International automotive technology, systems and components supplier DENSO, Southfield, Mich., is expanding its U.S. footprint with a $1 billion investment in its Maryville, Tenn. location. The investment is meant to significantly increase the role North America plays in the global trend toward vehicle safety and electrification, according to the company.
The $1 billion investment is expected to create about 1,000 new production and support jobs, including technicians and engineers. The investment will also expand multiple production lines to produce advanced safety, connectivity, and electrification products for hybrid and electric vehicles. These new products will radically improve fuel efficiency and preserve electric power by recovering and recycling energy, and by connecting all systems and products inside the vehicles. DENSO’s products will create the highest efficiency for a whole vehicle by anticipating the road environment via collaboration with information outside the car and using data to enhance performance of electrified products.
This investment in Maryville is the latest in a line of strategic investments in North America for DENSO. The company recently invested $75.5 million in its Southfield, Michigan headquarters and Dublin, Ohio facilities.
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico.
Edited from information provided by DENSO.
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