Denso Corp. : DENSO to Build Additional Manufacturing Facility in Silao, Guanajuato, Mexico
January 09, 2012 at 09:19 pm
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Jan 10, 2012
- Strengthening its Manufacturing Presence in Growing
Market -
KARIYA (Japan) - DENSO Corporation today announced that
DENSO Mexico S.A. de C.V. (DNMX), located in Apodaca City,
Nuevo Leon, will build an additional plant in Silao,
Guanajuato, Mexico. The new facility will help DENSO expand
its business in Mexico and meet the growing needs of its
North American customers who are ramping up their
operations in the region. The plant will manufacture
heating, ventilation and air conditioning (HVAC) units.
DENSO will consider producing additional products at this
site in the future.
"Building this new plant in central Mexico means that
we can manufacture and supply products in close proximity
to our customers in the region, and it solidifies our
manufacturing footprint in Mexico," said Hikaru Sugi,
president and CEO, DENSO International America and senior
executive director, DENSO Corporation. "Mexico is a
growing market, and this is an opportunity for us to
strengthen our competitiveness and our global leadership
position in the manufacture and sales of thermal
products."
DENSO's investment in the new facility will total US$57
million, and DENSO expects to employ more than 400 people
by 2015. Construction of the 25,600 square meter facility
will begin in March, and production is set to start in
October 2013.
This will be the third plant for DNMX, which also has a
facility in Guadalupe City, Nuevo Leon state. DNMX
currently manufactures a variety of automotive products at
its two existing plants, including instrument clusters,
climate control panels, and system control components such
as variable cam timing and oil control valves.
"We are pleased that DENSO, one of the leading auto
suppliers in the world, has chosen Silao as the right
location for their expansion in Mexico," said Juan
Manuel Oliva, governor, Guanajuato State. "We believe
their presence will be a positive addition to Silao and is
recognition of the dedicated, hard-working people in this
region."
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, electric, 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, 2011, totaled US$37.7 billion. Last
fiscal year, DENSO spent 9.3 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 .
Company Profile
DENSO MEXICO S.A. DE C.V.
Established:
September 1994
Ownership:
95 percent owned by DENSO International America,
Inc.
5 percent owned by Sumitomo Corporation
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Denso Corporation is one of the world's largest producers of automotive equipment. The products include air conditioning systems, radiators, alternators, motors, starters, airbag sensors, etc. The group also offers industrial robots, automated industrial systems, etc.
Net sales are distributed geographically as follows: Japan (41.9%), Asia and Oceania (22.4%), North America (22%), Europe (12.1%) and other (1.6%).