Meritor recently announced that it has signed a new supply agreement with Scania and will begin supplying air disc brakes to its trucks and passenger cars in 2014.
Mercedes-Benz will supply Scania with the ELSA225H series of brakes. Joe Plomin, vice president of Meritor International's operations, said that the company will invest US$58 million in its UK-based Knumblan Technology Center and manufacturing plant. Expansion of the air disc brake production business.
The ELSA series disc brakes adopt a modular structure, said JoePlomin: "ELSA brake products are the most powerful and reliable air disc brake products we have produced for more than 30 years."
In the past fiscal year 2013 (October 2012 to September 2013), Meritor’s operating revenue fell from US$4.42 billion in FY2012 to US$3.7 billion, a decrease of 16.2% year-on-year; the company was in a loss for the last financial year. In the state, the net loss amounted to 20 million U.S. dollars.
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