Dana Incorporated is an American supplier of axles, driveshafts, and electrodynamic, thermal, sealing, and digital equipment for conventional, hybrid, and electric-powered vehicles. The company's products and services are aimed at the light vehicle and commercial vehicle equipment markets. Founded in 1904 and based in Maumee, Ohio, the company employs nearly 28,000 people in 33 countries. In 2022, Dana generated sales of $10.2 billion. The company is included in the Fortune 500.[2]
History
- In 1904, Clarence W. Spicer, engineer, inventor, and founder of the company, began manufacturing universal joints in Plainfield, New Jersey.
- Also in 1904, the first C.W. Spicer "u-joints" were shipped to Corbin Motor Company in Connecticut.
- In 1905, Spicer Universal Joint Manufacturing Company was incorporated.[3]