| | | KALAMAZOO, Mich. – Nov. 9, 2004 – Dana Corporation (NYSE: DCN) today announced the completion of a $6 million expansion of its state-of-the-art heavy vehicle research and development center in Kalamazoo, Mich.
Dana’s Heavy Vehicle Technology Center houses the headquarters and R&D center for Dana’s Commercial Vehicle Systems group – North America.
“This investment demonstrates Dana’s ongoing commitment to the commercial vehicle industry and the medium- and heavy-truck business,” said Nick Cole, president of Dana’s Heavy Vehicle Technologies and Systems Group. “The expansion of the center affords Dana additional research and development capabilities for its off-highway and commercial vehicle products.”
The expansion adds 15,000 square feet of research, development, and testing space to the existing 155,000-square-foot facility. A significant investment has also been made in new, technologically advanced test equipment, including the installation of a new MTS axle dynamometer. Additionally, the facility’s new 1,000-square-foot strong floor bedplate strengthens Dana’s rigorous structural testing capabilities.
“Dana is committed to the development of new technologies and products that exceed customers’ needs today and set the stage for greater value for our customers tomorrow,” said Frank Sheehan, vice president, sales, marketing, and product planning for Dana Commercial Vehicle Systems. “With an expanded R&D facility, we further reduce time-to-market for the many new and innovative product launches we have planned.”
Dana’s Commercial Vehicle Systems Group designs, manufactures, and markets front-steer, rear-drive, trailer, and auxiliary axles; driveshafts; steering shafts; brakes; suspensions; and related systems, modules, and services for the commercial vehicle market. Major components and modules are marketed under the Spicer® brand name. Dana’s strategic marketing alliance with Eaton Corporation’s Truck Components group provides innovative drivetrain systems under the Roadranger® brand name.
Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicles. Delivering on a century of innovation, the company's continuing operations employ approximately 45,000 people worldwide dedicated to advancing the science of mobility. Founded in 1904 and based in Toledo, Ohio, Dana operates technology, manufacturing, and customer-service facilities in 30 countries. Sales from continuing operations totaled $7.9 billion in 2003.
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