Dana Corp.
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| Dana Holding Corporation | |
|---|---|
| Type | Public (NYSE: DAN) |
| Founded | 1904 |
| Headquarters | Toledo, Ohio |
| Products | Automotive |
| Website | www.dana.com |
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.
[edit] Environmental Record
Dana Corp. was ranked number 92 on the Political Economy Research Institutes "THE TOXIC 100: Top Corporate Air Polluters in the United States" list for 2002.[2] However in the same year, Dana Corp. received an award from TOPPS for pollution prevention accomplishments of businesses and industries in the San Joaquin County in the state of California. [3]It was reported that Dana Corp. has asked the court overseeing its bankruptcy case to determine how much it owes the state of Ohio for allegedly contributing to pollutants that seeped into the Ottawa River from nearby landfills on November 10, 2007. [4] Dana Corp. also wants the U.S. government to pick up some of the $250 million cost of cleaning up a toxic factory site in South Plainfield, N.J., saying that the Defense Department oversaw the factory during World War II, when much of the contamination occurred.[5]
[edit] References
- ^ toledoblade.com - Auto industry veteran takes charge at Dana
- ^ PERI - Political Economy Research Institute: Toxic 100 Table
- ^ TOPPS - Preventing Pollution in San Joaquin County
- ^ Dana Corp. asks bankruptcy court to determine Ohio pollution cost - Topix
- ^ Dana Corp.: Gov't Should Share Blame For Toxic Site
[edit] External links
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