Dana signed a multi-year supply agreement with Hyster-Yale Group for drive and motion products
Dana announced a strategic, multi-year supply agreement that positions the company as a global supplier of drive and motion products for Hyster-Yale Group.
The agreement encompasses a wide range of lift-truck vehicles sold under the Hyster and Yale brand names, including Class 1 through Class 5 forklift trucks, reach stackers, and container handlers.
Steve Karas, vice president of global supply chain management at Hyster-Yale Group said: «We really enjoy the opportunity that this long-term partnership brings to Hyster-Yale Group and look forward to introducing Dana’s products in our various development projects. There is, in fact, a synergy between Hyster-Yale and Dana that we feel will result in a profitable relationship for both companies. The company has been a core supplier to Hyster-Yale for more than 30 years, which is why we have taken this step in securing Dana’s expertise to help us achieve our goals».
Dana seems a clear trustworthy choice
Dana has earned different supplier awards as a Tier-One supplier, including Hyster-Yale’s “Certificate of Merit”, “Preferred Supplier Recognition” and “Continuous Improvement Award”. These awards recognize suppliers who focus actively on quality improvement. Also showing a significant or sustained improvement during the past year, and commit to prevention of recurrence.
Dana is already a supplier of Spicer drive and also Brevini motion products for material-handling vehicles that are designed to work to lift and transport heavy loads with speed and precision.
Aziz Aghili, president of Dana Off-Highway Drive and Motion Technologies, said: «Dana is at the forefront in delivering technologies that improve the performance, fuel efficiency, safety, and durability of material-handling vehicles, including market-leading innovations that support electrification and hybridization. In fact, by extending and deepening our long-term collaboration with Hyster-Yale through this agreement, we are proving how we deliver a competitive advantage for our customers».