SOUTHFIELD, Mich. – Twenty five thousand dollars to commemorate 25 years – DENSO International America, Inc. announced it will donate $25,000 to Tri-County Technical College in Anderson, S.C. in recognition of the 25th anniversary of Associated Fuel Pump Systems Corporation (AFCO), a 50/50 joint venture between Robert Bosch GmbH and DIAM. More importantly, the grant will provide local students with scholarships for Science, Technology, Engineering and Math (STEM)-related programs, such as such as industrial electronics, technology, and mechatronics.
DIAM matched the Bosch Community Fund grant, which created a total scholarship program of $50,000. Beginning in 2016, scholarships in the amount of $2,000 will be awarded to 25 students over a five-year period. DENSO announced the grant during a ceremony at the AFCO facility celebrating its 25th Anniversary on Sept 10.
“With the establishment of AFCO, DENSO has been part of the Anderson community for the last 25 years,” said Yukio Asano, Executive Vice President at DIAM. “There’s no better way to commemorate this milestone than donating $25,000 to help local community students pursue STEM-related careers.
About DENSO: DENSO Corp., 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 (including Japan) and employs more than 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2015, totaled US$35.9 billion. Last fiscal year, DENSO spent 9.2 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.
About DENSO in North America: In North America, DENSO employs more than 22,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$8.0 billion for the fiscal year ending March 31, 2015. For more information, go to www.densocorp-na.com.
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