DENSO Invests $1 Billion in Automotive Manufacturing to Produce the Future of Mobility
2017年10月9日 - 11:55AM
JCN Newswire (英)
DENSO, one of the world's largest automotive technology, systems
and components suppliers, is expanding its U.S. footprint with a $1
billion investment in its Maryville, Tennessee location. The
investment is part of DENSO's commitment to advancing automotive
innovation in North America, and will significantly increase the
role North America plays in the global trend toward vehicle safety
and electrification.
DENSO will create more than 1,000 jobs in Maryville, Tennessee to
make it a primary manufacturing center in North America for
electrification and safety systems. Globally, DENSO is a leading
developer of electrification systems for environmentally-friendly
automobiles, sophisticated functions involved in vehicle safety and
security, and new services that connect vehicles and society. These
systems will play a crucial role in meeting increasing electric
vehicle demand.
"This is an investment in the future of DENSO, and also the future
of transportation. We are seeing dramatic shifts in the role of
transportation in society, and this investment will help position
us to meet those changing demands," said Kenichiro Ito, chairman of
DENSO's North America Board of Directors and chief executive
officer of DENSO International America.
Investment details
DENSO's $1 billion investment will create about 1,000 new
production and support jobs, including technicians and engineers.
The investment will also expand multiple production lines to
produce advanced safety, connectivity, and electrification products
for hybrid and electric vehicles. These new products will radically
improve fuel efficiency and preserve electric power by recovering
and recycling energy, and by connecting all systems and products
inside the vehicles. DENSO's products will create the highest
efficiency for a whole vehicle by anticipating the road environment
via collaboration with information outside the car and using data
to enhance performance of electrified products.
DENSO announced a $400 million investment in Maryville in 2015,
adding 500 jobs and consolidating various warehouse operations into
one central location. The company broke ground on the facility in
July 2016.
The $1 billion investment in Maryville is the latest in a line of
strategic investments in North America for DENSO. The company
recently invested $75.5 million in its Southfield, Michigan
headquarters and Dublin, Ohio facilities.
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, 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. For more information, go to www.globaldenso.com,
or visit our media website at www.densomediacenter.com.
Source: Denso
Contact:
Sadayoshi Yokoyama, Toshiko Watanabe
DENSO CORPORATION
Phone: 81-566-25-5594
Fax: 81-566-25-4509
sadayoshi_yokoyama@denso.co.jp
toshiko_watanabe@denso.co.jp
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