Bosch is to expand its development centre in Abstatt near Stuttgart with a EUR70m (US$77m) injection in the project.
The location is home to Robert Bosch Chassis Systems Control division and the wholly-owned Bosch subsidiary, Bosch Engineering.
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“The number of associates working at Abstatt has grown continuously since the location was opened in 2004 and the existing buildings and parking spaces are no longer sufficient,” said Chassis Systems Control and general manager in Abstatt, Gerhard Steiger.
“Expansion of this location is a sign of how successfully our business is growing and it is an investment in the location’s future.”
Temporary workspaces will be set up in shipping container buildings, with the new facilities due to be completed by mid-2018.
Additional parking will be built by mid-2016. Abstatt currently has a total of 3,400 employees from more than 50 countries.
The Abstatt development centre was opened in May, 2004 following a three-year construction phase and has experienced continuous growth since says Bosch.
