Meritor to Relocate Production Ops at Remanufacturing Plant to Mississauga
Meritor, Inc. (NYSE: MTOR) announced today plans to move production operations at its remanufacturing plant in Mississauga, Ontario, Canada while strengthening customer service and support for its Canadian and U.S. customers. The company met with employees today to discuss the restructuring which will impact approximately 120 employees by March 31, 2013.
The company's Mississauga facility remanufactures commercial truck components for the on-highway market. Operations are expected to transfer to Meritor's Plainfield, Ind. remanufacturing facility while Mascot Canadian customer service and support moves to Meritor's Brampton, Ontario facility.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.