# DENSO to expand semiconductor production at Iwate plant with $88M investment

DENSO Corporation will expand its Iwate plant in Kanegasaki-cho, Japan, with an investment of approximately $88 million (10 billion yen). The expansion will increase floor area from 106,000 m² to 126,000 m² and add about 384 jobs, with production starting in May 2019 and full operation by 2020.

- Type: Expansion
- Announced: 2017-05-23
- Where: Kanegasaki-cho, Iwate Prefecture, Japan
- Value: $88.0M
- Jobs: 384
- Starts operating: May 2019
- Status: announced
- Products: semiconductor wafers, semiconductor sensors, instrument clusters
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [DENSO](https://endata.com/companies/2901.md)

## Sources

- [denso-am.eu](https://www.denso-am.eu/news/may-2017-newsletter-denso-to-increase-semiconductor-manufacturing-capacity-at-iwate-plant), 2017-05-22: "The project is anticipated to cost approximately US$88 million (10 billion yen), increasing the floor area from its current 106,000 m2 to 126,000 m2 within the existing site boundary."

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