Dana Corporation Recognizes Its Top Suppliers for 1999

Dec 8, 1999

     Company Introduces Program for Suppliers to Utilize Dana University

    TOLEDO, Ohio, Dec. 8 /PRNewswire/ -- Dana Corporation (NYSE: DCN)
recognized its top suppliers at its fifth annual Supplier Day held at the
company's Technical Resource Park in Ottawa Lake, Mich.  More than 100
suppliers from eight countries attended the event.  Six suppliers were chosen
to receive the inaugural Dana Diamond Award.
    Dana President and CEO Joe Magliochetti said, "Our supplier-rating system
has become a tremendous tool to help us team with our suppliers to improve ths.  It is important to us that we recognize and honor those
suppliers that achieve the highest standards of excellence in their support of
our business."
    The 1999 Dana Diamond Award winner for North America is The Timken
Company, a manufacturer of bearings and alloy steels.  Other regional winners
are French-based Elf Atochem for Europe; Brazil-based Bruning Tecnometal for
South America; and Valeo Pyeong Hwa Co, Ltd., of South Korea, for the Asia-
Pacific Region.
    Schafer Gear Works, Inc., of South Bend, Ind., was recognized in the
minority-owned supplier category, and Zeiss, a German-based supplier of
measuring machines, was honored in the non-production category.
    This is the first year that the Dana Diamond awards have been driven by
the balanced scorecard supplier-rating system.  The balanced scorecard allows
Dana to objectively assess its supply base while rewarding those suppliers
that meet its stringent business goals.
    "In addition, Dana is taking the next step in supplier integration with
the introduction of our new Supplier Development Program," said Doug Grimm,
Dana's director of global strategic sourcing.  "This is a terrific opportunity
for us to enhance supplier relationships and further improve quality,
communication, and service excellence to our customers."
    The program enables Dana's preferred suppliers to take advantage of one of
the company's unique programs -- Dana University -- in order to eliminate
waste in the value chain.  Suppliers may enroll in various classes to enhance
their knowledge of proven management techniques, including lean production
methods, continuous quality improvement, process management, and value
analysis/value engineering.
    Founded in 1969, Dana University is an accredited educational initiative
that was established to help meet the individual development needs of all Dana
people.  In recent years, it has grown to three schools: a management school,
a technical school, and a customer and industrial school.
    Dana Corporation is one of the world's largest independent suppliers to
vehicle manufacturers and their related aftermarkets.  Founded in 1904 and
based in Toledo, Ohio, the company operates some 330 major facilities in 32
countries and employs more than 86,000 people.  The company reported sales of
$12.5 billion in 1998.  Dana's Internet address is http://www.dana.com .

SOURCE Dana Corporation

Web Site: http://www.dana.com

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