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Dana to Build Manufacturing Facility in Western China

| May 22, 2017

 Dana to Build Manufacturing Facility in Western China

Dana Incorporated (NYSE: DAN), which in part focuses on the passenger vehicle, commercial truck, and off-highway markets, has announced that the company will build a new 7,500 square-meter (80,000 square-foot) manufacturing facility in Chongqing, China.

Scheduled to open in late 2018, the plant will produce drive units with integrated Spicer® SmartConnect™ disconnecting all-wheel-drive (AWD) technology as part of a global program for a major automaker.

The technology is designed to improve the fuel efficiency of SUVs, crossovers, and passenger vehicles.

Dana will invest approximately US$13 million (CNY160 million) to build out the new operation, which will employ approximately 130 highly qualified associates when full production is reached in 2020.  This will be Dana’s 15th facility in China and its first in Chongqing.

The plant will be located at the Yufu Industrial Development Zone.

Dana currently has approximately 7,000 employees in China, including those working for operations in which Dana holds a half interest.

Category: General Update

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