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Dana adds five facilities in China in 2019

By Niranjan Mudholkar,

Added 23 April 2019

Now has 23 operations in China, including those in which Dana holds an interest.

The increase is the result of Dana's recent acquisition of the SME Group, as well as the Drive Systems segment of Oerlikon Group, including the Graziano and Fairfield brands.

Dana Incorporated has announced that the company had added five facilities in China since the start of the year.  The increase is the result of Dana's recent acquisition of the SME Group, as well as the Drive Systems segment of Oerlikon Group, including the Graziano and Fairfield brands.

The added facilities expand Dana's engineering, manufacturing, testing, and aftermarket service in China. They also strengthen the company's capabilities for electrification and hybridization across the passenger car, commercial-vehicle, and off-highway markets throughout the region.

The recently added facilities are located in:

Shanghai, which engineers and manufactures SME AC electric motors, inverters, controllers, and accessories;

Changshu, which produces planetary gear reducers for e-Drives;

Baoding, which will make e-Axles for new energy buses;

Suzhou, one which produces city bus axles; and a second that produces drives, axles, and gears primarily for off-highway mobile equipment and industrial machinery.

Dana's footprint in China now encompasses more than 6,750 employees at 23 operations, including those in which Dana holds an interest.

"Dana has been operating in China for more than 25 years, and we see a strong opportunity to accelerate our growth in the Asia-Pacific region," said Jim Kamsickas, president and CEO of Dana.  "The addition of these facilities shows how Dana will continue to invest in expanding our capabilities for vehicle manufacturers in China - especially for those that are bolstering their electrification initiatives."

Over the past two years, Dana has completed a series of strategic transactions to support electrification and hybridization in its core markets, including:

the acquisition of the power-transmission and fluid power businesses of Brevini;

the acquisition of a majority stake in TM4, a manufacturer of high-voltage electric motors, power inverters, and control systems;

the purchase of the SME Group, a designer and manufacturer of low-voltage motors, inverters, and control systems, and;

the acquisition of the Drive Systems segment of the Oerlikon Group, including a majority stake in Ashwoods Electric Motors, a designer and manufacturer of interior permanent magnet motors.

Combined with the company's core expertise in driveline technologies, sealing systems, thermal management, and digital offerings, these initiatives position Dana as the leading supplier of electrification solutions for the light-vehicle segment.

END

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