Aug 30, 2011 ... Bosch Rexroth Corporation, the world's leading provider of drive, motion and
control technologies for advanced ... To learn more, please visit www.
boschrexroth-us.com. The Bosch ... Manager, Communications & E-Business.
ANNOUNCEMENT August 30, 2011
Bosch Rexroth expands footprint in Charlotte Bosch Rexroth Corporation, the world’s leading provider of drive, motion and control technologies for advanced manufacturing systems, has concentrated its automation technologies business in Charlotte. The company is a member of the Bosch Group, a global supplier of technology and services with 283,500 employees and 2010 sales of 47.3 billion euros (roughly $63 billion). In support of this concentration, President and CEO Berend Bracht and other top Bosch Rexroth executives are now based in the company’s office and manufacturing facility at 14001 South Lakes Drive in South Point Business Park. The executive team was previously located in Hoffman Estates, IL. Bosch Rexroth has manufactured linear motion products in Charlotte since 1991, when Rexroth acquired the Tychoway Bearing Company that had been established in Charlotte in 1985. In 2010, the company relocated the production of its line of assembly systems from Michigan to the South Point facility, and in recent weeks, leased 67,700 sq. ft. in SilverLake Business Park for a new logistics center. This concentration of resources has added 45 jobs to the local economy and is the foundation of Rexroth’s plans to expand its automation technologies business. Warren Snowden of Cushman & Wakefiled/Thalhimer represented Bosch Rexroth in lease negotiations at SilverLake. Lane Holbert and Barb Jespersen of Cassidy Turley represented the building owner, M. David Properties.
The Rexroth expansion of its Charlotte facility allows it to supply a broader range of automation technologies from a central location.
“By centralizing the manufacturing of key Factory Automation products in Charlotte, we have positioned ourselves for significant future growth,” said Berend Bracht, regional president of Bosch Rexroth in the Americas. “The logistical convenience of the Charlotte airport, wide range of available local services, and the close proximity to our Mobile Applications lead plant in Fountain Inn, SC were also key reasons for expansion here.”
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330 South Tryon Street, Suite 200 • Charlotte, NC 28202 • 704-378-1300 • BOOMcharlotte.com • twitter.com/cltecondev
The Charlotte Chamber assisted Bosch Rexroth with various aspects of its recent expansion. For more information on Bosch Rexroth, please visit www.boschrexroth-us.com. You may also wish to contact one of the following: Kevin Gingerich Manager, Communications & E-Business Bosch Rexroth Corporation (269) 697-5295
[email protected]
Justin Hunt Vice President Economic & European Development Charlotte Chamber (704) 378-1310
[email protected]
Bosch Rexroth AG is one of the world’s leading specialists in the field of drive and control technologies. Under the Rexroth brand name, the company supplies more than 500,000 customers with tailored solutions for driving, controlling, and moving. Bosch Rexroth is a partner for Mobile Applications, Machinery Applications and Engineering, Factory Automation and Renewable Energies. The company provides customized solutions tailored to the needs and specifications of each individual market. As The Drive & Control Company, Bosch Rexroth develops, produces, and sells components and systems in over 80 countries. As part of the Bosch Group, Bosch Rexroth and its 34,900 associates generated approximately 5.1 billion euros in revenue ($6.8 billion) in 2010. To learn more, please visit www.boschrexroth-us.com The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 285,000 associates generated sales of 47.3 billion euros ($62.7 billion) in fiscal 2010. The Bosch Group comprises Robert Bosch GmbH and its more than 350 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent 3.8 billion euros (approximately $5 billion) for research and development in 2010, and applied for over 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial. ###
