Bosch Packaging Technology to build second plant in Chengdu, China

Bosch Packaging Technology, one of the leading suppliers in the field of packaging technology, reveals that it intends to choose Chengdu, Pujiang county in Sichuan province to build a second production facility in order to expand its manufacturing in China.

According to the company's announcement, the new facility involves an investment volume of 17 million euros (approximately RMB150 million) and an agreement concerning the use of a site of 66,000sq m has been signed.

With its production facility in China, Bosch primarily serves the regional packaging machine market which is estimated to grow by an annual average of 15% over the coming years. Friedbert Klefenz, President of Bosch Packaging Technology, said, "Considering the enormous growth of the Chinese market we will use the new location in Chengdu to create additional capacities, as our existing facility in Hangzhou will reach its limit within the next two years."

The decision to build its new plant in Chengdu follows Bosch's strategy to invest to a greater extent in the Western and middle regions of China, says the company.

The new location's land area is twice the size of the existing location in Hangzhou.

Bosch Packaging Technology will start operations in Chengdu at the beginning of next year in a leased production hall. Construction work for the new plant is set to start in 2014, with the first expansion phase expected to be completed in 2015.

By that time, Bosch will occupy a total floor space of 7,200sq m for producing and will employ 300 associates. The new facility will enable Bosch to serve the pharmaceutical, food and confectionery sectors with packaging machines of medium output capacity.