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DANA PRESENTED WITH TOP QUALITY AWARD

ARLINGTON, Va. -- U.S. President George W. Bush and Secretary of Transportation Norman Mineta have presented Dana C...


ARLINGTON, Va. — U.S. President George W. Bush and Secretary of Transportation Norman Mineta have presented Dana Corp. with the 2000 Malcolm Baldrige National Quality Award for manufacturing.

The award, which recognizes the quality-oriented achievements of Dana’s Spicer Driveshaft unit, was first announced in November.

Spicer Driveshaft was one of two recipients in the manufacturing category this year and one of only 19 operations to have garnered the honor for manufacturing since it was first awarded in 1988.

Separately, Dana has agreed to sell the assets of its Dallas, Tex., Fluid Systems operation to the Maxair division of Standard Motor Products.

Terms of the transaction, which is expected to close in the next 10 days, were not released.

The operation primarily manufactures evaporator, tube and hose assemblies, and fin-tube bundles for the automotive HVAC aftermarket.

Sales for the operation, which employs approximately 30 people, were approximately US$7 million in 2000.


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