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.

hyster yale dana agreement

DANA COMPLETED THE ACQUISITION OF DRIVE SYSTEMS FROM OERLIKON

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».

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