Dana Corporation (NYSE: DCN) today officially opened the doors of its state-of-the-art technology center for heavy-truck systems research and development in Kalamazoo, Mich. An open house and dedication ceremony will be held to introduce the facility to the Kalamazoo community.
Dana’s Heavy Truck Technology Center is the worldwide office and research and development facility for Dana’s Spicer Heavy Axle and Brake Division, which supplies a complete line of axle and brake components for heavy- and medium-duty commercial trucks and buses. The new technology center will afford Dana a center for advanced research and development of these heavy-truck products.
Dana Chairman and CEO Joe Magliochetti said, “Dana is committed to the development of those new technologies and products that go beyond today’s demands, and create future value for our customers and our shareholders. This new technology center enables us to collaborate more effectively and leverage the knowledge, skills and abilities of the most innovative thought leaders in the heavy truck sector.”
Rick Clayton, president of Dana’s Heavy Truck Group, said, “Spicer’s reputation for quality in the global marketplace has set the standard in the industry. Dana is dedicated to continually improving our products, systems, and relationships with our customers.”
“The Heavy Truck Technology Center plays a key role in maintaining Dana’s leadership position in the global heavy axle market. It is another example of Dana’s commitment to new technology and development, as well as a statement of our confidence in the growth opportunities within the Heavy Truck market,” he added.
The 154,000 square-foot Technology Center is located on 28 acres in The Groves, an education, business, and technology park. With more than 75,000 square feet dedicated to research and development testing, the center will enable Dana to continue providing the superior systems and products to lead the industry.
Dana worked in cooperation with Kalamazoo Valley Community College, the City of Kalamazoo, and the State of Michigan to bring the new Heavy Truck Technology Center to the area.
The Dana Heavy Truck Group engineers and produces strategic components, modules, and systems for the world’s on-highway medium- and heavy-truck manufacturers. One of Dana’s strategic business units, the group supplies steer axles, drive axles, trailer and auxiliary axles, brakes, power take-off and auxiliary power products, heavy-chassis assembly and distribution systems. All technological and manufacturing resources are coordinated on a global basis to provide solutions to customers around the world.
Dana Corporation is one of the world’s largest independent suppliers to vehicle manufacturers and the aftermarket. Founded in 1904 and based in Toledo, Ohio, the company operates some 320 major facilities in 33 countries and employs more than 82,000 people. The company reported sales of $13.2 billion in 1999. Dana’s Internet address is www.dana.com