Dana Corporation Begins Production for Global Toyota Truck Platform
12 Januar 2005 - 7:30PM
PR Newswire (US)
Dana Corporation Begins Production for Global Toyota Truck Platform
TOLEDO, Ohio, Jan. 12 /PRNewswire-FirstCall/ -- Dana Corporation
(NYSE:DCN) announced today that it is has begun supplying a variety
of components for a new version of the 2005 Toyota Tacoma pick-up
truck, as well as the HiLux pick-up truck, which is based on the
same platform. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) Dana supplies
full-perimeter frames and propshafts for the Tacoma. In addition,
Dana produces a full-perimeter frame and a rear final-drive unit
for Toyota's South American version of the HiLux, as well as the
rear final-drive unit and propshafts for the South African version
of the vehicle. This is the first time Dana has undertaken complete
frame assembly through its facility in Buenos Aires, Argentina. In
addition, Dana will be solely responsible for the manufacture,
assembly, and supply of the complete full- perimeter frame in North
America. Dana will also supply front and rear propshafts on all
models for both vehicles. "We're excited about the opportunity to
supply these two vehicles and strengthen our relationship with
Toyota," said Dana chairman and CEO Michael J. Burns. "Dana's
global capabilities allow us to support Toyota's needs -- on a
local basis -- around the world." Production will take place at
several facilities of Dana and its subsidiaries, including
Stockton, Calif.; Gordonsville, Tenn.; Buenos Aires, Argentina;
Gravatai, Brazil; Valencia, Venezuela; and Uitenhage, South Africa.
"For more than a decade, Dana has valued its supplier partnership
with Toyota," said Mike Laisure, president of Dana's Automotive
Systems Group. "Our ability to provide flexible, advanced vehicle
assemblies that meet Toyota's needs globally made us a natural
partner for this program." Dana is also providing oil coolers,
manufactured in Cambridge, Ontario, for the Tacoma and HiLux
radiator assembly. 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. Dana's Internet address is
http://www.dana.com/ .
http://www.newscom.com/cgi-bin/prnh/19990903/DANA
http://photoarchive.ap.org/ DATASOURCE: Dana Corporation CONTACT:
Corporate Contact, Gary Corrigan, +1-419-535-4813, or , or Product
Contact, Jeff Cole, +1-419-887-3535, or Web site:
http://www.dana.com/ Company News On-Call:
http://www.prnewswire.com/comp/226839.html
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