DENSO Engineering Expansion In Germany
To strengthen its development capabilities in Europe, global automotive supplier DENSO will expand its two engineering centers located in the city of Wegberg and Eching of Germany. A total of approximately € 21 million will be invested by the fiscal year 2015 to add new office buildings and testing equipment at both centers.
“With this expansion, we aim to improve customer service by designing more products locally and offering more market-specific designs,” said Masato (Max) Nakagawa, Head of DENSO INTERNATIONAL EUROPE Engineering Function and Chief Technology Officer. ”We will also contribute to development in other regions by promoting future developments in advanced technological areas in Europe.”
The Aachen Engineering Center in Wegberg and the Munich Engineering Center in Eching are both part of DENSO AUTOMOTIVE Deutschland GmbH, a subsidiary of DENSO Corporation.
Construction is on its way at Aachen Engineering Center in Wegberg.
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.