Dana Holding Corp., maker of your favorite Jeep axles, is investing $70 million dollars in expanding a new Toledo plant. This investment will triple the size of the already huge 100,000 sq. foot plant.
Dana Corp. Takes Old Jeep Site
The company will be making its famous Jeep axles
and driveshafts where Willys-Overland Motors used to stand. The very same place the original Jeeps were made. The new plant will be just 3 miles away from Jeep's Wrangler and Cherokee production plant. Dana will be hiring 300 more workers. Dana 30 and Dana 44 axles will go into production starting next year. The announcement follows Jeep's recent announcements about restructuring
and increased sales demand
. As the company gets ready to bulk sales globally and meet demand nationally, this is a great strategic move. Having a main supplier close reduces lead time and makes things easier. According to Automotive News
, Dana ranks #59 on their list of top global suppliers with sales of $6.06 billion in 2015. What's your take on Dana Jeep axles being produced at the original site? Follow Us! Read More: