Wednesday, Jul 27, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Local

Dana seeks permission to drop supplier accord

Toledo automotive-parts maker Dana Corp. said yesterday a bankruptcy court should let it out of uneconomic, noncompetitive contracts with a supplier whose performance has been consistently abysmal.

Dana said it should be allowed to enter into cheaper, more-favorable contracts with

other suppliers even though it still has seven years left on a deal with Sypris Technologies Inc., a unit of Sypris Solutions Inc., of Louisville.

Dana contends that Sypris is trying to force it to assume an indisputably uneconomic, noncompetitive set of contracts.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…