- Bosch subsidiary Bosch Rexroth expands its production network for industrial applications
- Investment of 145 million CNY
- Production capacity of the new plant to be doubled by 2013
With an investment of 145 million CNY in its plant in Xi'an, Bosch is boosting the position of its subsidiary Bosch Rexroth in the Chinese market. In so doing, Bosch, an international technology company, is also expanding the range of services it offers in the region to include application engineering, cabinet assembly, and product customization tailored to its customers in China.
With an official opening ceremony for the new plant in Xi'an, Bosch Rexroth is expanding its worldwide production network for industrial applications. “This new plant for frequency converters is yet another example of the importance Bosch Rexroth attaches to Asian growth markets,” said Reiner Leipold-Buettner, a member of the executive board at Bosch Rexroth AG who took part in the ribbon-cutting ceremony along with the government officials.
In March, some 370 employees at the newly opened plant in Xi'an began to develop and produce frequency converters tailored to the Chinese market. “China has developed into one of the largest machine building nations in the world, with excellent prospects for further growth, and Bosch Rexroth supports its Chinese customers with high local content; with components that are designed for specific regions and manufactured locally," said Peter Pang, president of Bosch in China.
Bosch Rexroth frequency converters are mainly used for electric drives in pumps and fans, for compressors, in the cement and steel industries, and in machine tools. They are perfectly suited to making industrial processes more energy-efficient and to increasing the flexibility of machines. In China, more than 23,000 Bosch employees manufacture automotive equipment, industrial technology, power tools, heating systems, security systems, and household appliances.
The entire site covers 42,000 m², with the production building housing 12 production lines. The goal is to double capacity by 2013. In addition, the new site is also home to the main development activities for Bosch Rexroth frequency converters, to marketing and sales, and to distribution and administrative functions.
About Bosch in China
Bosch founded its first trading office in China as early as 1909. In 1926, the first car service workshop opened in Shanghai. Today, all Bosch business sectors are present in China: Automotive Technology, Industrial Technology and Consumer Goods and Building Technology. The company operates 47 legal entities in China and has a holding company in Shanghai. Consolidated sales in China reached 27.4 billion CNY in 2009. Some 21,200 Bosch associates in all legal entities and facilities are committed to bringing to Chinese customers the latest technology as well as the most reliable services to help improve their quality of life.
About the Bosch Group
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 275,000 associates generated sales of 38.2 billion euros in fiscal 2009. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is repre¬sented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for growth. Each year, Bosch spends more than 3.5 billion euros for research and development, and applies for some 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at www.bosch.com.cn
News source：Bosch China
Publish date：August 2010
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