DENSO expansion in Battle Creek, USA, and Phnom Penh, Cambodia
DENSO Corporation has recently announced expansions around the world. To support future growth and strengthen its product line-up for North American customers, DENSO has invested approximately $53.6 million and added 100 new jobs at its DENSO Manufacturing Michigan, Inc. (DMMI) facility in Battle Creek, Michigan.
The investment allows DENSO to develop new manufacturing lines for advanced thermal systems, add additional labs for new product testing and validation, and expand logistics and packaging operations. The investment began in late 2014 and will continue throughout 2015.
In Cambodia, DENSO will invest around $19 million to construct a new plant to produce magnetos and oil coolers. The new plant, which is located in the Phnom Penh Special Economic Zone where DENSO Cambodia Co., Ltd. operates its existing plant, will support the increasing vehicle production in the ASEAN region. DENSO’s new facility is scheduled to begin production in March 2016 and will result in about 300 new jobs.
DENSO remains committed to offering products that meet the expectations of customers and consumers. These expansions will also support job creation and economic development of local communities in the regions.
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 and employs nearly 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. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.