Dana Corporation Earns Volvo Award of Excellence
Apr 21, 2003
TOLEDO, Ohio, April 21 /PRNewswire/ -- Dana Corporation (NYSE: DCN) has been named one of five winners of the 2002 Volvo Car Corporation Award of Excellence. Dana's Victor Reinz division received the award for its thermal acoustical protective shields (TAPS) technology, found in the entire range of Volvo vehicles, including the award-winning Volvo XC90 sport-utility vehicle. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) "We are honored that our Victor Reinz group has received this award," said Mike Laisure, president of Dana's Engine and Fluid Management Group. "We value our relationship with Volvo, and this recognition reinforces our commitment to continuous improvement and innovation." Thermal acoustical protective shields protect sensitive electronics, fuel systems, and passenger compartments from extreme heat -- up to 500 degrees Celsius. They also reduce engine noise, vibration, and harshness. The compactness of Dana's TAPS -- with an installed thickness of 1.5 mm -- saves space, while providing enough strength to support the attachment of other components. Dana's TAPS incorporate three stamped layers, including an insulating filler. This three-layer shield weighs less than many other manufacturers' two-layer models. Volvo's 380 global suppliers were narrowed to 11 for Award of Excellence nominees. Suppliers were judged on six criteria, including quality, cost reduction, technology, and productivity. Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicle manufacturers and their related aftermarkets. The company employs more than 60,000 people worldwide. Founded in 1904 and based in Toledo, Ohio, Dana operates hundreds of technology, manufacturing, and customer service facilities in 30 countries. The company reported 2002 sales of $9.5 billion.
SOURCE Dana Corporation
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