1.1 million Euro (9.6 Million Yuan) Investment in Hangzhou Bosch Packaging Technology Expands Its Site in China
New office space for about 120 associates
o1,400 square meters of new office space to be opened in October
oAnother expansion of the site planned for next year
Stuttgart/Hangzhou - Bosch Packaging Technology, a leading supplier of process and packaging technology, is expanding its operations in China and enlarging its site in Hangzhou, Zhejiang province. In 2010, the company already doubled its production capacity, extending the shop floor area to some 9,000 square meters. Now, the office building will be enlarged by a third floor. The additional 1,400 square meters will provide space for about 120 new associates. The construction started in May this year; the offices will be ready for use in October. "We have invested 1.1 million Euros respectively 8.6 million Yuan in the new office area, making it a total investment of about 10 million Euros/87 million Yuan since we established the site," says Friedbert Klefenz, President of Bosch Packaging Technology. The final size of the site has not yet been reached, though. In 2012, an additional 5,000 square meters will be added to the shop floor. Further expansions are planned. From its Hangzhou base, the company - meanwhile the largest local supplier of packaging machinery in terms of sales - delivers mainly to the Chinese market. Annual growth rates of the industries supplied by Bosch, which include the pharmaceutical, food and confectionery industries, are about 15 percent in China. Bosch Packaging Technology however grows more quickly than the markets, and thus continues to gain market share.
Bosch Packaging, Hangzhou celebrates its tenth anniversary and 125 years of Robert Bosch
The new office floor will be inaugurated on October 21. At the same time, the site will celebrate its tenth anniversary and the 125th anniversary of the Bosch Group. "Ten years ago, we started with 14 employees," explains General Manager Walter Häcki. "Today, the site employs some 390 associates, produces around 400 machines each year and continues to grow." Mr. Häcki says he is proud that Bosch technology contributes to the country's economic growth. "Our biggest boom is in pharmaceuticals," he explains. Bosch´s Packaging site in Hangzhou not only produces standard solutions that are tailored to local needs, such as Pack111 which is a horizontal flow wrapper in the medium output range: the site also manufactures complete packaging lines for its main business of pharmaceuticals that meet pharmaceutical standards worldwide. This includes systems for filling and packaging vials and ampoules, pure steam generators, stills and autoclaves. Mr. Häcki is convinced that "expansion in emerging markets will become the decisive factor for the economic success of packaging machine manufacturers in the future." With his statement Mr. Häcki refers to local development and manufacturing, knowledge exchange with European lead plants, a product portfolio covering the customer's entire value chain and a close-knit service network. "We can only reach our ambitious targets for China with qualified local staff so developing the potential of our associates is of paramount importance for me."
The Bosch division Packaging Technology, based in Waiblingen (Germany), is one of the leading suppliers in the field of packaging technology. In 17 countries worldwide it develops and produces complete systems in packaging and process technology for the pharmaceutical, confectionery and food industries. Customized system solutions complete the service package. Bosch Packaging Technology's sales and service teams operate worldwide. More information at www.boschpackaging.com, www.boschpackaging.com.cn
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, some 285,000 associates generated sales of 47.3 billion euros in fiscal 2010. The Bosch Group comprises Robert Bosch GmbH and its more than 350 subsidiaries and regional companies in over 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 3.8 billion euros for research and development in 2010, and applied for over 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
Bosch is celebrating its 125th anniversary in 2011. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as a "Workshop for Precision Mechanics and Electrical Engineering." The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at www.bosch.com, www.bosch-press.com, and www.125.bosch.com.
Info box: 125 Years of Bosch, 150 Years of Packaging Expertise
This year, the Bosch Group celebrates the 125th anniversary of the company's establishment, and the 150th birthday of its founder, Robert Bosch. This year also marks 150 years of packaging history for Bosch Packaging Technology, starting with the foundation of the Hesser company in 1861, which Bosch later acquired. The anniversary is cause for more than mere retrospection - it connects our past with our future. For decades, Bosch Packaging Technology has stood for technological competence and innovation. For decades, customers have been able to trust in the company's reliability as Bosch produces and packages as promised. Today, the company is a leading global supplier of processing and packaging technology for the pharmaceutical, food and confectionery industries. Discover the BoschGlobe at www.125.bosch.com and www.boschpackaging.com.
