SAO PAULO – ArvinMeritor Inc. announces it is investing another $10 million in Brazil, this time at its axle factory in Osasco, near Sao Paulo. The company plans to export the commercial-vehicle axles to the U.S. to supplement shipments to Volvo AB-Mack Trucks Inc., which is part of a $1.5 billion contract between the supplier and OEM. The supplier also will ship products from Freightliner Corp., which manufactures trucks for DaimlerChrysler AG, and will export products to ...
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