OREANDA-NEWS. September 01, 2015. Bosch officially opened its first Thermotechnology plant in Mexico in the city of Tepotzotlan, 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 Tepotzotlan. “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 Ju?rez, Mexico, creating up to 4,000 new jobs in the process. There are also plans to expand the Bosch plants in San Luis Potos? and Mexico City, Mexico in the years ahead.