Dana Corporation Selected as 'Best of The Best' in Four Product Categories
Jul 31, 2002
Automotive Industries Magazine Recognizes Top Suppliers in Annual Quest for Excellence Rankings TOLEDO, Ohio, July 31 /PRNewswire-FirstCall/ -- Dana Corporation (NYSE: DCN) announced today that it has earned top honors in Automotive Industries magazine's annual ranking of the top automotive suppliers. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) Dana was recognized in the 5th annual Quest for Excellence survey in four categories: axle components, traction systems, suspension systems, and engine components. This is the second consecutive year that Dana has received the award for its axle components and the fifth year that a Dana group has been recognized. Recipients of the awards are chosen through a survey that is sent to some 12,000 automotive engineering, design, purchasing, manufacturing, and management professionals. Participants were asked to rate suppliers based upon personal experience in the categories of quality, price, delivery and customer service, and innovation. In awarding the honors, Andy Cummins, publisher of Automotive Industries, said, "The results of this survey are not the opinion of Automotive Industries or any of its staff. We asked our readers to make the selections based on their own experiences with the individual supplier companies." "Suppliers who consistently rank high in the five areas of quality, price, delivery/response, and innovation deserve to rank among the best of the best and receive the coveted 'Quest for Excellence' award," he added. Dana Chairman and CEO Joe Magliochetti said, "We are particularly proud of each of the operations that have earned this prestigious award. This is quite an honor, and it is especially gratifying because it was our customers who ranked us best in class among our peers. As Dana continues its transformation, we will continue to create value for our OEM customers and our shareholders. Our ability to offer complete vehicle drivetrain systems is just one way we are allowing our customers to recognize improved quality, reduced cost, and more consistent performance." 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 approximately 70,000 people worldwide. Founded in 1904 and based in Toledo, Ohio, Dana operates hundreds of technology, manufacturing, and customer service facilities in 34 countries. The company reported sales of $10.3 billion in 2001.
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