DENSO Expands Presence in Mexico
October 1, 2014     Japanese 
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DENSO Expands Presence in Mexico - JCN Newswire
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DENSO Expands Presence in Mexico
 
DENSO expands Apodaca plant and establishes HAMADEN MEXICO

Kariya, Japan, July 1, 2014 - (JCN Newswire) - DENSO Corp. today announced that DENSO MEXICO S.A. DE C.V. (DNMX) will expand its plant in Apodaca, Nuevo Leon, Mexico, to increase production of transmission components in the North American region. The expansion represents an investment of US$53.8 million, (about 5.38 billion yen) which will add 8,200 square meters of space and 500 jobs by 2018. The plant will begin production in December 2015.

In addition, HAMANAKODENSO Co., Ltd., a DENSO Group Company, established a new facility in Salinas Victoria City, Nuevo Leon, Mexico, to produce solenoids for engine and airflow control units for its North and South American customers. The new facility, HAMADEN MEXICO S.A. DE C.V. (HDMX), represents an investment of US$35.8 million (about 35.8 billion yen) and will employ about 340 people when full production is underway in 2018. Construction is scheduled to begin in January 2015, with production starting up in stages from around August 2016. HDMX is the third overseas establishment of HAMANAKODENSO, which also has facilities in Indonesia and Vietnam.

"Mexico is an important and essential market for the automotive industry and for the DENSO Group," said Hiroaki Okuchi, executive director responsible for System Control components business unit. "By establishing new companies and expanding conventional production bases, we will strive to better meet our customers' needs."

DENSO opened its Apodaca Plant in 1996, which manufactures instrument clusters, air conditioning control panels, and variable cam timing (VCT) systems. In addition to the Apodaca Plant, DNMX also has plants in Guadalupe City in Nuevo Leon State and Silao City in Guanajuato State, manufacturing sensors, car air conditioners and radiators.

Location of DNMX and HDMX

Profile of DENSO MEXICO S.A. DE C.V.

1. Location: 1) Apodaca Plant: Apodaca City, Nuevo Leon State, Mexico
2) Guadalupe Plant: Guadalupe City, Nuevo Leon State, Mexico
3) Silao Plant: Silao City, Guanajuato State, Mexico
2. President: Tomoyuki Arakawa
3. Establishment: September 27, 1994
4. Ownership: 95% owned by DENSO INTERNATIONAL AMERICA, INC.,
5% by Sumitomo Corporation
5. Employees: 4,985 (as of end of March 2014)

Outline of Apodaca Plant expansion

1. Site area: 176,700 m2
2. Building area: 8,200 m2 (expanded area)
58,700 m2 (total area)
3. Investment: US$53.8 million (approximately 5.38 billion yen)
4. Employees: 4,300 (projected for FY2018) , 3,762 as of end of March 2014

Profile of HAMADEN MEXICO S.A. DE C.V.

1. Location: Salinas Victoria City, Nuevo Leon State, Mexico
2. Representative: Junichi Nakahira
3. Establishment: April 1, 2014
4. Ownership: 100% owned by HAMANAKODENSO
5. Investment: US$35.8 million (approximately 3.58 billion yen)
6. Products: Solenoid for engine control and air flow control, valves
7. Employees: 340 (projected for FY2018)
8. Site area: 80,000 m2

Profile of HAMANAKODENSO Co., Ltd.

1. Location: 136, Washizu, Kosai City, Shizuoka Prefecture, Japan
2. President: Masayoshi Yagyu
3. Establishment: July 25, 1950
4. Capital: 480 million yen (DENSO: 76.6%, others: 23.4%)
5. Sales: 53.4 billion yen (in FY2013)
6. Employees: 1,751 (as of end of March 2014)
7. Products: Coils, horns, sensors, valves

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 more than 130,000 people. Consolidated global sales for the fiscal year ending March 31, 2013, totaled US$38.1 billion. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

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

 


July 1, 2014
Source: Denso

Denso (TSE: 6902) (U.S: DNZOY)

From the Japan Corporate News Network
http://www.japancorp.net
Topic: Establish Subsidiary
View more news from these Sectors: Automobile Parts and Manufacturing, Design & Manufacturing Process, Engineering


 
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