Dana Corp. has reorganized its former Heavy Truck strategic business unit, renaming it the Commercial Vehicle Systems strategic business unit.
"This new name more accurately reflects the global markets this unit serves," said Joe Magliochetti, Dana chairman and CEO. "This is not a cosmetic change; it is a realignment of this business unit for one of Dana's three key market sectors."
He noted that there are more than 1.5 million commercial vehicles produced globally; 40 percent are heavy trucks, and the remaining 60 percent are medium trucks, buses, and military and specialty vehicles. In North America, the annual 400,000-unit market is split between medium and heavy trucks, and a trailer market of about 250,000 units annually.
Rick Clayton, an 18-year Dana veteran who has led the Heavy Truck Group since it was organized in 1997, will continue as president of the Commercial Vehicle Systems Unit.
Clayton outlined the following organization and divisional name changes that more accurately reflect the markets of the business unit:
In North America, the former Heavy Axle and Brake Division and Trailer Products Division have been transformed into two new divisions.
Much of the Heavy Axle and Brake Division has been renamed the Commercial Vehicle Axle Division and will focus on drive axles, proprietary OEM axles, modules and related components. In addition, North American sales to the major truck, bus, and military and specialty OEMs will continue to be the responsibility of this division, which will continue to be led by Norm Boisvert.
A new Ride and Control Systems Division combines elements of trailer axles, along with new components and systems, including auxiliary axles, steer axles, brake systems, tire management systems, and truck and trailer modules. This division will be headed by Greg DiMarco and will introduce systems that will include modules and suspensions.
The Commercial Vehicle Axle Division and Ride and Control Systems Division will be located at the Commercial Vehicle Technology Center in Kalamazoo, Mich., where the two divisions will share people, program, test, and financial resources.
"This new name more accurately reflects the global markets this unit serves," said Joe Magliochetti, Dana chairman and CEO. "This is not a cosmetic change; it is a realignment of this business unit for one of Dana's three key market sectors."
He noted that there are more than 1.5 million commercial vehicles produced globally; 40 percent are heavy trucks, and the remaining 60 percent are medium trucks, buses, and military and specialty vehicles. In North America, the annual 400,000-unit market is split between medium and heavy trucks, and a trailer market of about 250,000 units annually.
Rick Clayton, an 18-year Dana veteran who has led the Heavy Truck Group since it was organized in 1997, will continue as president of the Commercial Vehicle Systems Unit.
Clayton outlined the following organization and divisional name changes that more accurately reflect the markets of the business unit:
In North America, the former Heavy Axle and Brake Division and Trailer Products Division have been transformed into two new divisions.
Much of the Heavy Axle and Brake Division has been renamed the Commercial Vehicle Axle Division and will focus on drive axles, proprietary OEM axles, modules and related components. In addition, North American sales to the major truck, bus, and military and specialty OEMs will continue to be the responsibility of this division, which will continue to be led by Norm Boisvert.
A new Ride and Control Systems Division combines elements of trailer axles, along with new components and systems, including auxiliary axles, steer axles, brake systems, tire management systems, and truck and trailer modules. This division will be headed by Greg DiMarco and will introduce systems that will include modules and suspensions.
The Commercial Vehicle Axle Division and Ride and Control Systems Division will be located at the Commercial Vehicle Technology Center in Kalamazoo, Mich., where the two divisions will share people, program, test, and financial resources.
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