Dana Corporation Chairman Speaks at First SAE Commercial Vehicle Engineering Congress
27 Ottobre 2004 - 4:02PM
PR Newswire (US)
Dana Corporation Chairman Speaks at First SAE Commercial Vehicle
Engineering Congress CHICAGO, Oct. 27 /PRNewswire-FirstCall/ --
Michael J. Burns, Chairman and CEO of Dana Corporation (NYSE:DCN),
cited technology advancements and collaboration as key drivers for
the continued growth of the commercial vehicle industry during a
kickoff address Tuesday at the inaugural Society of Automotive
Engineers (SAE) Commercial Vehicle Engineering Congress &
Exposition in Chicago. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) "The pace of
technological advancement continues to accelerate within this
sector," Mr. Burns said. "Across the supply industry, we're seeing
innovation -- in terms of both process and product -- evolve at an
impressive rate. This, in turn, is enabling us to deliver enhanced
value to our customers. "On balance, I believe the commercial
vehicle market is currently positioned as well or better than any
other sector of the vehicular industry," he added. "With nearly $2
billion in annual commercial vehicle sales, Dana is a major player
in these markets. And we couldn't be happier about it -- or more
committed to this industry." Mr. Burns also emphasized the
importance of suppliers collaborating to deliver better solutions,
and enhanced value, to their customers. "Our Roadranger(R)
marketing agreement with Eaton is a great example of the power of
partnership," he said. "By leveraging our combined strengths, we
are turning 'two-plus-two' into something far greater than four."
Mr. Burns' remarks were delivered at the Dana Technology Theater,
which will play host to a series of panels this week focusing on
key issues pertaining to both the on- and off-road heavy-duty
markets. The inaugural Commercial Vehicle Engineering Congress is
designed to bring together engineering professionals, suppliers,
and manufacturers in the truck and bus industry and those in
off-highway and agricultural machinery manufacturing. Dana
Corporation is a global leader in the design, engineering, and
manufacture of value-added products and systems for automotive,
commercial, and off-highway vehicles. Delivering on a century of
innovation, the company's continuing operations employ
approximately 45,000 people worldwide dedicated to advancing the
science of mobility. Founded in 1904 and based in Toledo, Ohio,
Dana operates technology, manufacturing, and customer-service
facilities in 30 countries. Sales from continuing operations
totaled $7.9 billion in 2003. Dana's Internet address is:
http://www.dana.com/ .
http://www.newscom.com/cgi-bin/prnh/19990903/DANA
http://photoarchive.ap.org/ DATASOURCE: Dana Corporation CONTACT:
Gary Corrigan of Dana Corporation, +1-419-535-4813, or Web site:
http://www.dana.com/ Company News On-Call:
http://www.prnewswire.com/comp/226839.html
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