Monroe history

In early 1974 Monroe Auto Equipment Company moved its world headquarters from the city to Monroe Charter Township.

In 1977 the company merged with the large multinational automotive supplier Tenneco, Inc.

Stuart Heller, who is the founding partner, established the Monroe Group in 1982.

In 1989, the company gained increased visibility in Europe when Monroe acquired the suspension division of Armstrong Equipment PLC of the United Kingdom.

Another significant expansion followed in 1990 as the company purchased Rancho industries, Inc., a leading supplier of high performance suspension systems and components for the light-truck and sport-utility vehicle aftermarkets.

In 1991, Monroe introduced Sensa-Trac shock absorbers and struts.

In 1996 the company purchased 15 acres of land in Addison, IL and built a state-of-the-art 52 door, cross dock distribution center to better serve its customers.

Tenneco acquired the Kinetic suspension system and safety technology with its acquisition of Kinetic Ltd of Australia in 1999.

In 2006, Monroe Group’s leadership founded Steele Properties, LLC to conduct all real estate development and property acquisitions.

In 2007, Mercedes Benz introduced the first vehicles featuring Continuous Control Electronic Suspension (CCES). Monroe's game-changing, innovative system allows the suspension to change almost instantaneously from a comfortable ride to a firmer, more sporty type, depending on the driving conditions.

In 2018, Monroe introduces Magnum™ shocks absorbers to align globally with one common brand.

In 2019, Monroe's parent company Tenneco Inc. separated into two independent, publicly traded companies, Tenneco Inc. and DRiV Incorporated.

Justin Boyd was promoted to President in March 2021, and he reports to the partners.