Dana To Sell Syracuse Plant
July 28, 2016 at 4:25 p.m.
SYRACUSE - Dana Corp. recently announced that it would sell its Syracuse plant as part of its overall restructuring plans to consolidate or close 30 plants. Syracuse was one of only two plants designated to be sold in the Traction Technologies Group (previously the Axle Division).
Local company officials are Greg Kirkpatrick, plant manager, and Phil Lund, human resource manager. According to Lund, "The plant has been put up for sale, however there are no potential buyers at this time. No particular time frame has been stipulated and we're operating business as usual."
Due to the economy, the Syracuse plant has gone from 650 employees in October 2000 to 360 employees this month. Twenty-one years ago, during a similar period of decline, the Weatherhead plant was bought by Dana, and the business survived as an axle facility. Lund is hopeful they will be able to sell to a buyer who will keep the people and non-core businesses and sell products back to Dana.
Tim Schira, Dana division manager, Fort Wayne, concurred that Dana wants to sell the plant intact. In addition to Fort Wayne, Dana also has plants in Columbia City and Andrews, but, Schira said, the Syracuse plant is the only one locally he knows of that is being targeted by the consolidation plans. [[In-content Ad]]
SYRACUSE - Dana Corp. recently announced that it would sell its Syracuse plant as part of its overall restructuring plans to consolidate or close 30 plants. Syracuse was one of only two plants designated to be sold in the Traction Technologies Group (previously the Axle Division).
Local company officials are Greg Kirkpatrick, plant manager, and Phil Lund, human resource manager. According to Lund, "The plant has been put up for sale, however there are no potential buyers at this time. No particular time frame has been stipulated and we're operating business as usual."
Due to the economy, the Syracuse plant has gone from 650 employees in October 2000 to 360 employees this month. Twenty-one years ago, during a similar period of decline, the Weatherhead plant was bought by Dana, and the business survived as an axle facility. Lund is hopeful they will be able to sell to a buyer who will keep the people and non-core businesses and sell products back to Dana.
Tim Schira, Dana division manager, Fort Wayne, concurred that Dana wants to sell the plant intact. In addition to Fort Wayne, Dana also has plants in Columbia City and Andrews, but, Schira said, the Syracuse plant is the only one locally he knows of that is being targeted by the consolidation plans. [[In-content Ad]]