Meritor buys Sypris' Morganton plant in USA  [ USA ]

Meritor, Inc. announced that it has purchased the majority of the assets at the Sypris Solutions, Inc. manufacturing facility in Morganton, North Carolina, USA. The facility currently manufactures trailer axle beams, and machines carriers and differentials for Meritor, in addition to producing light vehicle components for other customers. (From a press release on July 10, 2015)