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DAN Dana Incorporated

11.21
0.65 (6.16%)
Last Updated: 16:59:42
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dana Incorporated NYSE:DAN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.65 6.16% 11.21 11.225 10.75 10.84 511,711 16:59:42

Dana Launches Dana Certified Reman™ Program Boosting Sustainability and Extending Life Cycles of Drive Technologies for Off-Highway

24/09/2024 12:01pm

PR Newswire (US)


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LAS VEGAS, Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo®, Dana Incorporated (NYSE: DAN) debuted a new certified remanufacturing program for Dana Spicer™ Off-Highway drivetrain components that extends equipment life cycles, supports sustainability initiatives, and improves return on investment.

Dana Incorporated logo. (PRNewsFoto/Dana Incorporated)

Currently available at Dana facilities across Europe, the Dana Certified Reman™ program will extend to an additional 50 locations in North America, Europe, the Middle East, Africa, and China by the end of 2025.

"The Dana Certified Reman program is all about improving machine efficiencies, supporting budget-conscious equipment owners, and contributing to the circular economy," said Roberto Marino, Aftermarket Commercial Director for Global Off-Highway and Dana Europe Sales for Dana Incorporated. "Our approach includes reclaiming, restoring, and using genuine Spicer parts. Ultimately, we're delivering like-new performance with shorter delivery times and at a more competitive price."

The Dana Certified Reman program restores Dana Spicer axles, transmissions, torque converters, and gearboxes to the same performance as new units from the factory.

The program goes beyond typical equipment remanufacturing services by requiring approved facilities to demonstrate investments in test benches and other specialized equipment, advanced technician training and expertise on drive technologies, strict quality protocols, and demonstrated warranty support.

In addition to improving efficiency and reducing the total cost of ownership, remanufactured drivetrains support sustainability initiatives by decreasing the flow of waste to landfills while minimizing the raw materials, energy, and water otherwise required to produce new parts.

"Dana has a hard-earned reputation for delivering superior quality and performance, which is why our process for evaluating and approving Dana Certified Reman providers is especially rigorous and detail-oriented," said Bill Nunnery, Senior Director of Global Aftermarket Sales and Marketing for Dana Incorporated.

Service centers approved for participation in the Dana Certified Reman program have been evaluated on more than 20 different criteria to confirm their operations meet Dana's highest standards for performance, value, ethics, sustainability, and social responsibility.

During remanufacturing, technicians follow a precise, multi-stage process including initial assessment, disassembly, reconditioning, component replacements and updates, reassembly, testing, painting, and final inspection.

Once certified, remanufactured components are backed by a warranty, and customers will receive a Dana-issued Certificate of Conformity.

Dana is sharing details of the program this week in booth 12359 of the West Hall at MINExpo in Las Vegas. For more information and a list of approved service centers participating in the Dana Certified Reman program, visit SpicerParts.com/certified-reman.

About Dana Incorporated
Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.

Based in Maumee, Ohio, USA, the company reported sales of $10.6 billion in 2023 with 42,000 people in 31 countries across six continents. With a history dating to 1904, Dana was named among the "World's Most Ethical Companies" for 2023 and 2024 by Ethisphere and as one of "America's Most Responsible Companies 2023" by Newsweek. The company is driven by a high-performance culture that focuses on valuing others, inspiring innovation, growing responsibly, and winning together, earning it global recognition as a top employer. Learn more at Dana.com.

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SOURCE Dana Incorporated

Copyright 2024 PR Newswire

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