International America Inc. plans to spend nearly $1 billion on
projects across North Americahalf in the United
Statesto increase its manufacturing capacity.
"Just a couple years ago, we
were seeing capacity taken out of North America. But there is a
revitalization of manufacturing happening and capacity is now
coming back. Automakers and suppliers are both increasing
production," Terry Helgesen, senior vice president of industry
relations at Southfield, Mich.-based Denso, said during a news
conference Jan. 15 at the North American International Auto
Show in Detroit.
The expansion effort by the
companya subsidiary of Kariya, Japan-based Denso Corp.
that makes such automotive systems as heating, ventilation and
air conditioners, radiators, fuel pumps and electronic fuel
injection productswill create more than 2,000 new jobs in
"Much of this
investmentmore than $750 million and 1,200 jobsare
right here in the United States," Helgesen said, estimating
spending at $150 million in Michigan; $120 million each in
North Carolina, California and Iowa; and $50 million in Athens,
Tenn. The company is also considering additional investment in
Maryville, Tenn., and plans to spend another $150 million in
Canada and Mexico.
The capital projects are being
driven by higher vehicle output, expanding business with
existing customers, new product launches and Densos
effort to localize products for regional customers, he