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DENSO to Consolidate Manufacturing Operations of Starters and Alternators in Europe

Planned closure of DENSO Manufacturing Midlands in United Kingdom

Kariya (Japan) ―DENSO Corporation today announced that it will consolidate its manufacturing operations of starters and alternators in Europe to DENSO Manufacturing Italia S.p.A. (DMIT) located in San Salvo, Italy. Currently, these products are manufactured at DMIT and DENSO Manufacturing Midlands Ltd. (DMML) located in West Midlands, United Kingdom. Following the transfer of manufacturing operations from DMML to DMIT, it is planned that DMML will be closed.

“We have decided on the consolidation to strengthen the competitiveness of our starter and alternator business in Europe under these severe economic conditions,” said Mitsuharu Kato, senior managing director in charge of the Electric Systems Business Group, DENSO Corporation. “However, we deeply regret that this action will impact employees at DMML.”
 
DMML, 100-percent owned by DENSO Corporation, produces starters and alternators and employs 80 people.
 
DMIT, 100-percent owned by DENSO Corporation, produces starters, alternators and small motors, and employs approximately 1,100 people.
 
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world’s major carmakers. Worldwide, the company employs approximately 119,000 people in 32 countries and regions, including Japan. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
 
In Europe, DENSO employs more than 15,800 associates in 14 countries. Consolidated European sales for the fiscal year ended 31 March, 2008 totaled 3.9 billion Euro. DENSO‘s European headquarter is located in Weesp, the Netherlands, with its main Sales & Engineering facility in Eching, Germany. Please visit http://www.denso-europe.com/ for more information.
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18-11-2008 DENSO to Establish New Company in Japan To Accommodate Powertrain Control Systems for Vehicles and Engines
7-11-2008 DENSO to Consolidate Manufacturing Operations of Starters and Alternators in Europe
30-10-2008 DENSO Announces First-half Financial Results
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