A $630 million revenue bonus from last year’s acquisition of the Oerlikon group’s drive systems operation helped Dana Inc., increase turnover with off-highway and commercial vehicle OEMs in 2019, despite markets for heavy equipment turning soft during the latter part of the 12 month period.
Dana Inc. is moving on from the disappointment of seeing its proposed acquisition of GKN’s Drivelines division fall through by purchasing the similar business of the Oerlikon Group instead.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.