CHINA: Dana starts on tech centre
Dana Holding Corporation has broken ground for a technical centre in Wuxi, Jiangsu, China, for off highway axles, driveshafts, and transmissions; commercial vehicle driveshafts; light duty axles and driveshafts; and sealing and thermal products, including electric vehicle battery coolers. The centre is expected to be fully operational by the end of 2011.
Aziz Aghili, the supplier's president of Asia Pacific, said: "We have already experienced considerable success in China and believe there is great opportunity for future growth here in the off highway, commercial vehicle, and light vehicle markets."
According to IHS Global Insight, China is the largest producer of heavy trucks globally. In 2009 it became the world's largest automotive market and will account for over 25% of global light vehicle production by 2014.
The Dana China Technical Centre will encompass 130,000 sq ft (12,000 sq m) of space and employ about 200 people.
It is adjacent to the Dana Wuxi Technologies Company facility, established in 2003, whcih assembles axles, driveshafts, and transmissions for the off highway market, as well as thermal products.
Dana began manufacturing in China in 1991 and now has an interest in seven operations based there.