DANA acquired Innovative Manufacturing, Inc., structured as Acquisition of Innovative Manufacturing, Inc. in July 1999, accounted for as a purchase..
Innovative Manufacturing, Inc. operates in Off-Highway / Outdoor Power Equipment Components (machined castings), is based in United States. Innovative Manufacturing was a machining operation that supplied machined castings to Dana's Outdoor Power Equipment Components Division. Dana acquired the business in July 1999.
Secure captive machining of castings for Dana's Outdoor Power Equipment Components Division.
Advisory firms were not disclosed for this transaction.