DMMI to build new warehouse
Date: 2004-04-30

DENSO Manufacturing Michigan, Inc. announced today that it will build a 120,000-square-foot warehouse west of its manufacturing building on its undeveloped property in Ft. Custer Industrial Park.

The new $4.5-million warehouse will enable DMMI to achieve maximum efficiency for the storage and distribution of materials and parts components.

Akio (Alex) Shikamura, DMMI president, says: “In order for DMMI to continue to maintain its competitive edge in both this country and in the global marketplace, we must continue to provide the best products with regard to quality, cost and delivery. By increasing our warehouse space on our campus, we also will increase our efficiency.”

The new warehouse is the second major expansion at DMMI in less than a year. In June of 2003, DMMI announced a 91,000-square-foot expansion to accommodate a new aluminum radiator line and a new aluminum heater core line. The $9-million expansion was completed earlier this year.

DENSO Corporation, headquartered in Kariya City, 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 95,000 people in 31 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2003, totaled US$24.2 billion. DENSO common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges.

In the Americas, (North, Central and South), DENSO employs 14,000 people at 26 companies. Consolidated sales for the above fiscal year totaled $5.3 billion DENSO International America, Inc., Southfield, Mich., serves as the North American headquarters.

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