/C O R R E C T I O N -- DENSO/

In the news release, DENSO Foundation Awards Nearly $1 Million in STEM Education Grants to 25 North American Colleges and Universities, issued 11-Jul-2018 by DENSO over PR Newswire, we are advised by the company that the number of colleges and universities receiving grants should read "22," rather than "25." The headline, first paragraph, and the list of recipients in the sixth paragraph have been revised accordingly. The complete, corrected release follows:

SOUTHFIELD, Mich., July 11, 2018 /PRNewswire/ -- DENSO, one of the world's largest automotive suppliers of technology and components, constantly searches for ways to increase young people's access to technical education and help develop tomorrow's workforce. Aiding this effort, the company's philanthropic arm – DENSO North America Foundation (DNAF)  – today announced it will donate nearly $1 million in overall funding to 22 institutions of higher learning across North America to support science, technology, engineering and math (STEM) educational programming. These grants help achieve DENSO's goal of exposing students to the rewarding careers available in manufacturing and advance the industry forward by enhancing programs that will produce the next wave of highly-skilled problem solvers. The DNAF board confirmed its 2018 North American college and university grants on June 13.

DNAF funds will be delivered to programs focused on design, materials management, mechanical and electrical engineering principles, thermodynamics, robotics and more – all intended to help cultivate and encourage a new generation of engineers and skilled workers.

"As a global technology and automotive leader, it's vital for DENSO to advance young people's education in engineering, technology and other related programs," said Doug Patton, president of the DENSO North America Foundation and executive vice president of Engineering at DENSO International America, Inc. "To remain competitive in this ever-evolving, hi-tech landscape, it calls for a workforce that is skilled, well-trained and able to adapt quickly. We feel great responsibility to prepare students for what's next – for the health of our industry and their future careers."

"Manufacturing and automotive companies need technically-minded associates now more than ever," said David Cole, DENSO North American Foundation board member. "By supporting programs that emphasize STEM learning experiences in real-world settings, we hope to help students explore their passions, find a worthwhile and fulfilling career path, and help our communities prosper."

DNAF has supported STEM education through grants at colleges and universities since 2001, enabling students to access tools, technology and experiences that better prepare them for technical careers after graduation. DENSO education grant proposals are invite only and evaluated based on technical merit, student experience and alignment with industry needs.

This year's grant recipients, which play key roles in training the future automotive workforce, include:

• Arkansas State University - Jonesboro
• California State Polytechnic - Pomona
• California State University Long Beach
• East Tennessee State University
• FIME; Mechanical and Electrical Engineer College
• Kettering University
• Lawrence Tech
• Michigan State University
• Michigan Tech
• North Carolina State
• Northeast State Community College
• Oakland University
• Ohio State University
• Pellissippi State Community College
• Tennessee Tech
• University of Alabama Tuscaloosa
• University of Guelph
• University of Michigan Dearborn
• University of Tennessee Chattanooga
• University of Tennessee Knoxville
• West Virginia University
• Western Michigan University

DENSO is looking to hire new talent across North America as it continues its pursuit to shape and improve future mobility solutions for all. Positions are available in a variety of roles, business units and locations. Those interested can apply at www.densocareers.com. 

About DENSO in North America
DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 28 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people in Alabama, Arkansas, California, Iowa, Georgia, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Texas. DENSO's North American consolidated sales totaled US$10.9 billion for the fiscal year ending March 31, 2018. For more information, go to www.denso.com/us-ca/en. Connect with DENSO on Facebook at www.facebook.com/DENSOinNorthAmerica.

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/.

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SOURCE DENSO