TOKYO — DENSO Corp. has established a new company in Tianjin, China, to produce heat exchangers for car air conditioners and radiators. The new company’s main customers are Japanese automotive manufacturers in China. DENSO said it will continue to expand the business to eventually supply European and American automotive manufacturers in China as well.
DENSO has been growing its car air conditioner business in China since 1994, when it opened its first production company, Yantai Shougang DENSO Co., Ltd., in northern China. DENSO now has four production companies in China including Yantai Shougang: Tianjin DENSO Air-Conditioner Co., Ltd. and Tianjin Fawer DENSO Air-Conditioner Co., Ltd. in northern China, and Guangzhou DENSO Co., Ltd. in southern China.
The new company, called DENSO (Tianjin) Thermal Products Co., Ltd., will begin production in July 2006. The initial capital investment will be approximately $66.7 million.
For more information about DENSO, go to: www.globaldenso.com.
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