Denso says it is investing approximately USD51.4m to expand its operations and add about 450 new jobs, at its Mexican manufacturing facility in Silao, Guanajuato, Mexico.
The investment represents the addition of a new product line to make alternators for its North American customers as they are ramping up production in the region. The new line is scheduled to start production in October 2014.
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This expansion follows Denso’s 2012 announcement to build the Silao facility, which will begin production of heating, ventilation and air conditioning (HVAC) units in October 2013. Denso’s initial investment totalled USD57m, which represented a 25,600 square meter facility and more than 400 jobs.
Since that announcement, Denso has increased its production line up of radiators and washer systems and, as a result, decided to expand 30,600 square meters further to accommodate the alternator line and other future business expansions.
The total investment now represents USD108.4m, 56,200 square meter facility and about 850 jobs.
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