Sunday 19 May 2013
Mexico.- The German company Robert Bosch announced an investment for around US$114 million this year in Mexico, taking their labor force to 9,000+ jobs in Mexico. Also, the growth of domestic sales here will be over the global average. “While the company estimates 3% to 5% growth in sales all over the world, due to uncertainty arising from Europe’s economic situation, in Mexico we are forecasting growth between 10% and 15%”, Rene Schlegel, President, Bosch Mexico, said.
Schlegel assured that Bosch, the automotive technology, consumer goods and industrial products firm, is fully confident on Mexico’s development, and therefore they are allocating an investment over US$100 million, i.e. 40% more than the investment in 2011, which amounted to US$78 million.
"The Mexican market is very attractive and important for Bosch, mainly in manufacturing, technological development and services provided”, he further said.
Source: mexicanbusinessweb.com
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