Dana Breaks Ground For Owensboro, Kentucky, Frame Plant; Operation Will Supply New Toyota Facility

    OWENSBORO, Ky., July 3 /PRNewswire/ -- Dana Corporation's Parish Light
Vehicular Structures Division today broke ground for its new Owensboro,
Kentucky, frame manufacturing facility in a ceremony attended by Kentucky Gov.
Paul E. Patton and U.S. Sen. Wendell Ford (D., Ky.).
    The 100,000-square foot building, to be located on a 20-acre site in
Owensboro's Mid-America Air Park, will initially supply light-truck frames on
a just-in-time basis for a new Toyota Motor Manufacturing, Indiana, Inc.,
facility in nearby Princeton, Indiana.  Frame production will begin by late
1998, in advance of Toyota's scheduled January, 1999, production of T-100
pickup trucks.
    Michael Greene, group vice president of Dana's Parish Structural
Components unit, noted that Dana is the first vehicular component supplier to
break ground in Northwestern Kentucky in anticipation of serving Toyota's
Princeton facility.
    "We're excited at the prospect of partnering with our new friends in
Owensboro to serve Toyota," Greene said.  "And we're proud to be a tangible
example of the economic development success taking place in Northwestern
Kentucky."
    The Owensboro facility, which Greene said is expected to employ
approximately 195 people, will be Dana's sixth plant in Kentucky.
    The Owensboro facility will be Parish's third Kentucky-based plant,
joining sister operations in Elizabethtown and Hopkinsville.  Parish currently
operates six additional truck frame manufacturing operations in North America,
along with Dana affiliate facilities in Venezuela, Argentina, Brazil, and
Colombia.  In addition to its frame plants, Dana's Kentucky facilities include
a gasket facility in Danville, a rubber products operation in Fulton, and a
driveshaft assembly plant in Louisville.
    Dana Corporation (NYSE: DCN) is a global leader in the engineering,
manufacture, and distribution of products and systems for the vehicular,
industrial, and off-highway markets.  Its core businesses are axles,
driveshafts, structural components (frames), sealing products, filtration
products, engine products, industrial products, and leasing services.  Its
leasing operation, Dana Commercial Credit, 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:
www.dana.com.

SOURCE  Dana Corporation

CONTACT: Gary Corrigan, Director-Corporate Communications, of Dana,
419-535-4813