Dana Holding Corporation (NYSE: DAN) has been honored by General Motors (NYSE: GM) as a 2012 Supplier of the Year in recognition of its operations that support GM's production in Ecuador. GM Ecuador also named Dana as the best supplier of direct material in the chassis category.
The GM Ecuador Supplier Awards recognize the work of domestic and foreign suppliers for their contributions to industrial development based on the four basic principles of the value chain: quality, service, technology, and competitiveness.
From its operation in Colombia, Dana supplies GM Ecuador with complete rear dressed axle modules and front and rear driveshafts for multiple platforms. Dana's driveline products provide superior product performance; advanced noise, vibration, and harshness (NVH) characteristics; and optimized design to satisfy demanding vehicle needs.
"Dana has served General Motors in the Ancom Region of South America for nearly 40 years, providing it with high-quality system solutions designed for maximized efficiency," said Mark Wallace, president of Dana Light Vehicle Driveline Technologies. "This recognition is a reflection of our strong commitment to manufacturing and engineering, emphasis on quality, and service to our customers."
This year, Dana will open a new manufacturing operation in Ecuador to expand Dana's reach and footprint in the region. The facility will produce driveline sets for one of General Motors' new global programs and provide long-term sourcing options and flexibility for future programs.
About Dana Holding Corporation
Dana is a world-leading supplier of driveline, sealing, and thermal-management technologies that improve the efficiency and performance of passenger, commercial, and off-highway vehicles with both conventional and alternative-energy powertrains. The company's global network of engineering, manufacturing, and distribution facilities provides original-equipment and aftermarket customers with local product and service support. Based in Maumee, Ohio, Dana employs more than 23,000 people in 26 countries and reported 2012 sales of $7.2 billion. For more information, please visit www.dana.com.
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