DENSO Invests an Additional $55 Million at its Athens, Tenn. Facility
--The investment will result in 130 new positions--
SOUTHFIELD, Mich., Jan. 14, 2014
SOUTHFIELD, Mich., Jan. 14, 2014 /PRNewswire/ --DENSO announced it is
investing an additional $55 million and adding more than 130 new manufacturing
jobs at its DENSO Manufacturing Athens Tennessee (DMAT) facility in Athens,
Tenn. This is in addition to the $50 million investment and 130 jobs that was
announced last year to localize its gasoline direct injection injectors (GDI),
bringing the total investment to approximately $105 million and 260 new jobs.
"These are very exciting times at DENSO," said Hugh Cantrell, general manager,
DENSO Manufacturing Athens Tennessee. " We are thankful for the past and
current contribution of our associates and the support and commitment of the
local community. We look forward to continued partnerships as we launch this
expansion and compete to bring future products to Athens!"
Depending on engine size, DENSO's GDI system can help automakers achieve up to
20 percent fuel economy while also helping reduce CO emissions of up to 15
percent. For consumers, it means more mileage for the money and an overall
savings at the gas pump.
DMAT began tooling, staffing, and training preparations in June 2013, for mass
production of gasoline direct injectors in 2014. DENSO first mass produced GDI
components in 1996, and started production of its third generation of GDI
technology in 2012. DENSO's latest generation technology is geared to deliver
more power and lower emissions while being more compact. Its reliability and
flexibility allows it to be used in markets around the world.
DMAT currently employsmore than1,000 employees and has been producing fuel
injectors since 1998 for the North America region. The facility also produces
oxygen sensors, ignition coils, monolithic carriers and spark plugs.
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 36
countries and regions (including Japan) and employs more than 130,000 people.
Consolidated global sales for the fiscal year ending March 31, 2013, totaled
US$38.1 billion. Last fiscal year, DENSO spent 9.4 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
Currently, in North America, DENSO employs more than 17,000 people at 32
consolidated companies and affiliates. Of these, 28 are manufacturing
facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO
employs more than 11,000 people in California, Michigan, North Carolina, South
Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, and Arkansas. DENSO's
North American consolidated sales totaling US$6.8 billion for the fiscal year
ending March 31, 2013.
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SOURCE DENSO International America, Inc.
Contact: Bridgette LaRose, DENSO International America, Inc., (248) 372-8266,
email@example.com; Brandy Cooper, DENSO Manufacturing Athens
Tennessee, (423) 649-1806, firstname.lastname@example.org
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