DENSO Expansion News: DENSO to Open Facility in Montgomery, Ala.

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The Company to Invest $2.2 Million Resulting in 45 New Jobs

Global automotive supplier DENSO will open a shipping plant warehouse in Montgomery, Ala., which represents an investment of approximately US$2.2 million, resulting in at least 45 new positions. DENSO’s new location will support the warehousing and shipping of Heating Ventilation Air Conditioning (HVAC) units and other parts for its North American customers. Start of operation is scheduled for April 2014.

“First we’d like to thank our North American customers because when they grow and expand, it allows DENSO to grow and expand. It’s always been DENSO’s core operating philosophy to be close to our customers in the regions in which we operate,” said Hikaru “Howard” Sugi, president and CEO of DENSO International America, Inc. “We’re proud to extend our network and welcome Montgomery into the DENSO family.”

DENSO will be leasing an existing 103,000 sq. ft. warehouse in Montgomery, Ala. and will employ approximately 45 employees in a 3-shift operation.

“We are grateful to the Montgomery Area Chamber of Commerce, the City of Montgomery Industrial Development Board, the Montgomery County Commission and all the city and state officials who have helped pave the way for this new facility,” said Mike Bowman, Director of Warehousing Operations, who spoke at a news conference in Montgomery today.

This investment news is part of DENSO’s expansion plan to invest nearly $1 billion in North America - more than $750 million s in the United States - to strengthen and expand its product development and manufacturing capabilities across the 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, 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 36 countries and regions (including Japan) and employs approximately 130,000 people. Consolidated global sales for the fiscal year ending March 31, 2013, totaled US$38.1 billion. Last fiscal year, DENSO spent 9.5 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 http://www.globaldenso.com, or visit our media website at http://www.densomediacenter.com.

Currently, in North America, DENSO employs more than 14,000 people at 28 consolidated companies and affiliates. Of these, 26 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 10,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, and Arkansas. DENSO’s North American consolidated sales totaled US$6.8 billion for the fiscal year ending March 31, 2013.

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New Facility Profile: DENSO Manufacturing Michigan Alabama Facility

Facility Name: DENSO Manufacturing Michigan Alabama Plant (DMMI-AL)
Established: November 1, 2013
Ownership: DENSO Manufacturing Michigan, Inc.
President: Shingo Kuwamura
Employees:45 (projected for June 2014)
Location:101 Smothers Road Montgomery AL, 36117
Building square footage: Building: 103,00 square feet
Investment includes: New equipment, personal property, setup and training
Total investment as of June 2014: US$2.2 million

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