The company is investing approximately €46 million in the new facility, which will begin production in early 2018 employing approximately 200 highly qualified associates when full production is reached in 2020.
The facility will produce Spicer® AdvanTEK® hypoid or spiral bevel ring and pinion gear sets. Dana manufactures gears 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 company's AdvanTEK line of gears offers best-in-class noise, vibration, and harshness (NVH) performance, as well as greater power density in a compact package. When integrated into an axle, these gear sets are responsible for transmitting driving torque to the wheels – delivering improved fuel efficiency, enhanced vehicle performance, and maximum durability for the complete spectrum of light and commercial vehicles.
The new plant will serve as the company's fourth operation in Hungary. The decision to develop another plant within the country was made possible by the
"We are excited to be building this new gear-manufacturing facility to support new business growth in
"We are grateful for the strong support that HIPA and the Hungarian government have provided as we expand our gear-manufacturing capacity in the region. Dana has operated in Győr for more than 10 years, and we know from experience that we can find exceptional employees there," Pyle added.
Dana is a world leader in highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery. Dana supports the passenger vehicle, commercial truck, and off-highway markets, as well as industrial and stationary equipment applications. 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. The company reported sales of more than
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Jeff Cole, +1-419-887-3535, firstname.lastname@example.org