Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,421.03 -3.82 -0.02%
S&P 500 1,867.68 5.37 0.29%
NASDAQ 4,104.27 18.05 0.44%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

DENSO to Expand Engineering Centers in Germany


DENSO to Expand Engineering Centers in Germany

Kariya, Japan, Sept 12, 2013 - (JCN Newswire) - To strengthen its developing 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 EUR21 million will be invested by the fiscal year 2015 to add new office buildings and testing equipments 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.

About Denso

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 over 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. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

Contact:

Sadayoshi Yokoyama, Goro Kanemasu DENSO CORPORATION Phone: 81-566-25-5594 Fax: 81-566-25-4509 sadayoshi_yokoyama@denso.co.jpgoro_kanemasu@denso.co.jp

Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net

Provider ID: 00027423

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement