Dana's Spicer Light Axle Group Earns Circle of Excellence Award for Leadership in Developing Minority Supplier Partnerships

    FORT WAYNE, Ind., May 5 /PRNewswire/ -- The Spicer Light Axle Group of
Dana Corporation (NYSE: DCN) has earned the 1999 Circle of Excellence Award
presented by the Indiana Regional Minority Supplier Development Council
(IRMSDC).  The award, which is sponsored by the National Minority Supplier
Development Council, recognizes the axle group's "outstanding efforts and
dedication toward the advancement of minority enterprises."
    During 1998, the Spicer Light Axle Group was recognized on five occasions
by the IRMSDC as Northern Indiana's top corporation for purchasing materials
and services from minority suppliers.
    Spicer Light Axle Group Director of Procurement Jim Hensel said, "Spicer
Axle and Dana Corporation are extremely proud to have been recognized as a
leader in the advancement of minority enterprises.  Our procurement people
have worked with each of our eight manufacturing and assembly facilities to
develop partnerships with minority suppliers that are mutually beneficial and
which add value to our bottom line."
    Spicer Light Axle Group facilities have made significant progress in
purchases from minority suppliers, advancing from $2.1 million in minority
purchases in 1996 to $10.2 million in 1998.  The Group is expected to make
more than $15 million in purchases from minority suppliers in 1999.
    "Our nearly five-fold growth in minority purchases over the past several
years is indicative of Dana's commitment to this important endeavor," Hensel
added.
    The Spicer Light Axle Group is part of Dana's Automotive Systems Group, a
$4.3 billion strategic business unit comprising the design, manufacture, and
assembly of axles, driveshafts, structural products, vehicular clutches and
brakes, and modules and systems.  The Light Axle Group is comprised of two
market-oriented divisions:  the Spicer Light Vehicle Axle Division, focusing
on automobiles and sport utility vehicles; and the Spicer Light Truck Axle
Division, which is focused on the needs of light truck and van producers.
Along with Dana axle affiliates in 15 other nations, the Spicer Light Axle
Group produces nearly four million axles annually in support of customer
programs across the globe.
    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 330 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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