Back To Meritor
ArvinMeritor Inc. has officially changed its name to Meritor Inc. As a result, Meritor's ticker symbol on the New York Stock Exchange is MTOR effective at the start of trading today. With the divestitures of its light vehicle businesses now completed, the company said it is focused on commercial vehicle and industrial globally. "Changing the company's name back to Meritor gives us the opportunity to leverage the strength of the brand and build on it as we go forward," said Chip McClure, chairman, CEO and president.
The company initially assumed the name Meritor following the spin-off from Rockwell International Corp. in 1997. It remained Meritor until the merger with Arvin Industries in 2000. Since that time, the company has marketed and sold product under the Meritor brand.