Dana Holding Corp., Maumee, Ohio, and Bosch Rexroth AG, Lohr, Germany, have announced that they expect to form a 50-50 joint venture to co-develop and manufacture advanced drive transmissions for the off-highway market.
The planned joint-venture company, which is expected to operate in Arco, Italy, will engineer, manufacture, and market hydro-mechanical variable powersplit transmission systems (HVT) for the global off-highway markets. The advanced transmission systems will be focused on meeting customer needs for improved fuel economy, productivity, emissions, and maneuverability. Dana and Bosch Rexroth will contribute staff, intellectual property, and capital to the new joint-venture company.
The planned joint venture will benefit from Dana’s expertise in off-highway transmission engineering and manufacturing, and Bosch Rexroth’s deep experience in hydraulics and systems. Currently, the two companies are engaged in a joint project to develop power split transmissions for construction machines.
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