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ArvinMeritor Sells Exhaust Accessories Manufacturing Operations

TROY, Mich., May 13 - ArvinMeritor today announced the sale of its Fort Loramie, Ohio, exhaust accessories manufacturing operations to a newly-formed affiliate of ROL of America, Inc., based in Oviedo, Fla. Under the agreement, ArvinMeritor will continue to distribute exhaust accessories through its Light Vehicle Aftermarket (LVA) business. Terms of the sale were not disclosed.

Dan Daniel, senior vice president and president, LVA, said, "The sale enables ArvinMeritor to focus on its core exhaust business in North America. We will continue to service our aftermarket exhaust customers with a complete accessory line manufactured by ROL, the industry leader in exhaust accessories."