Meritor's Aftermarket business has been awarded the prestigious 2012 North American Industry Product Quality Leadership Award by Frost & Sullivan for the company's remanufactured brake shoes.
"We recognize that the production of high quality remanufactured brakes is a constant challenge for the heavy-duty trucking industry," said Janardan Damani, research analyst, Frost & Sullivan. "The North American remanufactured brakes aftermarket and its participants currently face several hurdles because brakes not only require immediate replacement but can also cause irreversible, extensive damage to trucks and increase the risk of accidents.
"A major concern for the participants of remanufactured brakes has been imports from low-cost countries. However, due to the high cost of testing and product development on the manufacturer side, low-cost countries typically feature compromises in design and product life. Second, price is the most important competitive factor in this market, and it complicates suppliers' efforts to improve their products and develop unique advantages."
The award was announced at the industry's largest event, Heavy Duty Aftermarket Week in Las Vegas.
"We are extremely proud of this recognition for our breakthrough product, but more than that, we're so grateful that we could respond to our customers with a product that works and addresses a long-standing problem in brake shoes – rustjacking," said Terry Livingston, general manager, Global Product Management and Shared Services, Aftermarket & Trailer, Meritor.
According to Frost & Sullivan, "Meritor stands out from the crowd for its leading position in providing innovative braking solutions for original equipment manufacturers of trucks. Leveraging its global production base and supply chain, Meritor has established itself as a leader in brake (shoe) (re)manufacturing."
More than 15 million Meritor remanufactured brake shoes have been sold to North American truck operators since it introduced them in the spring of 2009.
"This Product Quality Award represents the company's capability and excellence in the remanufactured brake segment," Damani said.
Meritor is a leading supplier of remanufactured components – including brake shoes, transmissions, steering gears, drivelines and axle differentials – to North American and global truck and trailer manufacturers and truck operators.
Frost & Sullivan's Product Quality Leadership Award recognizes companies in a variety of markets for demonstrating outstanding achievement and superior performance. The award is based on five criteria:
Meritor Inc. is making PlatinumShield II coating available for its new lined aftermarket brakes. The special coating will be available on all new, lined brake shoes, except those with EG and EG2...
Begins production of PlatinumShield II
Due to growth of remanufactured component sales, Meritor invested $2.7 million in equipment for Plainfield, Ind. facility.