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Arvinmeritor News
Lockwood moves to Demag
Vertikal.netBefore joining Genie, Lockwood held a number of high-profile finance positions with Bureau Veritas, ArvinMeritor and Rockwell International. Lockwood replaces Axel Arendt, who had taken up the position on an interim basis from December 2011 after ...

Calif. court affirms asbestos award, calls company 'reprehensible'
Legal News LineJustice Ignazio Ruvolo wrote April 19 for the First Appellate District that the figure was justified because the conduct of ArvinMeritor, the successor of brake shoe manufacturer Rockwell, was "highly reprehensible." The brake shoes made by Rockwell ...

Meritor 2Q Profit Rose 18% On Fewer Charges; Revenue Down
Wall Street JournalThe company changed its name from ArvinMeritor in last year after selling its body systems segment. However, the company in November lowered its some of its production forecasts amid sluggishness in the global economy and Europe's economic woes.

CA Upholds Punitive Damages for Sale of Asbestos-Lined Brakes
Metropolitan News-EnterpriseThe conduct of ArvinMeritor's predecessor company in failing to warn purchasers of the carcinogenic linings was sufficiently reprehensible to justify the award, Justice Ignacio Ruvolo wrote Thursday for Div. Four. The punitive damages were 2.4 times ...



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