A global automobile supplier announced this morning its plans to inject part of a $750 million North American investment into the East Tennessee region.
DENSO has an operation in Maryville and one in Athens.
According to a press release, around $50 million of that money will go to the Athens operation. There they plan to generate more than 130 jobs.
The company is still finalizing details for both the Athens and the Maryville location.
The Maryville location will serve as the regional headquarters for manufacturing machinery and dies. One building there has been dedicated to making the proprietary machinery.
"Last year, we announced that DENSO will drastically localize product in the regions in which we operate," said Terry Helgesen, senior vice president of Industry Relations at DENSO International America, Inc. "Not only are we making products in North America, but we're also localizing critical tooling."