Packaging Technology

Further investment in Chinese market Bosch Packaging Technology plant expands along with sales growth 35 percent of area enlargement for market needs

  • Total investment of 55 million CNY (6.6 million Euros)
  • From 14 to 500 associates, striving for continuous boosting business
  • A compounded annual growth rate of over 40 percent in recent five years
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  • March 28, 2013
  • Packaging Technology
  • Press releases

press release

Hangzhou / Waiblingen – As one of the leading suppliers of process and packaging technology, Bosch Packaging Technology in China has completed its third plant expansion in Hangzhou in March 2013. The total investment of the plant extension is 55 million CNY (6.6 million Euros). The new building area is enlarged with additional 8,000 square meters to reach an overall building area of 24,400 square meters and a production area of 13,600 square meters. The expansion will be mainly for pharmaceutical business production, aiming to further meet increasing local market needs.

“Over the past five years, the company has achieved a compounded annual growth rate of over 40 percent. And we gear ourselves well to prepare for continuous growth. As an example, in this new facility, we have built a new laboratory for our pharmaceutical business to serve our customers better with a ‘One Stop Shopping’”, said Chee Kian Kang, general manager of Bosch Packaging Technology China.

Bosch Packaging Technology witnessed a healthy and promising business development since 2001, marked by a strong commitment to the local market. From a rental factory with 14 associates in 2001, Bosch Packaging Technology Hangzhou has grown to a company with 500 associates by the end of 2012. “I am fully convinced that the additional investment in Hangzhou will enable the company to strengthen its competitiveness in the Chinese packaging market”, said Friedbert Klefenz, president of Bosch Packaging Technology.

The sustainable environment in the Chinese market further grants Bosch Packaging Technology firmer confidence in the future development. In addition to the expansion in Hangzhou, Bosch Packaging has announced to settle a new production base in Chengdu, the new harbor of fast economic growth region in Western China.

Based in Waiblingen near Stuttgart, Germany, and employing 5,000 associates, the Bosch Packaging Technology division is one of the leading suppliers of process and packaging technology. At over 30 locations in more than 15 countries worldwide, a highly-qualified workforce develops and produces complete solutions for the pharmaceuticals, food, and confectionery industries. These solutions are complemented by a comprehensive after-sales service portfolio. A global service and sales network provides customers with local points of contact.

Additional information is available online at www.boschpackaging.com

In China, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial drives and control technology, packaging technology, solar energy products, power tools, security and communication systems, thermotechnology, household appliances. Having established a regional presence in China since 1909, Bosch employs over 30,200 associates in 51 legal entities and facilities, with consolidated sales of 42.3 billion CNY in fiscal 2011.

For more information, visit www.bosch.com/china

The Bosch Group is a leading global supplier of technology and services, active in the fields of automotive technology, energy and building technology, industrial technology, and con-sumer goods. According to preliminary figures, more than 306,000 associates generated sales of 52.3 billion euros in 2012. The Bosch Group comprises Robert Bosch GmbH and its more than 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 4.5 billion euros for research and development in 2012, and applied for over 4,700 patents worldwide. The Bosch Group's products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is "Invented for life."

Additional information is available online at www.bosch.com and www.bosch-press.com

PI8099 - March 28, 2013

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