Dana Corporation Reorganizes Warner Electric Operation For Stronger Customer Focus
May 22, 1997
TOLEDO, Ohio, May 22 /PRNewswire/ -- Dana Corporation (NYSE: DCN) today
announced the reorganization of its Warner Electric group into two divisions
that will link Warner Electric sales, service, and manufacturing more closely
to its customers.
The new divisions are Warner Electric Industrial Products Division and
Warner Electric Motors and Controls Division.
Warner Electric Industrial Products Division provides a wide variety of
clutches, brakes, and sophisticated electronic clutch/brake controls, ball
bearing screws, and numerous types of linear actuators for positioning and
material moving.
Warner Electric Motors and Controls Division provides a number of multi-
axis electronic controls, step motors, synchronous motors, variable reluctance
motors, AC and DC motor drives, voltage conditioning and surge suppression
equipment, and lighting controls.
According to Mike Plumley, group vice president, Industrial Products,
"Being organized as two separate divisions offers us an opportunity to better
focus on the needs of our customers. The resulting market focus will improve
our customer service, place more emphasis on new product development, and
better position Warner Electric for future growth through existing product
lines and new acquisitions."
Both Warner Electric divisions offer their automation-oriented products to
a wide variety of original equipment manufacturers and users for a myriad of
applications in the processing equipment, machine tool, business machine,
communication, aircraft, marine, rail, agriculture, construction, mining,
medical, and automotive industries. All Warner Electric products are
frequently combined into complete systems that provide motion control system
solutions from a single source.
Close ties with distributor partners will continue to be a hallmark of
Warner Electric growth. With over 1,100 distributor locations in North
America and Europe, Warner Electric products are applied in plants throughout
the industrial world.
With its global outreach, Warner Electric products are manufactured in
plants located in nine countries throughout North America, Europe, and South
America. Sales and service are also offered from locations in the Pacific Rim
countries and China.
Warner Electric accounts for a major portion of Dana's Industrial Products
group, which last year had $730 million in sales. The Industrial Products
group complements six other Dana operations that together accounted for
approximately 85 percent of Dana Corporation's $7.7 billion in sales in 1996.
The other core businesses are axles, driveshafts, structural components,
sealing products, filtration products, engine products, and leasing services.
Dana Corporation is a global leader in the engineering, manufacture, and
distribution of products and systems for the vehicular, industrial, and off-
highway markets. Its leasing services operation was a recipient of the 1996
Malcolm Baldrige National Quality Award. Founded in 1904 and based in Toledo,
Ohio, Dana operates facilities in 30 countries with more than 48,000 people.
Its 1996 sales were $7.7 billion. It has more than 40 product research and
development centers worldwide. The Internet address for Dana's home page is:
http://www.dana.com.
For additional information, please contact: Warner Electric Industrial
Products Division, 449 Gardner Street, South Beloit, IL 61080,
Phone: 815-389-2585, Fax: 815-389-2585, Internet address:
http://www.warnernet.com, or Warner Electric Motors and Controls Division, 640
Avis Drive, Suite 200, Ann Arbor, MI 48108, Phone: 313-669-4700,
Fax: 313-669-4733.
SOURCE Dana Corporation
CONTACT: Gary Corrigan, Director-Corporate Communications, of Dana
Corporation, 419-535-4813