ArvinMeritor Chief Sees Rise in Emissions-Controls Business
Yost Says Firm Could Make Up to $700 Mln. by ’08
Senior Reporter
ROY, Mich. — ArvinMeritor Chief Executive Officer and Chairman Larry Yost said annual U.S. and Canadian sales of his company’s current lineup of commercial-vehicle emissions controls would grow from “modest” amounts now to “at least” $500 million and “hopefully” $700 million by 2008.
Yost said the North American commercial market for technologies such as diesel particulate filters, its thermal regenerator and diesel oxidation catalysts that trap and eliminate particulates and other materials would soon be $1.6 billion a year.
“We are going to work hard to get the margins up as high as we can because it is new technology, mandated technology,” Yost said in an interview with Transport Topics after a media briefing on its emissions technologies and strategy at the company’s headquarters here June 11.
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