Mary Petrovich, a former CEO of AxleTech from 2002-2011, will rejoin the firm as executive chairman. Joe Mejaly, who joined the company in May 2014 as general manager, will serve as AxleTech ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. AxleTech, a Troy-based supplier of commercial vehicles, is ...

Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay ...

Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. The sale ...

AxleTech is reinventing itself with a focus on electrified vehicle solutions. By focusing on a “power-agnostic” between-the-wheels electrification technology, it believes it can provide integrated, in ...

Hendrickson, a Boler company, and AxleTech International, a General Dynamics company, announced today they have received a production award from Navistar Defense, LLC for independent suspension ...

TROY, Mich., Feb. 14, 2018 /PRNewswire/ -- Established in name in 2002, AxleTech International traces its industrial roots back 100 years as the original Rockwell International. Throughout this time, ...

Meritor Inc. announced that it has completed its acquisition of AxleTech from investment firm The Carlyle Group. The transaction is aimed at enhancing Meritor’s platform with the addition of a ...

AxleTech's engineers have co-developed a drivetrain for an electric bus with zero-emission bus maker Proterra that is scheduled to go into production in the third or fourth quarter. Petrovich expects ...

General Dynamics (NYSE: GD) and The Carlyle Group, a private equity firm, have entered into a definitive agreement for General Dynamics to acquire AxleTech International, a global manufacturer and ...

Allison Transmission Holdings Inc., on Tuesday announced the acquisition of Vantage Power and AxleTech’s electric vehicle systems division. Vantage Power specializes in developing electrified ...

TROY, Mich. – Meritor announced today that it is set to acquire AxleTech for approximately $175 million in cash, adjusted for changes in working capital at closing and subject to regulatory approvals ...