Strong in the U.S.: Bosch increases capital expenditure – 400 million euros for the current year

 Headcount also growing: 18,800 #bosch associates in the U.S. by 2017
 Plans to expand production capacity for automotive components in Charleston,SC
 Major potential for connectivity business, whether smart cities or Industry 4.0
Palo Alto, U.S. / Stuttgart, Germany – The #bosch Group is expanding in the U.S.: the supplier of technology and services plans to invest nearly 400 million euros (around 450 million dollars) in the U.S. over the course of the current year, about one-fifth more than in 2015. Bosch’s headcount is also expected to rise, from 17,800 associates at present to more than 18,800 by early 2017. Speaking at a press conference in Palo Alto, the #bosch board of management member whose responsibilities include the Americas, Dr. Werner Struth, said: “This underscores our confidence in the United States as an established market and a strong driver of innovation.”
The company also announced its plans to continuously expand its oldest plant in the U.S.: the manufacturing facility in Charleston, SC, and the occupational training and professional development activities there. The more than 1,700 associates currently employed at the plant manufacture original equipment for vehicles, including components for the ABS and ESP® automotive safety systems.
Bosch also recently intensified its development activities in the U.S. For instance, it expanded its engineering center in Pittsburgh, PA, and consolidated its local activities at a new, central location. The associates there will develop internet
and security technologies for the internet of things (IoT). #bosch also expanded its technical center in Plymouth, MI, where developers are working on key technologies for the mobility of the future, such as automotive electronics and driver assistance and safety systems. Over the past five years (2011 to 2015), the company has invested a total of 1.5 billion dollars (just under 1.2 billion euros) in the United States.
Bosch is pursuing its expansion strategy in the U.S. with acquisitions as well: “The U.S. market is a highly promising one. Moreover, U.S. companies are among the most innovative in the world. For this reason, we will continue our high level of acquisition activity in the United States.” Just recently, #bosch purchased Skyline Automation, a leading specialist in building automation located in Clifton, NJ, in a move that increased the company’s market presence. Skyline Automation specializes in building automation and systems integration, which includes the installation and networking of various technical systems in buildings. This follows Bosch’s 2015 acquisition of Climatec, a leading U.S. provider of energy-efficiency, building-automation, and security solutions.

More information on the press release

- Photogallery (10)

video analytics at the edge

1600x1068, 714KB

0913 pittedit tg 0024

1600x1067, 330KB

usa infografik en

849x1200, 167KB

plymouth technical center kt3 9300e

1600x1068, 646KB

bosch smart home innenkamera 03

1600x1061, 432KB

buehnenbild pi9464

1280x854, 183KB

20160909 fivepoint innovationalley cam1a v08

1600x800, 491KB

robert bosch 71721

1600x1068, 649KB

robert bosch 71717

1600x1068, 351KB

bosch rtc location

1600x900, 753KB

- Documents (1)

Press release

141KB

Related news

april 19, 2024	april 18, 2024	april 10, 2024
Additional partnership in medical technology: Bosch and R-Biopharm to strengthen Vivalytic analysis platform - Plans to use innovative Bosch BioMEMS technology in PCR tests for multiresistant bacteria	Bosch is banking on innovations, partnerships, and acquisitions – cost reduction remains in focus - Growth targets require high degree of profitability and financial strength	Growth through medical technology: Bosch and Randox invest heavily in the Vivalytic analysis platform - Novel Bosch BioMEMS technology helps save lives
Bosch and R-Biopharm are jointly investing 150 million euros in the development of new PCR tests and in marketing.PCR test for mul...	Headway in the 2023 business year: sales rose to 91.6 billion euros / EBIT margin from operations up 5.3 percent year on year.Outl...	New partnership for Vivalytic analysis platform: Bosch and Randox Laboratories Ltd. to invest 150 million euros in research, devel...
Corporate Health&Wellness Technology	Automotive Corporate Technology	Corporate Health&Wellness Technology
#technology #corporate #bosch #health #rbiopharm #vivalytic #biomems	#technology #corporate #bosch #automotive	#technology #corporate #bosch #health #medicine
Download all	Download all	Download all
4 1	18 2	8 1

You might be interested in

march 01, 2024	february 28, 2024	february 22, 2024
UniversalMulti 18V-32 joins ‘18V Power for All System’: New cordless multifunction tool from Bosch for DIYers - Versatile, compact, and easy-to-use	For safer roads: Bosch teams up with Microsoft to explore new frontiers with generative AI - Bosch Connected World 2024	New for DIYers in the ‘18V Power for All System’: Two cordless drill drivers with interchangeable attachments from Bosch - High-performance screwing, drilling, and impact drilling
Depth stop for millimeter precision when sawingVersatility thanks to ‘Starlock’ accessory interfaceOne battery for many applicatio...	Stefan Hartung: “Bosch is working on bringing a new dimension of AI applications into the vehicle.”Objective: to explore harnessin...	Powerful: AdvancedDrill and AdvancedImpact 18V-80 QuickSnapDurable: Robust metal chuck and brushless motorFlexible: QuickSnap inte...
Design Technology	Corporate Events Technology	Design Technology
#technology #product #design #bosch #wat #powertools	#technology #corporate #bosch #partnership #microsoft #artificialintelligence #event #boschconnectedworld2024	#technology #product #design #bosch
Download all	Download all	Download all
3 1	10 1	3 1