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Denso Corp will relocate Guangzhou Denso Co Ltd, a production company in Zengcheng, Guangzhou, China, to another location in the same city starting from March 2013, at the request of the Chinese government, which is planning to redevelop eastern Guangzhou. Denso will use this relocation request as an opportunity to expand the plant size to about 1.4 times its current space.
Construction of the new plant is scheduled to begin in February 2012 and be completed by January 2013, with a total investment of approximately 6.3 billion yen ($81 million) by 2013.
Denso produces automotive air conditioning systems and related components at nine locations in China, and a new car air conditioner plant in Changchun will also start operations in December 2011.
© JCN Newswire
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bajhista65
I wonder why Japanese Industrial Companies keep on building their companies in China and makes China richer and richer. hehehehehe There are so many poor asian countries that needs Japanese industries built in their countries to solve un-employment problems like the Philippines.
nath
looks like you're one of those suffering in philippines??