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A new Bosch plant
AUTOMOTIVE supplier Bosch Group has agreed to invest 1.6 billion yuan (US$254 million) to build the second manufacturing plant for its diesel system in China.
The new facility will be located in Qingdao National Hi-Tech Industrial Development Zone and mainly produces advanced fuel injectors.
Bosch said demand for energy-saving diesel technologies is expected to grow rapidly in China as the national IV diesel emission standard would take effect in 2013. The new plant will significantly boost the production capacity of its diesel systems in China and support long-term growth.
The new facility will be located in Qingdao National Hi-Tech Industrial Development Zone and mainly produces advanced fuel injectors.
Bosch said demand for energy-saving diesel technologies is expected to grow rapidly in China as the national IV diesel emission standard would take effect in 2013. The new plant will significantly boost the production capacity of its diesel systems in China and support long-term growth.
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