Dana Declares Bankruptcy: Fortune 500 Firm Vows to Keep Operating
Unable to get more credit and fend off mounting debts, Toledo’s Dana Corp. on Friday filed for bankruptcy protection, vowing to continue operating. The venerable Toledo, OH, firm has dealt with a series of financial problems in the last six months that ultimately led to the filing for protection from its creditors. Although the filing was not unexpected, it nevertheless was psychologically gut-wrenching to one of the nation’s largest independent automotive parts makers.
Johnson Controls Named One of Fortune’s Most Admired Companies
Johnson Controls has earned the number one position on Fortune magazine’s America’s Most Admired Companies list. The company was designated an Industry Champion within the Motor Vehicles and Parts category. The complete report will be printed in the publication’s March 6 issue.
East Penn Named to Fortune’s “100 Best Companies to Work For” List
East Penn Manufacturing was recently named to Fortune magazine’s ninth annual “100 Best Companies to Work For” list. The Lyon Station, PA-based battery manufacturer was listed as number 79 in the overall ranking, which includes hundreds of companies throughout the U.S. The list and related stories appear in the January 23 issue of Fortune and on the magazine’s website ( www.fortune.com).
Timken Named to Fortune 500
Canton, Ohio-based manufacturer Timken Co. was named to Fortune magazine’s Fortune 500 listing of the largest companies in the U.S. With $3.8 billion in sales in 2003, Timken is ranked 444 overall and 12 on Fortune’s list of industrial and farm equipment manufacturers.
Alcoa Named ‘Most Admired Company’ by Fortune Magazine
Alcoa has been named one of Fortune magazine’s “Most Admired Companies” in the magazine’s upcoming annual report on reputation. Alcoa is one of the world’s leading producers of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry, including the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets.
2024 SEMA Hall of Fame Inductees Announced
SEMA has announced the newest members of its Hall of Fame: Chris Kersting, Jack Priegel, Les Rudd and Jon Wyly.
Hyzon Appoints Head of Global Communications and Branding
Stephanie Mudgett brings decades of experience leading Fortune 50 strategic corporate communications to Hyzon.
Eaton Named a ‘World’s Most Admired Company’
Eaton was bestowed with this honor by Fortune magazine for the seventh straight year.
PPG Recognized as a ‘World’s Most Admired Company’
PPG was recognized with this honor by Fortune Magazine for the 16th year in a row, and ranked #2 in the chemicals industry.
HDAW’24 to Feature NFL Legend as Keynote Speaker
NFL Hall of Famer Cris Carter will inspire leaders to be fully ready to lead, drive change and overcome adversity.
