According to reports, Meritor company (Meritor, Inc.) Has announced that it will invest $ 16 million in its European brake systems business.
In order to consolidate its leadership position in global brake system suppliers, Meritor invested US$42 million in this field in 2010. The company’s recently announced investment project is an additional investment in previous projects.
Meritor's complete investment project is mainly to achieve the following goals: to reduce the weight of the product with advanced technology and expand the application of the product; to achieve more in-depth product testing and verification capabilities; to modernize the equipment to ensure market-leading costs , quality and safety; recruitment of more powerful customer support and production teams.
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