BIZ BRIEF: Denso to build additional factory in Mexico

January 10, 2012

Denso Corp. announced Jan. 10 that Denso Mexico S.A. de C.V. (DNMX), will build an additional plant in Silao, Guanajuato, Mexico.

The new facility will help Denso expand its business in Mexico and meet the growing needs of its North American customers, who are ramping up their operations in the region. The plant will manufacture heating, ventilation and air conditioning units. Denso will consider producing additional products at the new site in the future.

Denso's investment in the new facility will total $57 million (4.4 billion yen), and the company expects to employ more than 400 people by 2015. Construction of the 25,600-square-meter facility will begin in March, and production is set to start in October 2013.

This will be the third plant for DNMX, which also has facilities in Apodaca and Guadalupe, both in the northeastern state of Nuevo Leon. DNMX manufactures a variety of automotive products at its two existing plants, including instrument clusters, climate control panels and system control components such as variable cam timing and oil control valves.

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