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Dana plans $70M axle plant at old Jeep site

October 19, 2017

Dana Holding Corp.’s decision to open an axle manufacturing plant at a once written-off factory site in North Toledo is being seen as a major win for the region’s economy and validation of a bold economic development effort begun just after the Great Recession. Not only did Dana announce plans for a $70 million plant that will employ at least 300 people, but the Fortune 500 company will be the first tenant of the Toledo-Lucas County Port Authority’s Overland Industrial Park. The plant, a portion of which is to expected to be operating by mid to late 2017, will make axles for the...

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