The acquisition of Meritor, Tenneco will have a major impact on Metro Detroit
“We see a synergistic effect of SG & A across the two businesses, which makes them smaller than the current two businesses, but it’s too early to decide which one to combine,” Davis said. “We haven’t fully embarked on that job yet.” Meritor refused to allow executives to interview. “While this deal offers most employees an enhanced opportunity, Cummins expects some synergies and will work with relevant employees and stakeholders when the time comes. We communicate this openly and transparently, “said Chris Villabarayan, CEO of Meritor. Klein’s .. “We haven’t discussed or made a decision about Troy headquarters,” Meritor said in a document filed with the Securities and Exchange Commission after the announcement on Tuesday. The acquisition “does not affect the majority of employees”, but has “some overlapping features and positions”. Davis said it has not yet been decided what will happen to Meritor executives. The supplier’s roots date back more than a century, but the automot...