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Denso plans to build new plant in Mexico to expand North American market
The Denso Group recently stated that it will build a new factory in Silao, Mexico, in order to expand its business in Mexico and meet the growing demand in the North American market.
Denso will invest a total of US$57 million to build the new plant. It is expected that the plant will employ at least 400 employees by 2015.
Construction of the new plant will begin in March 2012 and will cover an area of ​​25,600 square meters. Production is expected to begin in October 2013. The factory mainly produces HVAC (Heating, Ventilation and Air Conditioning) components.
Denso currently has two plants in Mexico that produce a range of products including temperature control panels and system control components.