Bosch puts Vietnam plant in focus

December 01, 2012 | 12:38

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The leading global supplier of technology and services Bosch Group confirmed its continued investments in production and technology in Vietnam.

It comes as it celebrates its 25 millionth push belt having just rolled off the Bosch assembly line in Tilburg, the lead plant in Netherlands.

In its first year of operation, the second manufacturing plant in Vietnam which was opened last year to adapt demand of continuously variable transmission technology for customers in Asia, produced 1.6 million push belts and by 2015 the production volume is expected to reach nearly 5 million units.

In order to meet the rising demand in the future, the production space of the Vietnam plant has already been further extended, only two years after it first opened.

In 2011, Bosch in Vietnam generated $220.5 million in revenue and employed more than 800 workers.

Bosch also manufactures push-belts for continuously variable transmissions of automobiles in Long Thanh, southern Dong Nai province since August 2008.

In 2012, the annual global production volume of continuously variable transmission systems including push-belts and chains is planned to reach seven million units.

This number is expected to rise to 12.5 million units by 2015 and to 14 million by 2019.

The growth is mainly driven by strong demand from Asia and the United States, according to Bosch Group.