Bosch further Invests in Its Korean Plant
www.chinatrucks.com : Bosch announced an expansion of the plant in Daejeon, Korea with a planned investment of 170 billion Korean Won ( 151 US Dollars), which will produce petrol injection systems.
The completion ceremony of the Daejeon plant was just held, marking the plant is ready for trial manufacturing after Bosch poured 60 billion Korean Won last year. the plant is expected for full-loaded operation next year.
CEO of Bosch Korea said the new program will create 400 jobs. By the end of last year, the company has invested 200 Korean Wons in the country. But suffering from the going down solar business, the company reduced the investment in Korea.
CEO of Bosch Korea said by expanding the Daejeon plant, the company shows its willingness to provide the Korean customers with the latest products in petrol and diesel engines, which is good for the environment.
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