Troy, MI – Dayco, a global engine management technologies supplier for the automotive, industrial and aftermarket end-markets, has celebrated the 110th anniversary of its founding in Dayton, OH.
When Dayco, then known as Dayton Rubber Manufacturing Company, opened for business on May 17, 1905, it was a dream come true for the five seasoned industrialists who founded the company. After a modest beginning manufacturing garden hose and canning jar rubber sealing rings, Dayco has grown into a global company, which it says now has a reputation for developing new products, improving established products and increasing manufacturing and distribution efficiencies.
“During the past 110 years, Dayco established its place in the industry by engineering innovative products, such as the Airless Tire, the first raw-edge v-belt, the first synthetic rubber tire, the first multi-ribbed ‘serpentine’ belt and the first automatic serpentine belt tensioner, among other products,” said John Bohenick, chief executive officer for Dayco.
Today, Dayco is a global manufacturer of a broad range of belts, tensioners, dampers, pulleys, hose, and hydraulics equipment for the automotive, industrial and aftermarket end-markets.
With 4,300 employees and more than 40 manufacturing plants, distribution centres, technology centres and sales offices in 16 countries, the company has used its global footprint to establish relationships with all original equipment (OE) engine manufacturers and more than 1,500 distributors worldwide.
During the past five years, it has expanded its business by opening manufacturing and distribution facilities in Asia, and by completing strategic acquisitions that resulted in the addition of new products as well as enhanced manufacturing, engineering and distribution capabilities.