When Magna International Inc. landed a major contract to produce frames for the GMT800 full-size pickups and sport/utility vehicles (SUVs) from General Motors Corp., it was a crushing blow for Dana Corp., which had supplied frames for the previous-generation CK pickups for 10 years. Dana lost the contract, as did Tower Automotive on the SUVs, partly because Magna had a powerful new weapon in its technology arsenal: hydroforming. Today, all suppliers in the business of bending metal — ...
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