Denso has invested approximately $75.5 million into their North American network to advance innovation by attracting top talent to the company.
The company is investing in its North American regional headquarters based in Southfield, Mich., and one of its satellite offices located in Dublin, Ohio. The investment will raise staff at the facilities by approximately 133 employees over the next three years.
Denso will be working with the Michigan Economic Development Corp. and the Ohio Development Services Agency (ODSA) as well as the city of Dublin to tap into the thriving automotive community and deep talent pool across the Midwest.
“This is the first in a line of investments to create the future of mobility by bringing in top talent and fostering our culture of innovation,” said Kenichiro Ito, chairman of Denso’s North America board of directors and chief executive officer of DIAM. “Expanding our team and resources now will help us make a future of autonomous cars and advanced electric vehicles possible.”
The investment will also expand and renovate R&D facilities at the company’s Michigan headquarters to develop the future of mobility, focusing on automotive safety, cybersecurity and autonomous vehicles.
In addition, the investment will include a full renovation of Denso’s current 10,000 square foot satellite office, as well as add an additional 5,000 square feet of space on the same campus. The additional space will support R&D activity in the area of Powertrain and Infotainment. This site will also serve as a Quality Engineering lab, and host Infotainment System Validation activities.
ODSA will provide $160,000 in performance-based incentives to help expand Denso’s team in Dublin.