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novembre 16, 2016 - Bosch

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

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  •   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

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