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Press Release / January 28, 2015

Further positioning the company for growth, Meritor announced a long-term contract with PACCAR. This seven-year agreement secures preferred product positioning for rear axles in North America and Australia.

In addition, Meritor now has enhanced optional positioning for brakes, drivelines and front axles.

“We are excited to enter into this long-term agreement with PACCAR and further strengthen our relationship in such a significant way,” said Ike Evans, chairman and CEO, Meritor. “The Meritor team is fully committed to delivering industry-leading products to support PACCAR in building great trucks.”

"Securing new contracts, such as with PACCAR, is a result of the effort the Meritor team has put forth to drive the company toward greater shareholder value as part of our M2016 strategy," said Evans.

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