Dana Holding Corporation (NYSE: DAN) is an auto parts and systems company recently emerged from Chapter 11 Bankruptcy.
The company, which has 35,000 workers, is listed on the Fortune 500. Originally incorporated in New Jersey in 1904 as the 'Spicer Universal Joint Manufacturing Company', named after Clarence W. Spicer, engineer, inventor, and founder of the company; it was renamed the 'Spicer Manufacturing Company' in 1909. It relocated to Toledo, Ohio in 1928 and was renamed the Dana Corporation after Charles Dana, who joined the company in 1914 and became president and treasurer in 1916.
On April 16, 2008 Dana appointed Gary Convis, formerly head of manufacturing for Toyota North America and widely considered a preeminent expert in "lean manufacturing" philosophy, to its CEO position.[1]
Key products include axles, driveshafts, frames, and sealing and thermal-management products.
References
- ^ toledoblade.com - Auto industry veteran takes charge at Dana
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