Dana Incorporated (DAN) is a global leader in the supply of highly engineered drivetrain, sealing, and thermal-management technologies. The Fortune 500 Company, with headquarters in Maumee, Ohio, delivers a broad range of products and services that improve the efficiency and performance of passenger, commercial, and off-highway vehicles. Founded by Clarence Spicer in 1904, the company began with a groundbreaking universal joint that eliminated the need for an inefficient chain drive in automobiles. This innovation set Dana's trajectory to become a trendsetter in groundbreaking vehicular technologies.
Today, with 150 major facilities in 33 countries spread around North and South America, Europe, Asia, and Africa, Dana Inc is a truly global force in vehicle equipment manufacturing. The company's diverse workforce of approximately 36,000 employees drives its constant pursuit of innovation and excellence. Dana Inc's extensive product line includes axles, drive shafts, transmissions, sealing products, thermal-management technologies, and digital and electric vehicle solutions.
In terms of financial performance, Dana Inc (NYSE: DAN) recorded sales of $8.1 billion in 2020. Dana Incorporated prides itself on being dedicated to client success, with many tailored solutions to meet the specific needs of original equipment manufacturers. Its customer base includes virtually every major vehicle and engine manufacturer in the global automotive, commercial vehicle, and off-highway markets.
Notably, Dana Inc is also committed to fostering sustainability and corporate responsibility. Dana's environmental consciousness is reflected in its production operations, where it implements energy-efficient practices and recycles or reuses waste materials. The company’s sustainability goals are also evident in its product line, with the development and production of components for hybrid and electric vehicles. This commitment to environmental responsibility extends beyond its operations and into its communities, where the company supports local environmental efforts and educational initiatives.
In recognition of its achievements, Dana Inc has received numerous accolity in the industry. In 2019, for instance, it was named to Forbes' List of America's Best Employers, and it has consistently received excellent scores in the CDP's annual Climate Change Program. This ongoing recognition underscores the company’s commitment to delivering top-tier products while maintaining responsible and sustainable practices. All in all, Dana Incorporated is not just a provider of state-of-the-art products for various vehicle types, but also a forward-looking organization striving for sustainability and a better future.