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Production for local demand: Bosch establishes ABS manufacturing facility in Brazil Increasing acceptance of ABS in Mercosul


WEBWIRE

CAMPINAS/BRAZIL – The Bosch Group will begin manufacturing antilock braking systems (ABS) in Brazil in 2007. For this purpose, it is planned to invest some ten million euros in the Campinas plant, near São Paulo. In Latin America, Bosch is the market leader for antilock braking systems, which have so far been imported. The decision to invest has been prompted by the increasing number of passenger cars equipped with ABS in Brazil.

Bosch has been present in Brazil since 1954, and manufactures automotive technology, automation technology, power tools, household appliances, and packaging technology there. Ever since the 1980’s, a team of Bosch engineers has been working to adapt ABS to vehicles manufactured in Brazil. In its Brazilian subsidiaries and affiliated companies, the Bosch Group employs some 14,000 associates, and generated sales of roughly one billion euros in the Brazilian market in 2005.


The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal 2005, some 251,000 associates generated sales of 41.5 billion euros. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering,” the Bosch Group today comprises a manufacturing, sales, and after-sales service network of more than 280 subsidiaries and more than 12,000 Bosch service centers in over 140 countries.

The special ownership structure of the Bosch Group guarantees its financial independence and entrepreneurial freedom. It makes it possible for the company to undertake significant up-front investments in the safeguarding of its future, as well as to do justice to its social responsibility in a manner reflective of the spirit and will of its founder. 92 % of the shares of Robert Bosch GmbH are held by the charitable foundation Robert Bosch Stiftung. The entrepreneurial ownership functions are carried out by Robert Bosch Industrietreuhand KG.

Additional information can be accessed at www.bosch.com.

PI5464 - May 09, 2006



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