• New location in Plymouth Township, near Detroit
• Capital expenditure of some 30 million euros
• Technical Center to develop driver assistance and safety systems
  
  

PLYMOUTH TOWNSHIP/USA – The Bosch Group has opened a new technical center in Plymouth Township, Michigan. Built at a cost of 37.5 million US dollars (approximately 30 million euros) and with a total floor space of roughly 21,000 square meters, the new building provides jobs for more than 400 researchers and developers. Their work will focus above all on driver assistance and safety systems – such as ACC, the adaptive cruise control system – for the North American automotive market.

With the investment, the Bosch Group is further bolstering its international presence and, at the same time, adding to its global development and application engineering network for automotive technology, which already comprises more than 50 such technical centers. “The additional capacity of the new technical center will help us to achieve our long-term growth targets for automotive technology in North America,” said Peter Marks, Bosch board of management member responsible for the Americas.

The technical center in Plymouth Township complements the development facilities of nearby Farmington Hills, which is also the North American headquarters of the Automotive Technology business sector. In North America, Bosch employs some 25,000 associates at more than 80 locations. In 2006, the sales of the Bosch Group in the North American market came to some seven billion euros.

About the Bosch Group

The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal 2006, some 260,000 associates generated sales of 43.7 billion euros. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering,” the Bosch Group today comprises a manufacturing, sales, and after-sales service network of some 300 subsidiaries and more than 13,000 Bosch service centers in over 140 countries.

The special ownership structure of the Bosch Group guarantees its financial independence and entrepreneurial freedom. It makes it possible for the company to undertake significant up-front investments in the safeguarding of its future, as well as to do justice to its social responsibility in a manner reflective of the spirit and will of its founder. A total of 92 % of the share capital of Robert Bosch GmbH is held by the charitable foundation Robert Bosch Stiftung. The entrepreneurial ownership functions are carried out by Robert Bosch Industrietreuhand KG.

For more information on Bosch China, please visit http://www.bosch.com.cn

For further details please contact:

Martina Horton Robert Bosch GmbH Tel:+49 711 811-6379 Email: martina.horton@de.bosch.com

Chenchen Li Bosch (China) Investment Ltd. Tel:+ 86 21 2898-1111 Email: chenchen.li@cn.bosch.com

News sourc: Bosch Group
Publish date: July 2007