DANA REORGANIZES OPERATIONS

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TOLEDO, Ohio, — Dana Corp. has announced an extensive reorganization of its Heavy Truck business unit, which is now known as Commercial Vehicle Systems.

“This new name more accurately reflects the global markets this unit serves,” said Joe Magliochetti, Dana chairman and chief executive officer. He says the realignment “will expand our capabilities, introduce more proprietary technology, and provide value-added products, systems, and services to our customers, while generating exceptional benefits for our shareholders.”

Rick Clayton, an 18-year Dana veteran who has led the Heavy Truck Group since it was organized in 1997, will continue as president of the Commercial Vehicle Systems Unit.

As part of the reorganization in North America, the Heavy Axle and Brake Division and Trailer Products Division have been transformed into two new divisions. Much of the division is now a part of the Commercial Vehicle Axle Division, which will focus on drive axles, proprietary OEM axles, modules, and related components.

Sales to the major truck, bus, and military and specialty OEMs will continue to be the responsibility of this division. Norm Boisert will continue to lead this unit.

A new Ride and Control Systems Division combines elements of trailer axles, along with new components and systems, including auxiliary axles, steer axles, brake systems, tire management systems, and truck and trailer modules. This division will be headed by Greg DiMarco, and will introduce systems that will include modules and suspensions.

The Commercial Vehicle Axle Division and Ride and Control Systems Division will be both be located at the Commercial Vehicle Technology Center in Kalamazoo, Mich. The two will share people, program, test, and financial resources.

The Commercial Vehicle Service Parts division will integrate the global parts and marketing functions under one banner. Len Newblom will be in charge of this division.

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