ArvinMeritor, Inc. announced it will sell its Body Systems business to an affiliate of Inteva Products, LLC, a wholly owned subsidiary of The Renco Group, Inc. for approximately $35 million.
The sale will affect more than 5,000 employees at facilities in 14 countries, and will substantially complete the sale of ArvinMeritor’s Light Vehicle Systems business. The transaction allows ArvinMeritor to focus on its industrial, aftermarket/trailer and commercial truck core businesses.
Jeff Crissey is Fusable's content director for OEM/Aftermarket and is responsible for coordinating special editorial projects and events for the company's Commercial Carrier Journal, Equipment World and Overdrive brands. Prior to this role, Crissey served as editor of CCJ for 10 years. He holds a Bachelor's Degree from Auburn University and has been a member of Fusable's editorial staff for 27 years, where his coverage of industry topics has earned numerous regional and national awards over the years. Before joining Fusable, Crissey was a production assistant at CNN in Atlanta.
