Cummins closes Meritor deal, eyeing electric powertrain possibilities

Sources: Cummins Inc., Columbus, Ind.; CP staff Cummins has completed its $3.7 billion acquisition of Meritor Inc., a key player in drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor product offerings and capabilities in axle and brake technology, Cummins officials note, will position their company as a leading provider of integrated powertrain solutions…

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