{"id":385656,"date":"2020-11-19T16:33:23","date_gmt":"2020-11-19T21:33:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385656"},"modified":"2020-11-19T16:33:23","modified_gmt":"2020-11-19T21:33:23","slug":"meritor-announces-standard-position-agreement-with-terex-advance-mixer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/","title":{"rendered":"Meritor Announces Standard Position Agreement with Terex Advance Mixer"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">TROY, Mich.<\/span>, <span class=\"xn-chron\">Nov. 19, 2020<\/span> \/PRNewswire\/ &#8212;<b>\u00a0<\/b>Meritor, Inc. (NYSE:<b> MTOR<\/b>) today announced it has been awarded a standard position agreement with Terex Advance Mixer to supply front- and rear-drive axles. Under the agreement, Meritor will supply its MX23-810\u2122 front-drive axle with standard EX+\u2122 air disc brakes, MX23-160\u2122 front-drive axle and RT46-160\u2122 rear-drive axle both with drum brakes or optional <i>EX+<\/i><i>\u2122 <\/i><i>air disc brakes<\/i><i>. <\/i><\/p>\n<p>&#8220;With this agreement, we&#8217;ll deliver proven drivetrain solutions for Terex concrete mixers, expanding our strategic relationship with a company that values safety, quality and customer support,&#8221; said <span class=\"xn-person\">Matt Wolfe<\/span>, vice president of Industrial. &#8220;It&#8217;s another example of Meritor&#8217;s commitment to grow its Industrial business as a key priority within its corporate strategy.&#8221;\u00a0 <\/p>\n<p>&#8220;Meritor is a trusted and valued partner that has provided us with front and rear axles for years. We are excited for the continued and expanded partnership,&#8221; said <span class=\"xn-person\">John Leech<\/span>, general manager of Terex Advance Mixer. &#8220;As a leader in front discharge trucks, we look forward to equipping our mixers with the leading technology in the heavy-duty axle industry. Together, we can continue to provide best-in-class performance, quality and service to our customer base.&#8221;<\/p>\n<p>\n        <b>About Terex<br \/><\/b>Terex Corporation is a global manufacturer of lifting and material processing products and services delivering lifecycle solutions that maximize customer return on investment. Major Terex brands include Terex, Genie, and Powerscreen. Terex solutions serve a broad range of industries, including construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utilities, quarrying and mining. Terex offers financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information about Terex is available on its website: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=1218304009&amp;u=https%3A%2F%2Fwww.terex.com%2F&amp;a=www.Terex.com\" rel=\"nofollow noopener noreferrer\">www.Terex.com<\/a>, on its LinkedIn page \u2013 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=1113459885&amp;u=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fterex&amp;a=www.linkedin.com%2Fcompany%2Fterex\" rel=\"nofollow noopener noreferrer\">www.linkedin.com\/company\/terex<\/a>\u00a0and Facebook page &#8212; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=1726765023&amp;u=http%3A%2F%2Fwww.facebook.com%2FTerexCorporation&amp;a=www.facebook.com%2FTerexCorporation\" rel=\"nofollow noopener noreferrer\">www.facebook.com\/TerexCorporation<\/a>.<\/p>\n<p>\n        <b>About Meritor<br \/><\/b>Meritor, Inc. is a leading global supplier of drivetrain, mobility, <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=2138268979&amp;u=https%3A%2F%2Fwww.meritor.com%2Fproducts%2Fbrakes&amp;a=braking\" rel=\"nofollow noopener noreferrer\">braking<\/a><\/u> and <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=1684230053&amp;u=https%3A%2F%2Fwww.meritor.com%2Fproducts%2Faftermarket&amp;a=aftermarket\" rel=\"nofollow noopener noreferrer\">aftermarket<\/a><\/u> 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 <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=116352848&amp;u=https%3A%2F%2Fwww.meritor.com%2Fapplications%2Ftruck&amp;a=truck\" rel=\"nofollow noopener noreferrer\">truck<\/a><\/u>, <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=1071634195&amp;u=https%3A%2F%2Fwww.meritor.com%2Fapplications%2Ftrailer&amp;a=trailer\" rel=\"nofollow noopener noreferrer\">trailer<\/a><\/u>, off-highway, <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=3792565038&amp;u=https%3A%2F%2Fwww.meritor.com%2Fapplications%2Fdefense&amp;a=defense\" rel=\"nofollow noopener noreferrer\">defense<\/a><\/u>, specialty and aftermarket customers around the world. Meritor is based in <span class=\"xn-location\">Troy, Mich.<\/span>, <span class=\"xn-location\">United States<\/span>, and is made up of more than 7,000 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=2403961769&amp;u=https%3A%2F%2Fwww.meritor.com%2Fabout%2Fglobal-reach&amp;a=19+countries\" rel=\"nofollow noopener noreferrer\">19 countries<\/a><\/u>. Meritor common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company&#8217;s website at <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987975-1&amp;h=2264494755&amp;u=http%3A%2F%2Fwww.meritor.com%2F&amp;a=www.meritor.com\" rel=\"nofollow noopener noreferrer\">www.meritor.com<\/a><\/u>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder6052\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/128158\/meritor__inc__logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/128158\/meritor__inc__logo.jpg\" title=\"Meritor, Inc. logo. (PRNewsFoto\/Meritor, Inc.) (PRNewsfoto\/Meritor, Inc.)\" alt=\"Meritor, Inc. logo. (PRNewsFoto\/Meritor, Inc.) (PRNewsfoto\/Meritor, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DE98088&amp;sd=2020-11-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/meritor-announces-standard-position-agreement-with-terex-advance-mixer-301177677.html\">http:\/\/www.prnewswire.com\/news-releases\/meritor-announces-standard-position-agreement-with-terex-advance-mixer-301177677.html<\/a><\/p>\n<p>SOURCE  Meritor, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DE98088&amp;Transmission_Id=202011191630PR_NEWS_USPR_____DE98088&amp;DateId=20201119\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire TROY, Mich., Nov. 19, 2020 \/PRNewswire\/ &#8212;\u00a0Meritor, Inc. (NYSE: MTOR) today announced it has been awarded a standard position agreement with Terex Advance Mixer to supply front- and rear-drive axles. Under the agreement, Meritor will supply its MX23-810\u2122 front-drive axle with standard EX+\u2122 air disc brakes, MX23-160\u2122 front-drive axle and RT46-160\u2122 rear-drive axle both with drum brakes or optional EX+\u2122 air disc brakes. &#8220;With this agreement, we&#8217;ll deliver proven drivetrain solutions for Terex concrete mixers, expanding our strategic relationship with a company that values safety, quality and customer support,&#8221; said Matt Wolfe, vice president of Industrial. &#8220;It&#8217;s another example of Meritor&#8217;s commitment to grow its Industrial business as a key priority within its corporate strategy.&#8221;\u00a0 &#8220;Meritor is a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Meritor Announces Standard Position Agreement with Terex Advance Mixer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385656","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Meritor Announces Standard Position Agreement with Terex Advance Mixer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meritor Announces Standard Position Agreement with Terex Advance Mixer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire TROY, Mich., Nov. 19, 2020 \/PRNewswire\/ &#8212;\u00a0Meritor, Inc. (NYSE: MTOR) today announced it has been awarded a standard position agreement with Terex Advance Mixer to supply front- and rear-drive axles. Under the agreement, Meritor will supply its MX23-810\u2122 front-drive axle with standard EX+\u2122 air disc brakes, MX23-160\u2122 front-drive axle and RT46-160\u2122 rear-drive axle both with drum brakes or optional EX+\u2122 air disc brakes. &#8220;With this agreement, we&#8217;ll deliver proven drivetrain solutions for Terex concrete mixers, expanding our strategic relationship with a company that values safety, quality and customer support,&#8221; said Matt Wolfe, vice president of Industrial. &#8220;It&#8217;s another example of Meritor&#8217;s commitment to grow its Industrial business as a key priority within its corporate strategy.&#8221;\u00a0 &#8220;Meritor is a &hellip; Continue reading &quot;Meritor Announces Standard Position Agreement with Terex Advance Mixer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-19T21:33:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/128158\/meritor__inc__logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Meritor Announces Standard Position Agreement with Terex Advance Mixer\",\"datePublished\":\"2020-11-19T21:33:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\\\/\"},\"wordCount\":436,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/128158\\\/meritor__inc__logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\\\/\",\"name\":\"Meritor Announces Standard Position Agreement with Terex Advance Mixer - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/","og_locale":"en_US","og_type":"article","og_title":"Meritor Announces Standard Position Agreement with Terex Advance Mixer - Market Newsdesk","og_description":"PR Newswire TROY, Mich., Nov. 19, 2020 \/PRNewswire\/ &#8212;\u00a0Meritor, Inc. (NYSE: MTOR) today announced it has been awarded a standard position agreement with Terex Advance Mixer to supply front- and rear-drive axles. Under the agreement, Meritor will supply its MX23-810\u2122 front-drive axle with standard EX+\u2122 air disc brakes, MX23-160\u2122 front-drive axle and RT46-160\u2122 rear-drive axle both with drum brakes or optional EX+\u2122 air disc brakes. &#8220;With this agreement, we&#8217;ll deliver proven drivetrain solutions for Terex concrete mixers, expanding our strategic relationship with a company that values safety, quality and customer support,&#8221; said Matt Wolfe, vice president of Industrial. &#8220;It&#8217;s another example of Meritor&#8217;s commitment to grow its Industrial business as a key priority within its corporate strategy.&#8221;\u00a0 &#8220;Meritor is a &hellip; Continue reading \"Meritor Announces Standard Position Agreement with Terex Advance Mixer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-19T21:33:23+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/128158\/meritor__inc__logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Meritor Announces Standard Position Agreement with Terex Advance Mixer","datePublished":"2020-11-19T21:33:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/"},"wordCount":436,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/128158\/meritor__inc__logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/meritor-announces-standard-position-agreement-with-terex-advance-mixer\/","name":"Meritor Announces Standard Position Agreement with Terex Advance Mixer - 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