Bosch Packaging Technology expands in China

Bosch Packaging Technology, a leading supplier of process and packaging technology, is expanding its operations in China and enlarging its site in Hangzhou, Zhejiang province.

In 2010, the company already doubled its production capacity, extending the shop floor area to some 9,000 square meters.

Now, the office building will be enlarged by a third floor. The additional 1,400 square meters will provide space for about 120 new associates. The construction started in May this year;the offices will be ready for use in October.

“We have invested 1.1 million Euros respectively 8.6 million Yuan in the new office area, making it a total investment of about 10 million Euros/87 million Yuan since we established the site,” says Friedbert Klefenz, President of Bosch Packaging Technology.

The final size of the site has not yet been reached, though. In 2012, an additional 5,000 square meters will be added to the shop floor. Further expansions are planned.

From its Hangzhou base, the company – meanwhile the largest local supplier of packaging machinery in terms of sales – delivers mainly into the Chinese market. Annual growth rates of the industries supplied by Bosch, which include the pharmaceuticals, food and confectionery industries, are about 15 percent in China.

Bosch Packaging Technology however grows more quickly than the markets, and thus continues to gain market share.

Source: Bosch News