Business/economy

Expanding Bosch's international presence Bosch opens Thermotechnology plant in Mexico Production of gas-fired instantaneous water heaters for regional markets

  • Investment of 5 million dollars, some 100 new jobs by 2016
  • Very dynamic growth in the Mexican market
  • Bosch celebrates 60 years in Mexico
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  • August 28, 2015
  • Business/economy
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press release

Tepotzotlán, Mexico/Stuttgart, Germany – On August 28, 2015, Bosch officially opened its first Thermotechnology plant in Mexico in the city of Tepotzotlán, located approximately 50 kilometers north of Mexico City. Since June 2015, the international supplier of technology and services has been producing gas-fired instantaneous water heaters there for the Mexican and Latin American markets. It plans to employ some 100 associates at the site by 2016. Bosch expects to see rising demand on the Mexican market for energy-efficient hot water generation. “As a result of its increasing importance as a business location, Mexico is a key pillar in our growth strategy for the North American market,” said Bosch board of management member Werner Struth at the opening in Tepotzotlán. “Locating production here allows us to position ourselves closer to our customers and better tailor our products to the local market,” Struth added.

In addition to production, the site will also house R&D and certification departments. The company is investing some five million dollars into the 8,700-square-meter site.

Bosch in Mexico experiencing very dynamic growth
Bosch is clearly on course for growth in Mexico. In 2014, the company increased its sales by nearly six percent. This trend has continued this year. “We once again saw good sales growth in Mexico during the first half of 2015. We expect to sustain this positive development through the end of the year,” Struth said.

Expansion of production and R&D
Over the past ten years, Bosch has invested more than 400 million euros into expanding production and R&D in Mexico. During this period, the number of associates has more than doubled to over 12,300. In 2014, Bosch opened its first center for software development and engineering services for the American market with a new development location in Guadalajara. In addition, the company is investing further into automotive technology production in the cities of Toluca and Juárez, Mexico, creating up to 4,000 new jobs in the process. There are also plans to expand the Bosch plants in San Luis Potosí and Mexico City, Mexico in the years ahead.

Bosch in Mexico
This year, the Bosch regional company in Mexico is celebrating its 60th anniversary. During this time, a single sales office in Mexico City has grown to nine locations, eight of which are production sites including the newly opened Thermotechnology plant. Bosch Mexico is an important part of the company's localization strategy, which aims to supply automotive customers in North and South America directly from local plants. In addition to automotive technology, Bosch also manufactures power tools, thermotechnology, and security systems in Mexico, and focuses on local product development. For instance, roughly 300 engineers in Mexico are currently working on new automotive technology solutions specifically for the North American market.

Contact persons for press inquiries:
For inquiries regarding Bosch in Mexico:
Agnes Grill, phone: +49 711 811-38140
Marco Quero, phone: +52 (55) 52 84 43 80

For inquiries regarding Bosch Thermotechnology:
Silke Bartels, phone: +49 6441 418-1711

Bosch Thermotechnology is a leading European manufacturer of energy-efficient heating products and hot water solutions. In fiscal 2015, the company generated sales of 3.3 billion euros (68 percent outside Germany) and employed approx. 13 400 people. Bosch Thermo­technology has strong international and regional brands and manufactures a diversified product range in Europe, America and Asia.

Further information is available online at www.bosch-thermotechnology.com.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. 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 some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. 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.”

Further information is available online at www.bosch.com, www.bosch-press.com, http://twitter.com/BoschPresse.

PI9043 - August 28, 2015

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