Dana Holding Corporation announced that effective Aug. 1 it will change the company name to Dana Inc.
“The evolution is aimed to better reflect how the company conducts its business in the global marketplace – as a unified organization with an intense focus on customer satisfaction, manufacturing excellence, and advanced technology across all mobility sectors,” according to the company.
"This is a historic and significant pronouncement by our company," said James Kamsickas, Dana president and CEO. "Dana operates as a unified global manufacturer and supplier of goods and services to the vehicular industry. Our new name connects with the cohesiveness of the Dana team members and our united commitment to provide exceptional performance to our stakeholders."
Dana mentioned it will continue to operate four business segments focused on power conveyance and energy management solutions for three key end markets. The company logo, the Dana Diamond, will remain as the corporate mark, Dana added. In addition, the New York Stock Exchange ticker symbol DAN, the organizational structure, and leadership team will continue.
