18.04.2010

Dana and Bosch Rexroth to form JV

Dana and Bosch Rexroth have announced a 50/50 joint venture to co-develop and manufacture advanced drive transmissions for the off-highway market.

Dana currently produces transmissions for the Telehandler market, while Bosch Rexroth serves the crane, access and telehandler industries with a wide range or hydraulic components.

The planned joint-venture company, which will be based in Arco, Italy, will engineer, manufacture, and market hydro-mechanical variable powersplit transmission systems.

The new venture is intended to combine Dana’s expertise in off-highway transmission engineering and manufacturing, with Bosch Rexroth’s experience in hydraulics.

The advanced transmission systems will aim to offer improved fuel economy, emissions, and maneuverability. Dana and Bosch Rexroth will contribute staff, intellectual property, and capital to the new joint-venture company.

“The smart interaction of hydraulics and mechanics will be the driving factor for future innovation in drive transmissions,” said Bosch Rexroth executive vice president of engineering and manufacturing Reiner Leipold-Buettner. “Only those with the best know-how in both fields will master the growing market demands. Dana and Bosch Rexroth ideally combine both fields.”