Bosch budgets $120 million for ECU smart-factory
The approximately 21,000-square-meter facility is planned to be a leading example of smart-industry or Industry 4.0, and will be built by 2020 and ultimately create about 1,200 jobs.
“Bosch is committed to Mexico. The country is and will remain an important market and a hub for our global manufacturing and development network,” said Stefan Hartung, member of the Bosch board of management, in a statement.
The Latin American emerging market has become highly industrialized in recent years, driven mainly by the automotive industry. In 2017 alone, nearly 3.8 million vehicles were manufactured in Mexico.
Bosch has spent about €2.6 billion expanding its presence in North America over the last five years. In Mexico the company opened a new manufacturing facility for driving safety systems in Aguascalientes in 2016 and at the end of 2017, a plant for steering systems in Querétaro went into operation. Since 2014, Bosch has been operating a center for software development and engineering services for the American market in Guadalajara.
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