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| Monday, 22 May 2017, 10:26 HKT/SGT | |
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Source: Denso | |
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KARIYA, JAPAN, May 22, 2017 - (JCN Newswire) - DENSO Corporation today announced that it will build an additional plant at its DENSO Fukushima location in Tamura city, Fukushima Prefecture, Japan, to diversity its manufacturing lineup to include powertrain components, which will enhance the competitiveness of the group's production system Japan. The company will invest about US$135 million (approx. 15 billion yen) by 2023 to build the new plant and expand production. The project will start in August 2017 and will be completed in July 2018. Production will begin in October 2018 in stages. The number of employees required will increase to around 600 by 2023.
 | | Image of the completed new plant (left) at DENSO Fukuhsima |
DENSO Fukushima currently manufactures automotive thermal systems, including air conditioning systems and engine cooling modules (ECMs). The new plant will manufacture fuel pumps and injectors for gasoline engine fuel systems. Furthermore, this expansion aims to serve as a DENSO Group production base in eastern Japan, and will improve its capability to meet customer needs and contribute to the development of the local community.
Contact:
Sadayoshi Yokoyama, Toshiko Watanabe
DENSO CORPORATION
Phone: 81-566-25-5594
Fax: 81-566-25-4509
sadayoshi_yokoyama@denso.co.jp
toshiko_watanabe@denso.co.jp
Topic: Press release summary
Source: Denso
Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network
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