Posted by mike on 2006/3/8 9:36:26 (2176) reads
The Toledo Blade is reporting that Dana Corporation's bankruptcy proceedings won't affect production at Chrylser Group's production facilities.
Dana Corp.'s bankruptcy will have no effect on establishing a Toledo factory preparing to supply parts to Toledo Jeep Assembly complex, spokesmen for the companies say.
Because the factory, which eventually is to have 85 employees, is part of a contract with DaimlerChrysler AG, special permission from U.S. Bankruptcy Court in New York is not needed, said Dana spokesman Chuck Hartlage. "We have to get the factory up and running."
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Posted: 2006/3/13 13:11 Updated: 2006/3/13 13:11
Just can't stay away
Re: Dana Bankruptcy Won't Affect Jeep Production
It is sad that all of these auto parts makers are going out of buisness or going bankrupt. i just hope that DANA doesn't go the way of the dinosaur.