Emerson, Dana Form Steering JV

Dana Corp. and Emerson Motor Co. announce they will jointly develop advanced actuator systems for electrically driven automotive power-steering systems. Chuck Heine, Dana's president of technology development, says the new Dana Emerson Actuator Systems already has $500 million in new-business commitments. The first product, an electrohydraulic power-steering actuator for a European vehicle built in

November 1, 2002

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Dana Corp. and Emerson Motor Co. announce they will jointly develop “advanced actuator systems” for electrically driven automotive power-steering systems.

Chuck Heine, Dana's president of technology development, says the new Dana Emerson Actuator Systems already has $500 million in new-business commitments.

The first product, an electrohydraulic power-steering actuator for a European vehicle built in Slovakia, starts production next year.

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2002

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