Bosch Packaging Technology constructs second plant in China
8 November 2011: Bosch Packaging Technology intends to build a second production facility in Chengdu, Pujiang county in Sichuan province. The investment volume amounts to 17 million euros (150 million Yuan).
An agreement concerning the use of a site of 66,000 sq mtrs has now been signed. With its production facility in China, Bosch primarily serves the regional packaging machine market which is estimated to grow by an annual average of 15 percent over the coming years. The decision to build its new plant in Chengdu follows Bosch’s strategy to invest to a greater extent in the Western and middle regions of China. The new location's land area is twice the size of the existing location in Hangzhou. Bosch Packaging Technology will start operations in Chengdu at the beginning of 2012 in a leased production hall. Construction work for the new plant is set to start in 2014. A year later, the expansion of phase I will be completed when a building of 13,500 square meters of floor space will be ready for occupation. The production area will occupy 7,200 sq mtrs of the total floor space. The new facility will enable Bosch to serve the Pharma, Food and Confectionery sectors with packaging machines of medium output capacity.
Source: Press Release |