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DENSO To Invest Nearly $1 Billion In North America Over Next Four Years


2/22/2013

In the U.S., DENSO is looking at investing more than $750 million in Michigan, Tennessee, Iowa, California and North Carolina.
 
SOUTHFIELD, Mich. – Global automotive supplier DENSO is investing nearly $1 billion in North America over the next four years, which will result in more than 2,000 jobs across the region. The investment will allow DENSO to better support its North American customers, as well as expand new business areas and localize products, many of which will help automakers meet upcoming fuel requirements. More than $750 million will be invested in the United States alone, along with more than 1,200 jobs, according to DENSO.

“Last year, we announced that DENSO will drastically localize product in the regions in which we operate,” said Terry Helgesen, senior vice president of industry relations at DENSO International America Inc. “Not only are we making products in North America, but we’re also localizing critical tooling.”

In the U.S., DENSO is looking at investing more than $750 million in Michigan, Tennessee, Iowa, California and North Carolina. The investment represents an increase in research and development, an expansion in existing production lines, the creation of new production lines and the opening a new assembly and warehouse facility to support its heavy-duty customers.












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