Dana Holding Corp. will open a new high-tech axle manufacturing facility in Toledo, Ohio. The site was previously home to Willys-Overland Motors. The new facility, adjacent to I-75, is optimally located to support automakers throughout the region. Dana plans to expand a recently constructed 100,000-square-foot facility on the property to nearly 300,000 square feet. The company plans to invest approximately $70 million during the next few years and will employ more than 300 associates by 2020.

Beginning in late 2017, Dana plans to assemble enhanced versions of its industry-recognized Dana 30™ and Dana 44™ axles, which will deliver increased power density and performance in a smaller package. Future axle programs and assembly lines are also possible. The facility will integrate the company’s best global manufacturing practices and advanced operating systems.

"The investment in this new manufacturing facility is another substantial example of Dana's commitment to the city and our community. It is an honor for Dana to return manufacturing to the same historic site where Toledo's automotive industry began more than 100 years ago," said James Kamsickas, Dana president and CEO.