# Denso to build new factory in Iwate Prefecture, Japan

Denso announced plans to construct a new factory at its group company Denso Iwate in Kanegasaki-cho, Iwate Prefecture, to produce automotive meters and other components. The investment is approximately 10 billion yen by 2020, with construction starting in October 2017 and production commencing from May 2019.

- Type: New facility
- Announced: 2017-03-29
- Where: Kanegasaki-cho, Isawa-gun, Iwate Prefecture, Japan
- Value: $90.0M (10.0B JPY)
- Jobs: 1,000
- Starts operating: May 2019
- Status: announced
- Products: automotive meters, semiconductor sensors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [DENSO](https://endata.com/companies/2901.md)
- [DENSO Iwate Corporation](https://endata.com/companies/23161.md)
- [DENSO Iwate Corporation](https://endata.com/companies/23161.md) (partner)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2017/03/j032919.html), 2017-03-29: "The investment for the new factory construction and production expansion is planned to amount to approximately 10 billion yen by 2020."
- [eeinews.com](https://eeinews.com/denso-to-build-a-new-plant-in-iwate-japan/), 2017-03-31: "The investment amount would be around 10 billion JPY until 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.