Dana Incorporated (NYSE:DAN) Files An 8-K Other Events
ITEM8.01. Other Events.
As previously announced, during the first quarter of 2017 a
subsidiary of Dana Incorporated (Dana) entered into a
definitive agreement to purchase the axle housing and driveline
shaft manufacturing operations of U.S. Manufacturing Corporation
conducted at its Warren, Michigan facility. Danas acquisition of
these operations closed on March1, 2017.
A copy of Danas press release related to the closing is attached
to this Current Report on Form 8-K as Exhibit 99.1 and is
incorporated herein by reference.
ITEM9.01. Financial Statements and Exhibits.
| (d) | Exhibits. |
|
Exhibit No. |
Description of Exhibit |
|
| 99.1 | Dana Incorporated Press Release, dated March1, 2017. |
About Dana Incorporated (NYSE:DAN)
Dana Inc, formerly Dana Holding Corporation, is a provider of high technology driveline, sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. Its Light Vehicle segment’s products include front axles, rear axles, drive shafts, differentials, torque couplings and modular assemblies. Its Commercial Vehicle segment’s products include drive shafts and tire inflation systems. Its Off-Highway segment’s products include products include front axles, rear axles, drive shafts, transmissions, tire inflation systems and electronic controls. Its Power Technologies segment’s products include gaskets, cover modules among others. Dana Incorporated (NYSE:DAN) Recent Trading Information
Dana Incorporated (NYSE:DAN) closed its last trading session up +0.49 at 19.37 with 1,573,203 shares trading hands.
