Longview Business Reports Big Losses - KLTV.com - Tyler, Longview, Jacksonville |ETX News

3/23/06-Longview

Longview Business Reports Big Losses

      Massive losses reported at a Longview business that was supposed to be a "boost" to the city's economy. "Dana Corporation" has reported fourth quarter losses of over 370-million dollars, and expects losses of over a billion for the year. Dana is a truck frame manufacturer. Their Longview facility opened in 2002, and was expected to create up to 600 jobs.

    The Ohio-based company filed for chapter-11 reorganization earlier this month.

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