Dana Corp establishes new business unit

Dana Corp has formed a new strategic business unit, the Heavy Vehicle Technologies and Systems Group (HVTSG). The business unit integrates the operations of the Off-Highway Systems Group and Commercial Vehicle Systems, which were formerly separate business units.

As president of the new business unit, Nick Cole will lead the integration of people, plants, and equipment of the two groups, which in 2001 had combined sales of $1.7 billion, 27 major facilities, five technical centers, and 7,500 employees.

Within HVTSG, the Commercial Vehicle Systems Group will remain focused on on-highway vehicles for transport over six tons and related support vehicles. Its products include Spicer heavy axle and brake products, medium- and heavy-duty driveshafts, Spicer trailer products, and Roadranger modules and systems (in conjunction with Eaton Corp). It has dedicated research and development, engineering, manufacturing, and assembly operations. Norm Boisvert has been named vice-president of the Commercial Vehicle Systems Group.

The Off-Highway Systems Group will continue within HVTSG to supply Spicer axles and brakes, transaxles, transmissions, driveshafts, torque converters, and electronic controls for construction, agricultural, material handling, mining, forestry, specialty chassis, and other industrial markets. It also has dedicated R&D, engineering, manufacturing, and assembly operations. Mike Watkins has been named vice-president of the Off-Highway Systems Group.

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