New DENSO Silao Facility Celebrates Grand Opening in Mexico

Contact: Bridgette LaRose
DENSO International America, Inc.
Phone: (248) 372-8266
Email: bridgette_larose@denso-diam.com

SILAO, Guanajuato, Mexico – Global automotive supplier DENSO celebrates the grand opening of its newest plant in Silao, Guanajuato, Mexico, on Wednesday, May 28, 2014. This facility, which is the third plant for DENSO Mexico S.A. de C.V. (DNMX) and part of DENSO’s growing North American regional presence, will employ more than 850 people and represents an overall investment of nearly US$108.4 million.

“We’re excited about this facility and the new opportunities that go along with the expansion,” said Hikaru Sugi, president and CEO of DENSO International America. “DENSO has been in Mexico since 1994, when we opened our Apodaca City facility. With the newest development, we’re able to manufacture and supply products in close proximity to our customers in this region.”

This 56,200-square meter facility will produce alternators, radiators and washer systems, as well as heating, ventilation and air conditioning units. Currently, DNMX produces instrument clusters, climate control panels and engine control components, such as variable cam timing and oil control valves, at the other two facilities in Nuevo Leon state.

About DENSO:
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 38 countries and regions (including Japan) and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9.0 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 www.globaldenso.com, or visit our media center at or visit our media website at www.densomediacenter.com.

Currently, in North America, DENSO employs more than 17,000 people at 32 consolidated companies and affiliates. Of these, 28 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 14,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, and Arkansas. DENSO’s North American consolidated sales totaling US$7.9 billion for the fiscal year ending March 31, 2014.

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