DENSO to Invest $75.5 Million in U.S.
DENSO, one of the world’s largest automotive technology, systems and components suppliers, has announced major round of investments in its North American network with approximately $75.5 million to expand DENSO International America, Inc. (DIAM), DENSO’s North American regional headquarters based in Southfield, Mich., and one of its satellite offices located in Dublin, Ohio.
The investment, according to the company, “will bolster the staff at DENSO’s North American headquarters facilities by approximately 133 employees over the next three years.”
“This is the first in a line of investments to create the future of mobility by bringing in top talent and fostering our culture of innovation,” said Kenichiro Ito, chairman of DENSO’s North America Board of Directors and chief executive officer of DIAM. “Expanding our team and resources now will help us make a future of autonomous cars and advanced electric vehicles possible.”
RHQ Investment Details:
Southfield, Michigan: DENSO’s $75 million investment will create 120 new jobs over the next three years and expand and renovate R&D facilities to develop the future of mobility, focusing on automotive safety, cybersecurity and autonomous vehicles. Among the facility renovations, DENSO will expand its testing facilities and add new test equipment. In the past five years, DENSO has expanded its Southfield footprint by 44 percent with the purchase of two additional buildings and a vehicle test strip to support sales and engineering R&D activities.
Dublin Ohio: DENSO’s $500,000 investment will create roughly 13 new jobs over the next three years and include a full renovation of DENSO’s current 10,000 square foot satellite office, as well as add an additional 5,000 square feet of space on the same campus. The additional space will support R&D activity in the area of Powertrain and Infotainment. This site will also serve as a Quality Engineering lab, and host Infotainment System Validation activities.
DENSO and the MEDC will work together to attract and train skilled workers, and identify support opportunities through programs like Michigan Works! Likewise, the ODSA will provide $160,000 in performance-based incentives to expand DENSO’s team in Dublin.
DENSO, based in Japan, founded DENSO International America in 1985 as the parent company for its North American operations. Since then, it has grown to seven buildings in Southfield housing design and production engineering, technical support, sales and finance functions. The Southfield facility also includes DENSO’s 36-acre North America Technical Center Test Chambers, which simulate a variety of real-world driving conditions that allow engineers to develop and road-test new automotive solutions. The Dublin campus includes sales, quality engineering and application engineering teams supporting major OEM customers. DENSO also operates 28 manufacturing facilities across the U.S., Canada and Mexico, and employs more than 23,000 across the North America region.
Category: General Update