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Dana to build axle manufacturing facility in Ohio

Dana Holding Corp. has announced plans to open a high-tech axle manufacturing facility in Toledo, Ohio. The company will expand a recently constructed 100,000-sq.-ft. facility on the property to nearly 300,000 sq. ft. Over the next few years, the firm plans to invest about $70 million and employ more than 300 people by 2020.

The site will support axle assembly for the Jeep® brand and for another global automaker.