Dana to Build $50M Gear Plant in Europe

摘要

Drivetrain manufacturer Dana Incorporated outlined plans to build a new plant in Gyor, Hungary, to produce gears for European vehicle manufacturing. The new plant, described as "state-of-the-art," would cover 140,000 sq.ft. and is budgeted at $51 million. Construction would start early next year, and manufacturing would begin in 2020, with about 200 employees.