Dana Corporation Elects Duke Power President Richard B. Priory To Board Of Directors

Oct 21, 1996


    TOLEDO, Ohio, Oct. 21 /PRNewswire/ -- Richard B. Priory, president and
chief operating officer of Duke Power Co., Charlotte, N.C., has been elected
to the Dana Corporation Board of Directors, Dana Chairman and Chief Executive
Officer Southwood J. Morcott announced today.
    "Over the past two decades, Mr. Priory has been instrumental in Duke
Power's growth into one of the largest publicly-owned utilities in the United
States," Morcott said.  "We are excited about the broad dimension of talent
and experience he brings to the Dana Board."
    Since joining Duke Power as a civil engineer in 1974, Priory has held a
variety of posts, including design engineer; manager, Project Management; vice
president, Design Engineering; senior vice president, Generation and
Information Services; and executive vice president, Power Generation Group.
He was named president and chief operating officer in 1994.
    Based in Charlotte, N.C., Duke Power provides electricity to more than
1.7 million customers in a 20,000-square-mile region in North and South
Carolina.  Through its subsidiaries, Duke Power is engaged in a variety of
other businesses, including engineering consulting, power plant design and
construction, and real estate development.
    Priory earned a bachelor of science in Civil Engineering from the West
Virginia Institute of Technology and a master's degree in Engineering at
Princeton University.  In addition to his Dana Corporation appointment, he
serves on the boards of Duke Power, the J.A. Jones Applied Research Center,
and Duke Fluor Daniel Company.  In 1994, Mr. Priory was inducted into the
National Academy of Engineering for his leadership and management of power
plant facilities.
    Dana Corporation is a global leader in the engineering, manufacturing and
distribution of products and systems for the vehicular, industrial and mobile
off-highway markets.  Founded in 1904 and based in Toledo, Ohio, Dana operates
facilities in 29 countries with 45,000 people.  Its 1995 sales were $7.6
billion.  Named in 1995 by Financial World magazine as one of the "Best 100
Growth Companies," Dana is noted for its style of management and its
commitment to innovation.  It has 38 product research and development centers
worldwide.  Dana also owns Dana Credit Corporation, a leading provider of
lease financing services. The internet address for Dana's home page is
http://www.dana.com.

SOURCE  Dana Corporation

CONTACT: Gary Corrigan, Director-Corporate Communications, of Dana
Corporation, 419-535-4835

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