DENSO Corp. reports the 80,700-square-foot KYOSAN DENSO Manufacturing Kentucky facility, DENSO’s subsidiary in Mt. Sterling, Ky., will be expanded by 84,500 square feet.
The investment totals $27.1 million and will create approximately 150 new jobs by 2010, the company says. Due to the expansion, capital was increased $16 million last month.
“With this expansion, we will be able to increase our production of automotive fuel pump modules and their components, including fuel filters and flanges,” said KYOSAN DENSO President Shunichiro Hiromasa. “We aim to increase sales to $160 million by fiscal year 2010, from $74 million in fiscal year 2005.”
Construction of the new facility is scheduled to begin in August and be completed by March 2007. Production is scheduled to start in June 2007.
KYOSAN DENSO assembles automotive fuel system components, fuel pump modules and on-board refueling vapor recovery valves for North American car manufacturers.
KYOSAN DENSO Manufacturing Kentucky is a joint venture between Kyosan Denki America Inc. and DENSO International America Inc. Kyosan Denki America owns 70% of the limited liability partnership and DENSO, 30%.
