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Hubei Liyang: On September 10, 2013, Dongfeng Dana Axle Co., Ltd. (DDAC) broke ground in a new plant in Xiangyang High-tech Zone in Hubei Province. It has built itself into the most competitive axle company by consolidating its leading position in the axle industry. Manufacturing protection.
After the DDAC Xiangyang plant is put into production, it will realize the overall relocation of the original factory and the company's transformation and upgrading, which can promote the company's R&D and manufacturing capabilities and significantly increase its market competitiveness.
DDAC Fuyang New Plant is a strategic decision made by both shareholders based on long-term development and market competitiveness. It is not just a relocation project, nor just a capacity investment project, but more importantly, a manufacturing capacity upgrade project. The goal is to build a new axle plant that is oriented toward international competitiveness.
The initial investment of the DDAC Xiangyang plant will exceed RMB 500 million and replace the existing 133,000-square-meter factory. The first phase covers an area of ​​400 acres and was completed in 2015. The DDAC Xiangyang new plant was put into production and the Xiangyang municipal government gave strong support.
DDAC is a joint venture between Dongfeng Commercial Vehicle Co., Ltd. and Dana Holding Co., Ltd. After 8 years of cooperation and development, it continues to lead the domestic axle industry. In 2011, after achieving a 50:50 shareholding structure, both parent companies accelerated the introduction of product technology and management experience, and worked together to support the further improvement of their product competitiveness and further optimization of financial performance.
Michael Lembke, general manager of Dongfeng Dana Axle Co., Ltd., said: "We will aim at the Dana Global Benchmarking Plant and effectively build the Fuyang plant into a commercial vehicle axle manufacturing plant with advanced technology, first-class equipment, scientific management, and international standards. , become an important part of the company's core competitiveness."
After the joint venture in 2005, DDAC customers covered China's leading vehicle manufacturers, including Dongfeng Commercial Vehicle Co., Ltd., Xiamen Jinlong, Xiamen Golden Brigade, Yutong, Dandong Huanghai, Xiamen Xinfuda and Zhangzhou Xinfuda, among more than 60 manufacturers.
The construction of the new factory in Liyang is another step for Dana to expand its Asia-Pacific market. In early August, Dana announced the development of the most advanced Spicer light axle gear manufacturing business in Rayong, Thailand, to meet customer demand. It is expected to be completed next year and gear production capacity will reach 600,000 units. In March of this year, Dana built a 12,000-square-meter technology center in Wuxi to develop advanced products and provide application engineering services.
"China's commercial vehicle market is promising and dynamic. DDAC has played an increasingly important role in China's major commercial vehicle manufacturers with its trusted heavy truck bridge." Dana Asia Pacific President, DDAC Vice Chairman According to Robert Pyle, “The new plant in Shenyang will help DDAC improve its position as a reliable top supplier, and is committed to meeting customer demand growth.
On the other hand, Dongfeng Commercial Vehicle Co., Ltd. has always maintained a leading position in the Chinese market in the sales of medium and heavy trucks. Dongfeng Tianlong, Hercules and Tianjin, strategic commodities, have been regarded as benchmarks for heavy trucks and medium trucks. From January to August 2013, Dongfeng Commercial Vehicle Co., Ltd. sold nearly 120,000 vehicles (trucks, passenger cars), a year-on-year increase of 3.5%. Among them, the cumulative sales of medium and heavy trucks exceeded 113,000, an increase of 6% year-on-year.
Huang Gang, general manager of Dongfeng Commercial Vehicles Co., Ltd. and chairman of DDAC, said: "DDAC is an important part of the Dongfeng Commercial Vehicle business. We will continue to work closely with our partner Dana Holding to support the upgrading of DDAC's accelerated products. -To fully upgrade the product within 3 years, to support the improvement of its product quality and the optimization of supplier platforms, to support its development in domestic and overseas markets, and to support its productive up activities, so that DDAC will continue to grow healthily and become more competitive and more Profitable Axle Company."