Dana Corporation
will provide front and rear axle assemblies and front and rear driveshaft assemblies
for light trucks and sport-utility vehicles to be produced in the United States
by a major Japanese automotive manufacturer beginning in 2004. The combined annual
value of this new business is approximately $US100 million.
Dana will begin production of Spicer rear axle assemblies for the customer
in May 2003. Outfitted with limited-slip differentials, the assemblies will
be produced at Dana’s Columbia, Missouri, facility. Axle volume is expected
to total approximately 180,000 units annually.
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In addition, Dana will support the programme with Spicer 1310 series front
and rear steel main driveshafts, maintenance-free universal joints, and aluminum
driveshafts. The products will be manufactured at a Gordonsville, Tennessee,
facility beginning in 2003. Combined driveshaft production is expected to total
approximately 250,000 assemblies at full production.
