DENSO Expands Operations in Athens, Tennessee

News Summary

DENSO, the Japanese auto parts giant, is expanding its operations in Athens, Tennessee, with a $100 million investment that will create approximately 200 new jobs. The Athens facility, already a significant employer with over 1,400 workers, plans to enhance production capacity while introducing new heating and air conditioning systems. With modern upgrades and a commitment to the local community’s growth, this expansion marks a pivotal moment for both DENSO and Athens’ economy, reinforcing its role as a key player in the region.

Exciting Expansion in Athens, Tennessee!

Great news for the residents of Athens, Tennessee! The Japanese auto parts giant, DENSO, has just announced a significant expansion of its operations right here in town. This expansion comes with a whopping investment of $100 million, and it’s set to create around 200 new jobs for the local community. Things are looking up and it’s time to celebrate!

A New Chapter for DENSO in Athens

DENSO has called Tennessee home since 1988, starting its journey in Maryville before expanding to Athens in 1997. Fast forward to now, and the Athens facility is becoming quite the powerhouse, already employing an impressive 1,444 individuals. With the new expansion, the facility will ramp up its production capacity and total footprint to a staggering 879,000 square feet. That’s enough space to really make a mark in the auto parts industry!

Modern Upgrades and New Products

So, what exactly will DENSO be focusing on with this expansion? The company plans to produce its newest efficient heating and air conditioning systems. These innovations are designed not just to keep passengers comfortable, but also to boost the overall efficiency of traditional, hybrid, and electric vehicles. Talk about being on the cutting edge of technology!

DENSO is already known for its high-quality products, and the Athens facility has a rich history of producing vehicle ignition systems, exhaust components, and gasoline delivery systems. The new project will also involve 54,560 square feet of additional production space along with renovations to existing areas, ensuring everything is state-of-the-art and ready for action.

Community Impact

The expansion isn’t just a big deal for DENSO; it’s a major win for the community as well. Local leaders and officials are brainstorming the positive ripple effects this project is set to bring. More jobs mean more families will be supported, local businesses can thrive, and the economy can flourish. DENSO is already the largest employer in McMinn County and the eighth largest in the Knoxville region. This new investment truly cements its commitment to the area and showcases its role as a powerhouse in Tennessee’s economy.

A Longstanding Partnership

DENSO has been a valuable partner in the region’s economic development for nearly 30 years. The Tennessee Department of Economic and Community Development has played an essential role in fostering partnerships in the area, with DENSO standing out as a prime example of successful collaboration that enhances job opportunities for everyone involved.

Last fiscal year, DENSO generated an incredible $11.7 billion in sales in North America alone. It operates around 180 facilities across the globe, employing a total of about 162,000 folks worldwide. With its global headquarters in Kariya, Japan, and North American headquarters in Southfield, Michigan, DENSO continues to be a major player in the auto parts industry.

Looking Ahead

As Athens embraces this exciting new chapter, it’s clear that DENSO’s expansion represents a bright future for workers, families, and the overall economy. With innovation at its core and jobs in the pipeline, the Athens community can look forward to a wave of positive changes ahead. Here’s to progress, growth, and a thriving workforce in Athens, Tennessee!

Deeper Dive: News & Info About This Topic

• Knox News: DENSO Expansion in Athens
• DENSO: Official Announcement of Expansion
• News Channel 9: DENSO to Expand Operations
• Times Free Press: 200 New Jobs in Athens
• WATE: DENSO’s $100M Expansion Plans
• Wikipedia: DENSO Corporation