ASBESTOS UPDATE: 26T Claims Still Pending v. Maremont at June 30

Meritor, Inc.’s Maremont Corporation subsidiary is still subject to about 26,000 pending asbestos-related claims at June 30, 2011 and Sept. 30, 2010, according to the Company’s quarterly report filed on Aug. 4, 2011 with the Securities and Exchange Commission.

Maremont manufactured…

ASBESTOS UPDATE: Meritor Still Has Rockwell Legacy Claims

Meritor, Inc., along with many other companies, has also been named as a defendant in lawsuits alleging personal injury as a result of exposure to asbestos used in certain components of Rockwell International products many years ago.

Liability for these claims…

ASBESTOS UPDATE: Meritor Posts $19MM June 30 Current Liabilities

Meritor, Inc.’s current asbestos-related liabilities amounted to US$19 million as of June 30, 2011, compared with US$18 million as of Sept. 30, 2010, according to the Company’s quarterly report filed on Aug. 4, 2011 with the Securities and Exchange Commission.

The…

ASBESTOS UPDATE: Maremont Corp. Still Has 26T Claims at March 31

A subsidiary of Meritor, Inc. (f/k/a ArvinMeritor, Inc.), Maremont Corporation, still has about 26,000 pending asbestos-related claims at March 31, 2011 and Sept. 30, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May…

ASBESTOS UPDATE: Meritor’s Long-Term Liabilities Still at $66MM

The long-term asbestos-related liabilities of Meritor, Inc. (f/k/a ArvinMeritor, Inc.) amounted to US$66 million as of both March 31, 2011 and Sept. 30, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 6,…

ASBESTOS UPDATE: Meritor Posts $18MM March 31 Rockwell Liability

Meritor, Inc. (f/k/a ArvinMeritor, Inc.) determined that the probable liability for pending and future Rockwell International asbestos claims over the next four years is US$18 million as of March 31, 2011, compared with US$17 million as of Sept. 30, 2010.

The…