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Dana Inaugurates Newest Technology Center In Pune, India

Stocks in this article: DAN

PUNE, India, Jan. 28, 2014 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) today dedicated the company's 8,000 square-meter (90,000 square-foot) technology center in Pune, India.  Home to more than 240 engineers, this facility is strategically equipped and located to offer world-class engineering capabilities to original-equipment manufacturers in the light-vehicle, commercial-vehicle, and off-highway markets in India and throughout the region.

The Dana India Technical Center is the company's 13th facility in India, further expanding Dana's footprint in the region to support future growth.  Dana employs more than 2,900 people in India, including those operations in which the company holds a joint interest.

" India is a vital market that propels economic growth throughout the Asia Pacific region, and our investment in that country over the past half century demonstrates our commitment to and confidence in the region," said Dana President and CEO Roger Wood.  "The Dana India Technical Center allows us to offer our customers unmatched local technical expertise and a direct connection to our industry-leading global engineering resources."

Dana customers in India including Ashok Leyland Ltd., Caterpillar India, Deere and Co., Force Motors, Ford India, General Motors India, Mahindra & Mahindra, Mahindra Trucks and Buses Ltd., TAFE, Tata Motors, and VE Commercial Vehicle Ltd.  Export customers include Caterpillar, Ford, Land Rover, Nissan, Renault, Still, and Toyota.

Devoted to the research, design, development, and testing of drivetrain, sealing, and thermal-management products, the Dana India Technical Center is fully integrated into Dana's global research and development system to support new products from concept development through launch, as well as to adapt technologies developed elsewhere in the world for the specific needs of the Indian market.

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