Dana Corporation and Buehler Motor Form Strategic Alliance to Develop Advanced Motors and Controls
Dec 7, 2000
TOLEDO, Ohio and CARY, N.C., Dec. 7 /PRNewswire/ -- Dana Corporation (NYSE: DCN) and Buehler Motor Inc. announced today that they have formed a product development and supply agreement to provide advanced automotive motor- module technologies and manufacturing expertise to support under-the-hood and under-the-vehicle applications. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) Through this alliance, Dana's Motors and Controls Division and Buehler Motor Inc. will jointly develop and provide components for integrated controls with motor-driven actuation. Buehler Motor will complement Dana Motors and Controls Division's already existing switched-reluctance and DC motor and control technology with expanded DC motor capabilities, along with expertise in miniature precision gear assemblies and high-volume manufacture. In return, Dana Motors and Controls will provide Buehler Motor with the ability to leverage Dana's presence in passenger car, light truck, and heavy truck segments, along with key customer contacts and low-cost manufacturing. The companies currently have identified three near-term market opportunities and will focus their combined activities on these and future targeted sub-system and module applications that fit both companies' motor- module competencies. "This alliance is part of our long-term strategy to further develop our electronic operations," said Phil Weis, vice president and general manager of Dana's Motors and Controls Division. "We are excited about this development agreement with Buehler Motor to offer innovative motor and control design and development solutions to strengthen Dana's electronic product offering." "Buehler Motor is proud to partner with Dana Motors and Controls Division," said Ray Welterlin, vice president and general manager of Buehler Motor NA Motors and Gear Motors Division. "We believe that this collaboration will result in expert systems and be of ultimate benefit to our customers." Dana Corporation is one of the world's largest independent suppliers to vehicle manufacturers and the aftermarket. Founded in 1904 and based in Toledo, Ohio, the company operates some 320 major facilities in 32 countries and employs more than 80,000 people. The company reported sales of $13.2 billion in 1999. Dana's Internet address is http://www.dana.com . Buehler Motor Group is a world leader in standard and custom-engineered drive solutions. Founded 150 years ago in the Black Forest of Germany, Buehler now maintains a global presence in Europe, North America, and Asia. Buehler is a recognized partner to industries worldwide with a highly qualified development department, state-of-the-art production methods, and a certified management system based on DIN EN ISO 9001/QS-9000 and VDA 6.1. Buehler's Internet address is http://www.buehlermotor.com .
SOURCE Dana Corporation
Web Site: http://www.dana.com http://www.buehlermotor.com
Photo Notes: http://www.newscom.com/cgi-bin/prnh/19990903/DANA
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