International engineering and electronics giant Bosch is expanding its power tools plant in Hungary, with an investment worth 49 million US dollars.
By relocating activities to a new manufacturing building at the Miskolc power tools site, the company will improve the manufacturing layout to reduce complexity and costs and to enable further growth.
“Bosch’s values, expertise, dedication and commitment to quality are all represented in the site, and our results – just like the investment we have announced – confirm that we can confidently build the future on these values,” said László Fükő, general manager of the power tools plant.
The new 20,000 sq m facility will provide workspace for 1,200 associates and will house the manufacturing of cordless power tools for do-it-yourselfers and garden enthusiasts – such as drills, saws, multifunction tools, chainsaws, and hedge cutters as well as batteries for professional and do-it-yourself users. Additionally, the new building will create space for administration offices, a canteen, labs and 100 new parking spaces.
The power tools plant in Miskolc is already the Bosch Group’s main European battery pack production competence centre, thanks to its outstanding technological infrastructure, staff expertise and high production volumes. The plant produces batteries not only for electronic power tools, but for e-bikes as well.
Construction on the new building is already underway, with completion is scheduled for the end of 2019.