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Dana Holding Corporation to add manufacturing plant in Toledo

It will be on the site of the previous home of Willys-Overland Motors, off of Jeep Parkway and Interstate 75.
(Source: Dana Holding Corporation)
(Source: WTOL)

TOLEDO, OH (WTOL) - Toledo-based Dana Holding Corporation announced Monday that it will open a new high-tech axle manufacturing plant in Toledo.

It will be on the site of the previous home of Willys-Overland Motors, off of Jeep Parkway and Interstate 75.

At a meeting for the Toledo Rotary Club, the Dana CEO Jim Kamsickas said the plan will cost $70 million.

Dana officials say it will employ more than 300 people by 2020. A ribbon cutting is expected next year and hiring will also begin in mid-2017.

FULL ANNOUNCEMENT DETAILS

Dana will assemble enhanced versions of its Dana 30 and Dana 44 axles, saying they will deliver "increased power density and performance in a smaller package."

The company also says future axle programs and assembly lines could be added.

Dana will expand a 100,000 square foot facility on the Willys site that was built less than a year ago but hasn't secured a tenant. The new axle plant will grow to 300,000 square feet.

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