Dana Inaugurates Newest Technology Center in Pune, India

           Dana Inaugurates Newest Technology Center in Pune, India

Facility Bolsters Commitment to Advanced, Localized Engineering Support for
Asia-Pacific Region

PR Newswire

PUNE, India, Jan. 28, 2014

PUNE, India, Jan. 28, 2014 /PRNewswire/ -- Dana Holding Corporation (NYSE:
DAN) today dedicated the company's 8,000 square-meter (90,000 square-foot)
technology center in Pune, India. Home to more than 240 engineers, this
facility is strategically equipped and located to offer world-class
engineering capabilities to original-equipment manufacturers in the
light-vehicle, commercial-vehicle, and off-highway markets in India and
throughout the region.

The Dana India Technical Center is the company's 13th facility in India,
further expanding Dana's footprint in the region to support future growth.
Dana employs more than 2,900 people in India, including those operations in
which the company holds a joint interest.

"India is a vital market that propels economic growth throughout the Asia
Pacific region, and our investment in that country over the past half century
demonstrates our commitment to and confidence in the region," said Dana
President and CEO Roger Wood. "The Dana India Technical Center allows us to
offer our customers unmatched local technical expertise and a direct
connection to our industry-leading global engineering resources."

Dana customers in India including Ashok Leyland Ltd., Caterpillar India, Deere
and Co., Force Motors, Ford India, General Motors India, Mahindra & Mahindra,
Mahindra Trucks and Buses Ltd., TAFE, Tata Motors, and VE Commercial Vehicle
Ltd. Export customers include Caterpillar, Ford, Land Rover, Nissan, Renault,
Still, and Toyota.

Devoted to the research, design, development, and testing of drivetrain,
sealing, and thermal-management products, the Dana India Technical Center is
fully integrated into Dana's global research and development system to support
new products from concept development through launch, as well as to adapt
technologies developed elsewhere in the world for the specific needs of the
Indian market.

The center combines design, finite element analysis, and testing for all of
Dana's product groups under one roof. It includes an electronic controls lab,
a testing area, a materials development lab, a prototype area, and an NVH and
performance analysis lab for product development.

The new lab in Pune features the latest testing equipment for axles,
transmissions, materials, NVH, prototyping, inspections, and machining to
ensure that products engineered and manufactured by Dana in India meet the
company's highest standards for performance and durability. This equipment
includes dynamometers, a rotating bending test stand, a beam fatigue test
stand, a multi-axis spin stand, rotary actuators, and linear actuators.

"For decades, we have worked side-by-side with leading vehicle and equipment
manufacturers in India, and by locating a full range of engineering resources
here, we can deliver drivetrain solutions as much as 12 months quicker than
our competitors," said George Constand, Dana's chief technical and quality
officer. "With this new facility, we can rapidly deliver customized solutions
that accommodate local needs and requirements for optimizing total cost of
ownership, enhancing vehicle efficiency, and addressing environmental
concerns."

Dana has demonstrated the value of local engineering and OEM support through
the development of the Spicer^® Rui Ma™ brand of off-highway transmissions and
axles. Supported by the Dana China Technical Center in Wuxi, Spicer Rui Ma
drivetrain solutions provide an optimized blend of product features,
performance, dependability, and cost demanded by purchasers of the majority of
construction and other off-highway vehicles manufactured in China today.

Likewise, the Dana India Technical Center will offer advanced technologies and
product lines designed in India for India.

The Dana India Technical Center is the latest step in the company's increasing
commitment to customers in the region. Last May, Dana expanded its Victor
Reinz India (VRI) joint venture with Jayant Group to include heat exchanger
technologies. The agreement leverages Dana's existing technical knowledge and
manufacturing capabilities with Victor Reinz India's customer relationships
and physical infrastructure to expand the company's reach and product
offerings in India, including engine oil coolers, fuel coolers, transmission
oil coolers, and power steering oil coolers.

In November, Spicer India, Dana's joint venture with Anand, opened a new
manufacturing plant in Lucknow, India, to supply propeller shafts for buses
and trucks to Tata Motors assembly facilities in Lucknow and Jamshedpur.

Dana's service to its Indian customers has garnered accolades. In 2013, the
Spicer India Ltd. facility in Jodalli, India, earned the D.L. Shah Quality
Award for excellence in manufacturing. The Shah Quality Awards recognize
successful projects of an organization that have resulted in continuous
improvement in delivery of products or services and demonstrate efficient and
effective operations, as well as increased stakeholder satisfaction.

In 2013, Dana operations in India also received the Best Supplier Award from
Mahindra & Mahindra in the vehicle proprietary category, as well as the Best
Supplier Award for overall performance from Tata.

The Dana India Technical Center is one of three brand new research and
development facilities for Dana. Last year the company opened a comprehensive
technical center in Wuxi, China, and in May it plans to dedicate a technology
center to develop continuously variable planetary (CVP) technology for use in
light-vehicle and certain off-highway transmissions. In all, Dana will have 16
global technical centers operational by mid-year.

About Dana Holding Corporation
Dana is a world-leading supplier of driveline, sealing, and thermal-management
technologies that improve the efficiency and performance of passenger,
commercial, and off-highway vehicles with both conventional and
alternative-energy powertrains. The company's global network of engineering,
manufacturing, and distribution facilities provides original-equipment and
aftermarket customers with local product and service support. Based in
Maumee, Ohio, Dana employs more than 23,000 people in 26 countries and
reported 2012 sales of $7.2 billion. For more information, please visit
www.dana.com.

SOURCE Dana Holding Corporation

Website: http://www.dana.com
Contact: Jeff Cole, +1-419-887-3535, jeff.cole@dana.com
 
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