Global Mobility Supplier Plans New Distribution Center in Southeast Indiana
JEFFERSONVILLE, Ind. (March 14, 2019) – DENSO, the world's second-largest mobility supplier, announced today that its affiliate DENSO Products and Services Americas Inc. will open a new distribution center in Jeffersonville, creating up to 50 new jobs by 2023.
"Indiana's central location, pro-business environment and talented workforce continue to attract companies from around the world," said Jim Schellinger, Indiana Secretary of Commerce. "The cultural and economic relationships between Indiana and Japan run deep, and DENSO's expansion to Indiana will further solidify our partnership and strengthen the network of nearly 300 Japanese businesses operating here and creating quality job opportunities for Hoosiers.”
The Japan-based company will invest more than $9.5 million to lease and equip 312,000 square feet of warehouse space at 301 Logistics Ave. in the River Ridge Commerce Center in Jeffersonville. The new facility will help DENSO achieve higher fill rates, manage efficient inventory, control costs and meet growth targets. The company plans to invest $3 million in new technology, including warehouse management software to control inventory, optimize supply chain management and enhance customer service.
“With our distribution strategy, we are embracing innovation to build the future of mobility. The center in Jeffersonville is strategically located to help meet the rising demand for DENSO’s top-quality replacement auto parts in the Northeast and Midwest,” said Kazu Yanagawa, vice president of DENSO’s Supply Chain Management Group. “This new distribution center gives us next-day ground transportation access to the entire region.”
Hiring is underway to add up to 50 new full-time jobs, including warehouse, management and administrative positions. Interested applicants may apply online.
“The city of Jeffersonville is pleased to welcome another nationally known corporation into our business community,” said Jeffersonville Mayor Mike Moore. “DENSO will complement our city’s growing international business base, providing our citizens with meaningful employment while enhancing Jeffersonville’s reputation as an enterprising community with business solutions for top companies. The city of Jeffersonville looks forward to working with DENSO to ensure its success.”
The Indiana Economic Development Corporation (IEDC) offered DENSO Products and Services Americas Inc. up to $325,000 in conditional tax credits and up to $50,000 in training grants based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Jeffersonville will offer additional incentives to the company at the request of One Southern Indiana, and Duke Energy has approved incentives to offset a portion of the energy costs.
DENSO is a $48.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 220 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 8.8 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2018. For more information about global DENSO, visit https://www.denso.com/global.
In North America, DENSO employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,000+ employees across 12 states and 25 sites. Headquartered in Southfield, Michigan, in fiscal year ending March 31, 2018, DENSO in North America generated $10.9 billion in consolidated sales. Join us, and craft not only how the world moves, but also your career. For more information, go to https://www.denso.com/us-ca/en/.
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana’s economic development efforts, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.