Automotive supplier Denso announced that they are planning to invest $1 billion and create more than 1,000 new jobs in their main facility in Tennessee to meet increasing demand for electric vehicle parts. The company is looking to make this plant the primary manufacturer in the U.S. for electrification and safety systems.
Denso is aiming to expand a couple of production lines to make advanced components for electric and hybrid cars. Fuel efficiency will be improved and electric power will be preserved by recovering and recycling energy. Each vehicle will have boosted efficiency by anticipating road conditions through data collected inside and outside of the vehicle.
The company already invested $400 million two years ago to consolidate their warehouse operations where 500 jobs were to be added. This plant in Tennessee opened in 1988 with about 100 employees. Today, there are about 3,200 workers as well as another 1,400 employees in another facility nearby.
The government of the state wants to propose a plan to join Toyota and Mazda together and form an assembly facility to work on auto technology, such as electric vehicles to supply each other. Tennessee is already home to assembly plants by General Motors, Nissan, and Volkswagen as they look into other suppliers and attract other auto auto manufacturing plants.