including potential
 bankruptcies; possible adverse effects of any future suspension of normal
 trade credit terms by our suppliers; potential difficulties competing with
 companies that have avoided their existing contracts in bankruptcy and
 reorganization proceedings; successful integration of acquired or merged
 businesses; the ability to achieve the expected annual savings and
 synergies from past and future business combinations and the ability to
 achieve the expected benefits of restructuring actions; success and timing
 of potential divestitures; potential impairment of long-lived assets,
 including goodwill; potential adjustment of the value of deferred tax
 assets; competitive product and pricing pressures; the amount of the
 company's debt; the ability of the company to continue to comply with
 covenants in its financing agreements; the ability of the company to access
 capital markets; credit ratings of the company's debt; the outcome of
 existing and any future legal proceedings, including any litigation with
 respect to environmental or asbestos-related matters; product liability and
 warranty and recall claims; rising costs of pension and other
 post-retirement benefits and possible changes in pension and other
 accounting rules; as well as other risks and uncertainties, including but
 not limited to those detailed herein and from time to time in other filings
 of the company with the SEC. These forward- looking statements are made
 only as of the date hereof, and the company undertakes no obligation to
 update or revise the forward-looking statements, whether as a result of new
 information, future events or otherwise, except as otherwise required by
 law.
 
     (Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )
 
 
 

SOURCE ArvinMeritor, Inc.
RELATED LINKS
http://www.meritorauto.com

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