TOLEDO, OHIO — Dana Corp. and Bendix Commercial Vehicle Systems LLC, a member of the Knorr-Bremse Group, have formed a North American joint venture focusing on commercial vehicle foundation brake components and technologies.
The joint venture, which is expected to close on June 30, will operate under the name Bendix Spicer Foundation Brake LLC. Completion of the transaction is subject to final corporate approvals at both companies.
The joint venture will combine the two businesses’ complementary technologies to produce a range of wheel-end brake products, including S-Cam and air disc brakes, slack adjusters and actuators, as well as a full array of related aftermarket parts for medium- and heavy-duty commercial vehicles.
To learn more about Dana, go to: www.dana.com.
For more information about Bendix, visit: www.bendix.com.
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