Automotive supplier Denso said it is investing nearly $1 billion in North America over the next four years, which will add more than 2,000 jobs to its rolls.
Currently, in North America, Denso employs more than 14,000 people at 28 operations, including 26 manufacturing plants.
This latest investment commitment, Denso said, will allow the company “to better support its North American customers, as well as expand new business areas and localize products, many of which will help automakers meet upcoming fuel requirements.”
The majority more than $750 million will be invested in the U.S., Denso said, with an “increase in research and development, an expansion in existing production lines, the creation of new production lines and the opening of a new assembly and warehouse facility to support its heavy-duty customers.”