Detroit Regional Chamber Names ArvinMeritor CEO World Trader of the Year

DETROIT, Feb. 7, 2005 -- Charles G. "Chip" McClure, chairman of the board, CEO and president of ArvinMeritor Inc., has been named World Trader of the Year by the Detroit Regional Chamber. The award will be presented at the Detroit Regional Chamber Foundation's International Consular Ball, March 18 at The Ritz Carlton, Dearborn.

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McClure has more than 25 years of leadership experience in the motor vehicle industry. At ArvinMeritor Inc. he oversees a premier $8 billion global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. Headquartered in Troy, ArvinMeritor employs approximately 32,000 people at more than 150 manufacturing facilities in 27 countries. Before ArvinMeritor, he served as CEO, president and a member of the Board of Federal-Mogul Corp., a global supplier of automotive components.

"Thanks to Chip McClure's leadership, ArvinMeritor is committed to being a major competitor in the world market, but is equally committed to Detroit and the region," said John Carroll Jr., senior vice president of Business Development at the Detroit Regional Chamber. "He is a most worthy candidate for this award."

The World Trader of the Year award is given annually to recognize an individual or company that has demonstrated exceptional involvement and made significant contributions in the promotion of international trade with Southeast Michigan.

The Chamber's International Consular Ball, a black-tie event, is the only event of its kind that recognizes the region's Consular Corps, the official representatives of foreign governments serving this area. The Ball is part of the Chamber's Strategic Plan to think globally and act regionally.

Cost for the event is $250 for Chamber members and $300 for nonmembers. Tables of 10 -- which include two sponsored consulate seats -- are also available, as well as additional sponsorship opportunities. The media is invited to attend.

The Detroit Regional Chamber is the leading business organization in the region and the largest chamber of commerce in the country. The Chamber's mission -- to power the economy for Southeast Michigan -- is carried out through business attraction efforts, public policy advocacy, strategic partnerships and quality products and services for members.

For more information, contact Amy Hennes at (313) 596-0367 or e-mail: ahennes@detroitchamber.com .

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