In January 2013, the global auto parts supplier Denso announced that it will spend US$1 billion to expand its business in North America in the next four years. This plan will generate 2,000 new manufacturing jobs. As part of this investment plan, Denso plans to invest US$750 million in the United States and recruit 1,200 employees, of which US$150 million will be used to expand its technology center and a manufacturing plant in Michigan, where it will be located. 400 additional employees. In addition, Denso will invest in Tennessee, North Carolina, Iowa and California, respectively. According to Terry Helgesen, senior vice president of industry relations at Denso Group, “Last year, we announced that we will fully implement localized production in our business areas. Our plan is not just to produce products in North America. We will also achieve local production of key equipment.†Denso's first factory in the United States was established in 1984 in Battle Creek, USA. The company currently employs more than 14,000 people in North America and 26 factories in the United States, Canada and Mexico. . Rainpipe / Gutter Roll Forming Machine Rainpipe Roll Forming Machine,Gutter Roll Forming Machine,Roll Forming Machine Bluesteel Machine Co., Ltd. , http://www.hzformingmachine.com
Denso Group plans to spend USD 1 billion to expand North America business within four years