BusinessApril 26, 1999
BUSINESS MEMO: DANA REPORTS RECORD SALES
Dana Corp., headquartered in Toledo, Ohio, has announced record first-quarter sales and profits. Sales for the quarter were $3.4 billion, reflecting a 5 percent increase. Profits were up 21 percent, at $162 million. Dana is a global supplier of original equipment components to vehicular, industrial and mobile off-highway markets and their related after-markets. ...
Dana Corp., headquartered in Toledo, Ohio, has announced record first-quarter sales and profits.
Sales for the quarter were $3.4 billion, reflecting a 5 percent increase. Profits were up 21 percent, at $162 million.
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Dana is a global supplier of original equipment components to vehicular, industrial and mobile off-highway markets and their related after-markets. The company, founded in 1904, operates in 32 countries and employs more than 85,000 people. Dana reported record sales of $12.5 billion in 1997.
Dana employs 400 people at its Spicer Axle Division plant at 2075 Corporate Circle in Cape Girardeau.
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