Spotlight: Rockwell Picks Meritor as Name for Spinoff
Rockwell International Corp. chose Meritor Automotive Inc. as the name for the auto parts unit it will spin off to shareholders next month. Seal Beach-based Rockwell announced the spinoff in March as it refocuses solely on production of semiconductors, factory control systems and avionics. Meritor, with $3.1 billion in annual sales, makes axles, brakes, sunroofs and other parts. Troy, Mich.-based Meritor will have 16,000 employees and operations in 20 countries.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
