DENSO Announces Details about Michigan Investment
--Adding 442 Jobs and expanding R&D in Southfield and manufacturing in Battle
SOUTHFIELD, Mich., Jan. 23, 2013
SOUTHFIELD, Mich., Jan. 23, 2013 /PRNewswire/ --Global automotive supplier
DENSO is investing approximately $151 million and adding roughly 442 new jobs
at two of its Michigan facilities located in Southfield and Battle Creek from
2013-2015. At DENSO's North American headquarters in Southfield, Mich., the
company is investing approximately $45 million and hiring about 176 employees
to expand research and development of next-generation technologies to improve
fuel economy and safety. DENSO will invest approximately $105 million and add
about 266 jobs at its manufacturing facility in Battle Creek, Mich., to
produce advanced thermal components.
Expansion in Michigan:
DENSO International America, Inc. in Southfield, Mich.
DENSO is investing North American research and development activities to
develop next-generation automotive technologies to improve fuel efficiency and
safety. The project includes, laboratory and testing facilities to support the
development of components for electric hybrid vehicles, gasoline direct
injection systems, high-output alternators, more efficient air-conditioning
systems, and infotainment and connectivity products. DENSO plans to hire 176
new positions including, engineering, sales, and professional and technical
jobs to support the expansion.
DENSO Manufacturing Michigan, Inc., in Battle Creek, Mich.
DENSO is investing approximately $105 million in new manufacturing
capabilities for advanced thermal management products including, but not
limited to, new lines for radiator and condenser products. DENSO plans to add
266 news positions including 46 professional and skilled trade positions and
220 manufacturing positions to support expanded manufacturing activity.
North American Investment:
Last week at the North American International Auto Show in Detroit, DENSO
announced it would invest 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.
DENSO is working with both local and state governments, including the State of
Michigan, to finalize its investment details. Last year, DENSO added 150 new
positions in Michigan.
Currently, in North America, DENSO employs more than 14,000 people at 28
consolidated companies and affiliates. Of these, 26 are manufacturing
facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO
employs more than 10,000 people in California, Michigan, North Carolina, South
Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, and Arkansas. In North
America, DENSO employs more than 14,000 people with consolidated sales
totaling US$6.2 billion for the fiscal year ending March 31, 2012.
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, electric, 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 35 countries and regions (including Japan) and employs more than
120,000 people. Consolidated global sales for the fiscal year ending March 31,
2012, totaled US$38.4 billion. Last fiscal year, DENSO spent 9.5 percent of
its global consolidated sales on research and development. DENSO common stock
is traded on the Tokyo and Nagoya stock exchanges.
Connect with us on Facebook: http://www.facebook.com/DENSOinNorthAmerica
Contact: Bridgette LaRose, DENSO International America, Inc., +1-248-372-8266,
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