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Bosch Mexico inaugurates the expansion of its plant in Aguascalientes

 
 
 

06/08/2016 | Mexico | Corporate News

Strengthening local footprint

  • $400 million Mexican pesos were invested initially for the construction of a new production building
  • 250 additional jobs will be generated
  • Driver safety systems for Mexico and North America markets

Aguascalientes, Ags. - Bosch, a leading global supplier of technology and services, inaugurated the expansion of its plant in Aguascalientes, Mexico. The manufacturing site for automotive components saw an investment of more than $400 million Mexican pesos in the past year and will continue with the investment. The investment was possible thanks to the support of the Governor of the State of Aguascalientes, Mr. Carlos Lozano de la Torre; the Secretary for Economic Development, Mr. Raul Landeros Bruni; and the Municipal President, Ms. Margarita Gallegos Soto. At present, 250 new jobs have been created and it is expected to add more by 2020.

The new construction increased 40 percent the facility’s production space by approximately 10,000 square meters (109,167 square feet), doubling the total product volume of the plant.

"This expansion allows us to improve our customer service to meet the demand of both the local markets and North America," said Renée Schlegel, president of Bosch Mexico.

Strategic Investment

For more than 15 years, Bosch has maintained a strong industrial presence in Aguascalientes. "The decision of making such an investment was made due to the strategic location of the state and its importance as a cluster of the automotive industry", said Schlegel.

"This is a sign of the great confidence that foreign companies have in our state and in Mexico as a country, all supported by the dedication and expertise of our countrymen," said the Governor, Mr. Lozano.

Innovative security technology for the local market

With this expansion, Bosch Aguascalientes will start the production of state-of-the-art key safety systems for the automotive sector, including the anti-lock braking system (ABS) and the electronic stability system (ESP®) as well as the latest technology of mechatronic braking systems, the iBooster 2nd generation IB2 (2). These systems are focused on improving safety in the driving and braking of today's automobiles, and are recognized worldwide for their excellent results in the reduction of accidents and the saving of lives.

Year of Germany in Mexico

Germany has a long history of investmentin to Mexico, in recent decades, many entrepreneurs have established their businesses in Mexico. The Dual Year of Germany in Mexico celebrates this history of cooperation that gave rise to many of the German companies established in the country, such as Bosch, in 1955.

The stable relationship between these two nations is worthy of being celebrated and constitutes a starting point for further growth and for the creation of alliances in the future. Therefore, Bosch is one of the main sponsors of the Dual Year. "We feel a close proximity to the topics of innovation, urbanization, mobility, security, cultural exchange, and diversity, and through the Dual Year initiative is possible to reach out the general public to communicate all these topics in a simple manner," said Schlegel. "People will have the opportunity to go to different locations to take part in educational, cultural, gastronomic and sporting events and at the same time learn more about both countries."

Bosch Mexico will be at the exhibition "Made in Germany", which will take place this year in June 15-19. During their visit, attendees will learn about the culture of the German company and the various solutions offered by Bosch for different Mexican markets as well as to experiment with Bosch products.

Having established a regional presence in 1906 in North America, the Bosch Group employs some 28,700 associates in more than 100 locations, as of April 1, 2015. In 2014, Bosch generated consolidated sales of $12.6 billion in the U.S., Canada, and Mexico. For more information, visit www.boschusa.com and www.bosch.ca .

The Bosch Group is a leading global supplier of technology and services. It employs roughly 390,000 associates worldwide (as of December 31, 2016). The company generated sales of 73.1 billion euros in 2016. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At 120 locations across the globe, Bosch employs some 59,000 associates in research and development.

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 upfront 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 is available online at

www.bosch.com

www.iot.bosch.com

www.bosch-press.com

twitter.com/BoschPresse