Bosh invests 146 million dollars in Querétaro and creates more than 400 qualified jobs.
Bosch México announced the expansion of its manufacturing plant located in the Colón municipality, Querétaro, which represented an investment of 146 million dollars and the generation of more than 400 qualified jobs.
We are ready to take the industry to a new level of competition in Querétaro, the governor, Mauricio Kuri González, point out when inaugurating in Colón the expansion of Bosch México, a manufacturing plant that manufactures automotive transmissions, which represents an investment of 146 million dollars and the generation of more than 400 qualified jobs.
The Governor celebrated the growth of the German company in the entity, as well as the social responsibility that distinguishes it. In this sense, he explained that his administration will continue to provide legal, physical, patrimonial, and labor certainty, so that they continue to invest in Querétaro.
“Your job is to create wealth and thus be able to generate wealth, which is our goal in Querétaro. The generation of wealth, and the generation of wealth is done by the companies”, he pointed out.
Kuri González recalled that Germany is one of the main commercial partners of the state and several German companies are settled in Mexico, as we offer a qualified workforce, security and certainty that Querétaro.
In his message, the Secretary for Sustainable Development, Marco Antonio Del Prete Tercero, mentioned that Bosch Mexico is part of the 192 German companies that are already in the state. They are 9.2 percent of the national total and 11.5 percent of all the companies in Querétaro.
He explained that German investments are focused mainly on the wholesale sector, the manufacture of vehicles parts, as well as equipment for the manufacturing industry, aligning policies with sustainability, a priority item in the state government
The president of Bosch México, René Schlegel, pointed out that one year after the announcement, the speed between decision, execution, and constancy, made possible to start the operation of new lines, thus endorsing the commitment to the automotive sector and Querétaro, and recent graduates.
“Our trajectory in Querétaro has been very pleasant, not only because of the business success. We have found the permanent and easy accompaniment of the governmental and academic authorities, to jointly continue feeding the talent of the people of Querétaro”, he said.
The commercial director of Bosch Querétaro, Julia Wegmann, explained that operations will to reach its maximum production capacity combining technology for production and the most qualified human resources, and she invited the people to apply for the vacancies offered by the company through its social networks, where administrative and operational jobs are offered; as well as for experts in industry 4.0 and digitization.
The plant is located in the Aerotech Industrial Park, in the community of Galeras, municipality of Colón, where the electronic power steering and driver assistance device will be developed there. This fact also strengthens the region's automotive supply chain.
Since 2017, the Querétaro plant has manufactured electronic devices for the Mexican automotive industry and it currently has 483 employees.
Bosch established its first manufacturing plant in Toluca in Mexico in 1966. Since then it has expanded its presence, and currently has 14 locations in the country.
In 2020, Bosch in Mexico reached a sales volume of 2.7 billion dollars, employing more than 17,200 collaborators.
The firm has four business branches: mobility solutions, industrial technology, consumer goods, and energy, as well as construction technology.
Germany is the fourth largest issuer of Foreign Direct Investment to Querétaro, with 1,155 million dollars from 1999 to the third quarter of 2021, behind the United States, Spain, and Canada, according to the Ministry of Economy.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 420,000 associates worldwide (as of December 31, 2022). According to preliminary figures, the company generated sales of 88.4 billion euros in 2022. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm.
Bosch creates technology that is “Invented for life.”
The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 85,000 associates in research and development, of which nearly 44,000 are software engineers.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “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 upfront investments in the safeguarding of its future.
Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. 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.