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ArvinMeritor Recognized for Its Supplier Diversity Program With the 2008 ‘Corporate ONE’ Award

2008-08-19 16:00:00

    TROY, Mich., Aug. 19 /EMWNews/ -- ArvinMeritor, Inc. (NYSE: ARM)

announced today it received the 2008 'Corporate ONE' Award from the

Michigan Minority Business Development Council (MMBDC) for its supplier

diversity program which drives procurement opportunities with minority

business owners. This is the second consecutive year ArvinMeritor has

received this award.



    "When it comes to supplier diversity, ArvinMeritor has set aggressive

targets for on-going investments with minority suppliers. While we're

making good progress we still have room for improvement," said Vernon

Baker, senior vice president and general counsel, who oversees

ArvinMeritor's supplier diversity program. "To reach our goals we have made

a commitment toward creating a pipeline of opportunity for our minority

supply base."



    During 2007, ArvinMeritor spent $95.3 million with minority suppliers,

including new contracts totaling $34 million in which minority suppliers

provided office supplies, professional staffing, logistics and auditing

services, as well as Maintenance, Repair and Operating (MRO) management and

products.



    Criteria for the 'Corporate ONE' award includes having an established

minority/diversity supplier development program, reporting minority

purchases on a quarterly basis and membership to the MMBDC's Project ONE,

which is an initiative to aid minority businesses in becoming competitive

bidders for corporate contracts. Other corporations that are active members

of Project ONE include Ford Motor Company, Blue Cross/Blue Shield of

Michigan and Bank of America Corporation, among others.



    About ArvinMeritor



    ArvinMeritor, Inc. is a premier global supplier of a broad range of

integrated systems, modules and components to the motor vehicle industry.

The company serves commercial truck, trailer and specialty original

equipment manufacturers and certain aftermarkets, and light vehicle

manufacturers. Headquartered in Troy, Mich., ArvinMeritor employs

approximately 18,000 people in 24 countries. ArvinMeritor common stock is

traded on the New York Stock Exchange under the ticker symbol ARM. For more

information, visit the company's Web site at: http://www.arvinmeritor.com/

.



    





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