KARIYA (Japan) — To meet the increasing production of vehicles in Japan, DENSO East Japan Corporation, a subsidiary of DENSO Corporation, will triple the size of its manufacturing plant. DENSO East Japan will produce engine cooling modules (ECMs), in addition to its current production of air conditioning systems, The new facility represents and investment of approximately 8.7 billion yen (approximately US$92.5 million) and the number of employees is planned to double from the current 110 to about 220 by 2016.
A Greener Manufacturing Facility:
As part of the expansion, DENSO East Japan will install solar and wind power generation equipment to effectively use renewable energies.
Construction is scheduled to begin on April 18, 2013 and will be completed by February 2014. Production is scheduled to start from May 2014.
Profile of DENSO East Japan Corporation
1. Company name DENSO East Japan Corporation
2. Date of establishment April 2008
3. Location 26, Koyodai, Funahiki-machi, Tamura, Fukushima Prefecture
4. Capital 1.6 billion yen (approximately US$17.0 million)
5. Ownership DENSO Corporation: 100%
6. President Tadafumi Okada
7. Total number of employees? 110 (as of April 2013), Approx. 220 (planned for 2016)
8. Business description Production of car air conditioning systems
9. Site area Approx. 237,000 m2
10?Total floor area Approx. 10,600 m2 (before expansion), Approx. 32,100 m2 (after expansion)
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 35 countries and regions (including Japan) and employs approximately 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
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. DENSO’s North American consolidated sales totaling US$6.2 billion for the fiscal year ending March 31, 2012.