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Dana Introduces Advanced Drivetrain Solutions And Expanded Global Support Offerings At MINExpo 2012

Stocks in this article: DAN

LAS VEGAS, Sept. 24, 2012 /PRNewswire/ -- At MINExpo 2012 today, Dana Holding Corporation (NYSE: DAN) announced the company's enhanced support for mining OEMs and increased production of drivetrain solutions, including new manufacturing capabilities in China.

Located in booth 26193 in the South Hall of the Las Vegas Convention Center, Dana unveiled plans to launch production of driveline products at the company's facility in Wuxi, Jiangsu Provence, China, over the next several months to better support the world's largest market for mining machinery.

This expansion of production capabilities reflects Dana's planned increase in global manufacturing output of axles for mining applications over the next 24 months.

"For more than 45 years, Dana has offered the most durable, reliable solutions to the major global suppliers of mining equipment," said Aziz Aghili, president of Dana Off-Highway Driveline Technologies. "With the demand for mining equipment expected to more than double over the next 10 years, we have increased our production capabilities and deployed our engineering and manufacturing resources to more efficiently supply our driveline solutions to the regions of the world with the highest anticipated growth."

Expanded Support for Mining in China

This summer, Dana began producing five models of medium- and large-sized Spicer ® mining axles in China. Designed with dynamic load capacities ranging from 20 to 60 tons (18 to 54 tonnes), these axles are used for a variety of mining vehicles, including load haul dumpers (LHDs), mining trucks, and scoops.

The deployment of added manufacturing capacity is the latest in a series of initiatives to better support Dana's OEM customers in China. In February, Dana announced the start of production on the Spicer TZL Series, a new line of powershift transmissions for premium ZL50 and ZL60 front-end loaders and 110-165 kW (150-225 horsepower) motor graders manufactured in China.

Next year, Dana plans to open a 130,000 square-foot (12,000 square-meter) technical center in Wuxi to provide advanced product and applications engineering through research, design, development, and testing of driveline, sealing, and thermal-management products, including electric vehicle battery coolers.

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