Skip to main content

Denso commits $1bn to expanding US footprint

Japan’s Denso, one of the world’s largest suppliers of automotive suppliers, largely specialising in technological components, is set to invest $1bn in to Maryville, Tennessee with the aim of expanding its presence in North America.

The commitment will create 1,000 jobs in the region as well as greatly boosting the role of the US in the innovation of vehicle safety and new vehicle models.

See also:

"This is an investment in the future of DENSO, and also the future of transportation,” said Kenichiro Ito, Chairman and CEO of Denso’s North American operations. “We are seeing dramatic shifts in the role of transportation in society, and this investment will help position us to meet those changing demands.”

In demand roles will include support and production jobs such as engineers and technicians. This will enable the company to expand its production lines, raising the potential to build a greater quantity and quality of safety and connectivity components, amongst others, for hybrid and electric vehicles. 

Denso’s $1bn commitment is a further addition to the company’s $400mn investment back in 2015 where the company added 500 jobs whilst consolidating their regional operations, having also invested $75.5mn in its Southfield, Michigan headquarters in Dublin, Ohio facilities more recently.

Recommended by Outbrain

Read More

The England-based automotive manufacturer, McLaren, has announced that it will launch 18 new cars and produce only 100% hybrid sports cars and… Read More
US-based company Tesla has announced that it has agreed a deal to construct a factory to produce its electric cars in China. Tesla confirmed that it… Read More
The German-based company, Daimler, has become Beijing’s first international automaker to receive a road test licence for highly-automated driving… Read More