Morganton, North Carolina — According to state and local economic development sources Meritor plans to invest $4,000,000.00 to build out new space in Morganton. The company plans to occupy the new space in Morganton, on or about September 1, 2022. According to the company website Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. With more than a 110-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Mich., United States, and is made up of more than 8,600 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Meritor common stock is traded on the New York Stock Exchange under the ticker symbol MTOR.

To learn more about Meritor, visit http://www.meritor.com/

Company Contact:
Jeffrey Craig, Chief Executive Officer
888-725-9355

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