NANJING, China, Nov. 3, 2010 /PRNewswire-Asia/ -- ArvinMeritor, Inc. (NYSE: ARM) today hosted government officials, community leaders and customers at a groundbreaking ceremony for its previously announced state-of-the-art technical center and manufacturing facility in Nanjing, located in the Jiangsu Province.
The company is investing approximately $16 million USD in a 32,000 square meter facility that will accelerate the company's ability to provide dedicated engineering capabilities, advanced product solutions and localized production for its customers in China. When fully operational, the facility will staff approximately 500 employees.
"To support our growth objectives in China, we are expanding our manufacturing footprint and engineering capabilities to design, test, and validate our products in China," said Tim Bowes, president of Industrial and Asia Pacific for ArvinMeritor. "This facility will enable us to provide advanced solutions in drivetrain and braking products to our growing customer base in China."
Of the total $16 million investment, the company will invest approximately $8 million USD in a design and engineering center, which will become the newest addition to ArvinMeritor's global engineering network that also includes centers in the United States, Italy, the United Kingdom and India. ArvinMeritor plans to work with local universities, as part of an engineering and business development program, to assist the company in developing a highly-skilled talent pool to support its technical, manufacturing and business activities in Nanjing.
In addition to the technical center and manufacturing location, the Nanjing facility will also become ArvinMeritor's central Aftermarket center in China. As a global leader in aftermarket and remanufacturing services, this site will enhance the company's capabilities to service both the domestic and regional marketplace.
About ArvinMeritor
ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers and the aftermarket for the transportation and industrial sectors. The company serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. ArvinMeritor marked its centennial anniversary in 2009, celebrating a long history of 'forward thinking.' ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For important information about the company, visit arvinmeritor.com.