page_title: Dana Incorporated
section_title: History
hierarchical_section_title: Dana Incorporated / History
caption_attribution_description: English: Dana corporate headquarters, Maumee, Ohio, seen from Interstate 475.
context_page_description: Dana Incorporated is an American supplier of axles, driveshafts, transmissions, and electrodynamic, thermal, sealing, and digital equipment for conventional, hybrid, and electric-powered vehicles. The company's products and services are aimed at the light vehicle, commercial vehicle, and off-highway equipment markets. Founded in 1904 and based in Maumee, Ohio, the company employs nearly 36,000 people in 33 countries. In 2019, Dana generated sales of $8.6 billion. The company is included in the Fortune 500.
context_section_description: In 1904, Clarence W. Spicer, engineer, inventor, and founder of the company, began manufacturing universal joints in Plainfield, New Jersey.
  Also in 1904, the first C.W. Spicer "u-joints" were shipped to Corbin Motor Company in Connecticut.
  In 1905, Spicer Universal Joint Manufacturing Company was incorporated.
  In 1909, the company changed its name to Spicer Manufacturing Company.
  In 1910, Spicer relocated to South Plainfield, New Jersey.
  In 1914, Charles Dana joined the company.
  In 1922, Spicer was listed on the New York Stock Exchange.
  In 1925, Spicer expanded internationally taking a holding in licensee in England, Hardy, renamed Hardy Spicer.
  In 1946, Dana became president and treasurer, and the company was renamed the Dana Corporation. Spicer becomes the brand name for the company's driveline products.
  In 2006, Dana filed for bankruptcy.
  In 2007, Dana canceled 150 million shares of stock during their bankruptcy.
  In 2018, Dana announced that it was buying a majority stake in TM4 Inc., a company specialized in electric powertrains, for C$165 million (US$127 million).
  In 2019, Dana acquired privately held SME Group (Italy).
  In March 2019, Dana purchased Drive Systems segment of the Oerlikon Group, including the Graziano Trasmissioni and Fairfield brands and VOCIS, a wholly owned electronic controls business located in the UK.
  In August 2019, Dana acquired Nordresa Motors, Inc.
  In 2020, Dana started using 3D printers at its Advanced Manufacturing Center in Maumee, Ohio to manufacture face shield components for use during the coronavirus pandemic.
caption: Dana corporate headquarters, Maumee, OH
exif: {"Image Make": "Canon", "Image Model": "Canon EOS REBEL T1i", "Image DateTime": "2010:08:11 10:51:44", "Image Artist": "Photographer: Dwight Burdette", "Image YCbCrPositioning": "Co-sited", "Image Copyright": "Copyright: Dwight Burdette", "Image ExifOffset": "214", "GPS GPSVersionID": "[2, 2, 0, 0]", "Image GPSInfo": "8238", "EXIF ExposureTime": "1/200", "EXIF FNumber": "10", "EXIF ExposureProgram": "Landscape Mode", "EXIF ISOSpeedRatings": "100", "EXIF ExifVersion": "0221", "EXIF DateTimeOriginal": "2010:08:11 10:51:44", "EXIF DateTimeDigitized": "2010:08:11 10:51:44", "EXIF ComponentsConfiguration": "YCbCr", "EXIF ShutterSpeedValue": "61/8", "EXIF ApertureValue": "53/8", "EXIF ExposureBiasValue": "0", "EXIF MeteringMode": "Pattern", "EXIF Flash": "Flash did not fire, compulsory flash mode", "EXIF FocalLength": "55", "EXIF SubSecTime": "01", "EXIF SubSecTimeOriginal": "01", "EXIF SubSecTimeDigitized": "01", "EXIF FlashPixVersion": "0100", "EXIF ColorSpace": "sRGB", "EXIF ExifImageWidth": "4752", "EXIF ExifImageLength": "3168", "EXIF FocalPlaneXResolution": "792000/149", "EXIF FocalPlaneYResolution": "3168000/593", "EXIF FocalPlaneResolutionUnit": "2", "EXIF CustomRendered": "Normal", "EXIF ExposureMode": "Auto Exposure", "EXIF WhiteBalance": "Auto", "EXIF SceneCaptureType": "Standard"}