Bosch Rexroth Announces a Comprehensive Investment Program
BEIJING—Over the next three years Bosch Rexroth AG will invest 83 million Euros to expand its production capacities in China, beginning with the construction of a new factory in Beijing.
"A targeted expansion of our business activities in China coincides with our long-term investment strategy in important target markets for lasting growth of the company," said Dr. Alfons Weber, executive vice president of Bosch Rexroth AG, who is responsible for business in Asia. Bosch Rexroth is following the strategy of continuously increasing commitment in China in order to have the capabilities to manufacture market-specific products on location for the home market. In addition, the product portfolio will be expanded to be able to deliver all relevant technology for drive and control engineering. "China offers great growth opportunities in the interim and long term which we want to utilize," said Dr. Weber.