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070-12 Lohr, 2012-10-18

New plant in Wujin - Bosch Rexroth expanding presence in China

New plant in Wujin

Bosch Rexroth expanding presence in China.

- Products tailored to local needs

- Goal: balanced revenue distribution in the triad

- Investment volume of about € 83 million

Bosch Rexroth has taken a new plant into operation in Wujin, China, which employs approx. 1,200 associates. In order to be able to react to the special regional requirements even faster, the local development activities will be bundled in an internal R&D center starting in 2013. Overall, the company will invest 83 million euro into the expansion of its presence in the region. Bosch Rexroth produces hydraulic, linear motion technology, and pneumatics components and systems in Wujin.

“Our ‘local for local’ strategy will help us tap additional market segments that could not be reached from Germany. In the long run, this will also ensure higher utilization at the German plants,“ said Dr. Bertram Hoffmann, member of the Board of Bosch Rexroth AG, before numerous representatives from politics and the economy. “But in addition to production, we will also establish an R&D center in Wujin mainly for industrial automation,” affirmed Fo Wai Lau, Managing Director of Bosch Rexroth in China. Here, engineers are developing regional variants based on the German product platforms that meet the requirements of the company’s local customers.

Bosch Rexroth has been present in China for more than 30 years and is continuously expanding the local value creation. Last year, the company has made almost € 1 billion in sales in China and has thus more than quadrupled its business volume since 2005. The company employs a total of about 3,900 staff in China. Most of the components and systems from the new plant with a total area of about 70,000 square meters are supplied to the largest global market for all kinds of machines.

One focus, for example, is on system solutions for more energy efficiency. Machine concepts developed in close collaboration with Chinese manufacturers consume up to 50 percent less energy while offering the same level of productivity. All experts agree that China will be achieving clearly higher growth rates than Europe or America over the next decade.

The plant in Wujin is part of Bosch Rexroth’s global growth strategy. Over the past years, the company has, for example, also expanded its capacities in North and South America, Eastern Europe and India.

“We are striving to achieve a balanced revenue distribution among the markets of the triad to be able to better compensate for regional fluctuations,” said Hoffmann.

Bosch Rexroth AG is one of the world’s leading specialists in the field of drive and control technologies. Under the Rexroth brand name, the company supplies more than 500,000 customers with tailored solutions for driving, controlling, and moving. Bosch Rexroth is a partner for Mobile Applications, Machinery Applications and Engineering, Factory Automation and Renewable Energies. The company provides customized solutions tailored to the needs and specifications of each individual market. As The Drive & Control Company, Bosch Rexroth develops, produces, and sells components and systems in over 80 countries. As part of the Bosch Group, Bosch Rexroth and its 38,400 associates generated approximately 6.4 billion euros in revenue in 2011.

To learn more, please visit www.boschrexroth.com

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, more than 300,000 associates generated sales of 51.5 billion euros in fiscal 2011. The Bosch Group comprises Robert Bosch GmbH and its roughly 350 subsidiaries and regional companies in some 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent some 4.2 billion euros for research and development in 2011, and applied for over 4,100 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.

Further information is available online at www.bosch.com , www.bosch-press.com

 

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Contact

Jana Benzinger
Maria-Theresien-Straße 23
97816 Lohr am Main
Phone: +49 9352 18-1589
jana.benzinger@boschrexroth.de