Tuesday, July 26, 2005
Liz Boyd, Governor's Office
Japanese Automotive Supplier to Create 250 New Jobs, Invest $36 Million
LANSING - After meeting with DENSO Corporation President and CEO Koichi Fukaya at the company's "D-Square" facility in Kariya City, Japan, Governor Jennifer M. Granholm today announced the company will expand its North American headquarters in Southfield. The $36 million expansion will create 250 new jobs by 2010.
"Our business is growing, and we need to expand our facilities so that we can quickly respond to North American customers," said Matt Matsushita, president and CEO of Southfield-based DENSO International America, Inc. "With the North American automotive industry centered in Michigan, it makes sense to expand our existing facility already situated close to those customers."
A leading global supplier of advanced automotive technology, systems, and components, Japan-based DENSO Corporation employs 104,000 people in 31 countries and regions. In the Americas, DENSO employs more than 15,000 people at 33 locations.