Dana Corporation is an auto parts and systems company currently being reorganized under Chapter 11bankruptcy law. Suffering from a slump by General Motors, Ford and other carmakers, Dana declared bankruptcy on March 3, 2006. The company, which has 46,000 workers, is listed on the Fortune 500. It was founded in 1904 in Toledo, Ohio. Chapter 11 of the Bankruptcy Code governs the process of reorganization under the bankruptcy laws of the United States. ... Notice of closure stuck on the door of a computer store the day after its parent company, Granville Technology Group Ltd, declared bankruptcy (strictly, administration - see text) in the UK. Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. ... General Motors Corporation (NYSE: GM), also known as GM, is a United States-based automobile maker with worldwide operations and brands including Buick, Cadillac, Chevrolet, GMC, Holden, Hummer, Opel, Pontiac, Saturn, Saab and Vauxhall. ... The Ford Motor Company (often referred to as Ford; sometimes called FoMoCo), NYSE: F is a multinational corporation that manufactures automobiles. ... March 3 is the 62nd day of the year in the Gregorian Calendar (63rd in leap years). ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... 1904 (MCMIV) was a leap year starting on a Friday (link will take you to calendar). ... Nickname: The Glass City, T-Town Motto: Official website: http://www. ...
DanaCorporation is the largest original equipment manufacturer of automotive and heavy equipment axles, transmissions, and brakes for the North American automotive industry.
Dana, and an estimated 4,500 facilities in the U.S., use a heat-treating (carburizing) process that hardens and increases the wear resistance of steel surfaces on products such as gears, bearings, drive shafts, piston rings, universal joints, hand and machine tools, gas turbine blades, and steel fasteners.
Decatur Foundry, a Climate Wise Partner, is a small-run jobbing foundry in Decatur, Illinois, which specializes in iron castings for electric-motor frames and parts as well as pump components.
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