Bosch will build new plant in Queretaro

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Bosch, a technology and services provider based out of Germany, informed that this is the year to realize the investment project for the new plant in Queretaro, which was announced in 2016, and will be dedicated to manufacture automotive parts. This new plant will be the 12th Bosch location in Mexico, with 15,000 square meters, and its inauguration is scheduled for late 2017. The plant will assemble primarily two new products for the automotive sector: steering shafts and controllers for electric power assisted steering. This company is planning to accomplish sales growth rates between 3% and 5%. This estimation is based on the good performance the company has had commercializing its technological solutions, mainly in the industrial sector.