Dana Holding Corp. Breathes New Life Into Former Jeep Site
Automotive leader Dana announced it will invest $70 million to open a new high-tech axle manufacturing plant and create more than 300 new jobs at former Willys-Overland Motor, which developed the original Jeep®.
Dana Holding Corp. announced plans to open a new high-tech axle manufacturing facility in Toledo, Ohio. The company will invest $70 million in its expansion of a recently constructed 100,000 square foot facility on a site previously home to Willys-Overland Motors, which developed the original Jeep. Over the next three years the company plans to build-out the facility to nearly 300,000 square feet and add more than 300 new jobs by 2020.
"Dana has remained committed to metropolitan Toledo, its home for nearly 90 years. In 2015, we strengthened our commitment to the area by consolidating numerous satellite offices in the region into our expanded World Headquarters and Technology Center in Maumee," said James Kamsickas, Dana president and CEO.
Based in Maumee, Ohio, Dana is a world leader in the supply of highly engineered drivetrain, sealing, and thermal-management technologies that improve the efficiency and performance of vehicles with both conventional and alternative-energy powertrains.
The new site continues a heritage of Automotive industry excellence in Ohio. "The investment in this new manufacturing facility is another substantial example of Dana's commitment to the city and our community. It is an honor for Dana to return manufacturing to the historic site where Toledo's automotive industry began more than 100 years ago,” said Kamsickas. READ MORE >