Meritor acquires gear manufacturing business

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Meritor, Inc., announced Tuesday that it has acquired substantially all of the assets of Howell, Mich.-based AA Gear & Manufacturing, Inc. (AAG) and its subsidiaries.

Terms of the transaction were not disclosed.

AAG is a privately-held manufacturer that provides low-to-medium volume batch manufacturing for complex gear and shaft applications, as well as quick-turnaround prototyping solutions and emergency plant support. AAG currently serves the agriculture, construction, heavy truck, diversified industrial and automotive markets.

Meritor Chief Financial Officer says the acquisition provides the company’s components business with increased technical capabilities, enabling Meritor to offer new products and applications and to accelerate components growth strategy.

“We are confident that AAG will fit seamlessly into our Components business,” he says, “and we look forward to working together to serve our customers, drive operational excellence and achieve our growth objectives.”