DENSO to Construct a New Plant for Production Base in Brazil

DENSO to Construct a New Plant for Production Base in Brazil

Increasing capacity to produce car air conditioning systems and other products

KARIYA (Japan) ―DENSO Corporation today announced that it will construct a new plant for DENSO do Brasil Ltda. (DNBR), one of DENSO’s Brazilian production sites, in Santa Barbara d’Oeste City, Brazil, about 130 km northwest of Sao Paulo City.

“We expect demand for motor vehicles in Brazil to grow, so we decided to build a new plant to increase production capacity,” said Kazuo Hironaka, senior managing director overseeing DENSO’s Sales Group. “We will expand the sales of existing products, and look to win orders for new products.”

DNBR produces and sells passenger car air conditioning systems, bus air conditioning systems, radiators, and other products. It has two plants in Brazil – a main plant in Cuitiba City, Parana State, and a sub plant in Pindamonhangaba City, Sao Paulo State. All operations of the Pinda Plant will be transferred to the new plant to establish a more efficient business management system at DNBR.

The new plant will start operations in January 2011 with 65 million Brazilian real (about US$ 35.7 million*) to be invested by 2011.

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world’s major carmakers. Worldwide, the company employs approximately 120,000 people in 33 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2009 totaled US$32.0 billion. 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.