Document 6bEK0MD9qkaX2M6EEygwg59r9

FORM DC 00016- R1 DANA CORPORATION Victor Gasket Division - Chicago INTRA-COMPANY COMMUNICATION subject Fiscal 197 0 Forecasts and Budgets DATE September 8, 1969 TO J. C. Mayer G. G. Quenzer cc- Bo R. Basile Wo J. Sheehan Ho E. Dehr For your guidance and for next year's (fiscal '70) measurement of performance against forecast, the attached copies'of Manu facturing Variance Forecast, Capital Requirements byTtfonths, and Cash Flow are being forwarded. As soon as revised Capital Budgets are released, it will be necessary for each of you to reflect the decrease in Capital expenditures in Capital Requirements by Months and Cash Flow Forecasts. Strict adherence and control of Capital Monies allotted and spent must be kept at each plant and division. So set up work papers identifying approved Capital Requirements and monitor expenditures carefully. Further direction and internal procedures will follow. LMW Atts VPD-91-0000096