Southfield, Michigan (PRWEB) May 07, 2013
Global automotive supplier DENSO today celebrates the opening of its new thermal assembly plant and warehouse facility in Urbandale, Iowa. The new facility, named DENSO Manufacturing Michigan Iowa Plant (DMIA) represents a half million dollar investment and seven new jobs. The company expects to expand to 20 employees and nearly double its production within the next two years.
“With the opening of the Urbandale facility, DENSO has localized the assembly of products for its North American customers that were previously assembled in the United Kingdom,” said Howard Sugi, president and CEO of DENSO International America. “DENSO has been in Iowa since 1974, when we opened our first facility in Cedar Falls, mainly to support heavy duty, off highway engine management and others. We’re excited about the opportunities we see in the years ahead for our new site.”
DMIA assembles cooling modules for the agricultural and construction industries, and handles pass-through products, such as radiator assemblies and cooling modules for the construction, agriculture and electric power industries.
“This opportunity to put down roots and grow could not be possible without the strong support of the Greater Des Moines Partnership, the city of Urbandale and the Urbandale Development association,” said DMIA Plant Manager Paolo Vercelli. “We’re also grateful for the warm welcome and assistance we’ve received from the Urbandale Chamber of Commerce.
Vercelli added, “DENSO’s motto is, ‘Protecting lives, preserving the planet and preparing a bright future for generations to come.’ We look forward to sharing this bright future here in Urbandale.”
Today’s news is part of DENSO’s expansion plan to invest nearly $2 billion in North America - more than $750 million dollars 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 totaling US$6.8 billion for the fiscal year ending March 31, 2013.
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