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A product by Dana Inc. | source: HIPA

New gear manufacturing facility to be built in Gyõr

D&T
April 6, 2017

The American automotive parts producer Dana Incorporated broke ground on its new European gear manufacturing facility in Gyõr, NW Hungary to support new business in the region. Production is planned to start in 2018.

Founded in 1904, Dana employs
approximately 27,000 people in 34 countries on six continents who are committed
to delivering long-term value to customers. Based in Maumee, Ohio, the
company's operations were selected as a 2017 ‘Top Workplace’ in Northwest Ohio
and Southeast Michigan. The company reported sales of more than USD 5.8 billion
in 2016.

The new 13,000 square-meter
facility will provide customers in the region with access to Dana's advanced
design, engineering and manufacturing expertise to support their sourcing
initiatives and technology strategies. Dana invests approximately EUR 46
million in the new state-of-the-art factory, creating approximately 200 jobs by
2020, and will serve as a significant enabler to further satisfy the regional
needs of Dana's global OEM partnersThe facility will manufacture primary ring
and pinion drive gearing for traditional banjo and beam axles, as well as
all-wheel-drive systems. Full axle assembly on the site is possible in the
future.

The new plant will serve as
the company's fourth operation in Gyõr. The decision to develop another plant
within the country was made possible by support of the Hungarian Government
which awarded Dana – with the cooperation of Hungarian Investment Promotion
Agency (HIPA) – non-refundable cash grants and tax incentives whose amounts were
not disclosed in HIPA’s statement on the groundbreaking ceremony.

As the President of Dana Light
Vehicle Driveline Technologies, Bob Pyle pointed out at the event, "we are
excited to be building this new gear-manufacturing facility to support new
business growth in Europe. This plant is strategically positioned in close
proximity to our existing Gyõr operations and will enable us to deliver
technologies to our European customers more quickly and cost effectively."

D&T

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