Bosch

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Bosch

Robert Bosch GmbH or Bosch, is a German multinational engineering and electronics company headquartered in Gerlingen, near Stuttgart, Germany. It is the world's largest supplier of automotive components measured by 2011 revenues. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch's core products are automotive components (including brakes, controls, electrical drives, electronics, fuel systems, generators, starter motors and steering systems), industrial products (including drives and controls, packaging technology and consumer goods) and building products (including household appliances, power tools, security systems and thermotechnology).

Bosch comprises more than 350 subsidiary companies. In addition to automotive components, which generate around 60% of its revenues, Bosch produces industrial machinery and hand tools.

Although most of the company's plants and employees are located in Germany (112,300 employees), Bosch is a worldwide company.

In North America, Robert Bosch LLC (a wholly owned Bosch subsidiary) has corporate headquarters in Farmington Hills, MI. Three Research Technology Centers are located in Pittsburgh, PA, Palo Alto, CA and Cambridge, MA. Factories and distribution facilities are located in Mt. Prospect, Illinois; Hoffman Estates, Illinois; Broadview, Illinois; Kentwood, Michigan; Waltham, Massachusetts; Clarksville, Tennessee; Anderson, South Carolina; Charleston, South Carolina; South Bend, Indiana (to close 2011); and 11 other cities. There are also two corporate sites in Brazil and ten in Mexico where a central purchasing office for all divisions of Bosch Group is located in Broadview, Illinois. In North America, Bosch employs about 24,750 people in 80 locations, generating $8.8 billion in sales in 2006.

In May 2015, Bosch Security Systems opened its newly-constructed distribution center in Greer, South Carolina. The distribution center adds more than 50 new associates in the state and will receive, store and ship more than 50,000 different products for video surveillance, intrusion and fire detection, access control and management systems and professional audio and conference systems.

There are other wholly owned Bosch subsidiaries in:

India (26,000) Brazil (14,190) China (12,370) France (9,720 including 70 long term/ short term assignees[13] ) Czech Republic (8,690) Japan (8,130) Spain (7,950) Turkey (7,000 employees in Bursa and Istanbul, 500 in Manisa) Hungary (6,280) Italy (5,160) United Kingdom (4,920) Portugal (3,940) Romania Netherlands (4,000)[14] Switzerland (2,780) Australia (2,300) Malaysia (2,220) Austria (2,140) Belgium (2,040) South Korea (2,000) Russia (1,730) Poland (1,640) Sweden (1,230) South Africa (1,010) Viet Nam (1,000) Tunisia (770) and other countries. Bosch employs over 290,183 people in more than 50 countries, supplying a complex distribution network of new products and parts.

Bosch entered India in 1922, when Illies & Company set up a sales office in Calcutta. For three decades, the company operated in the Indian market only through imports. In 1951, Bosch set up its first manufacturing plant in India.

Currently, Bosch India has a turnover of over $2 billion and over 26000 employees spread across 10 locations and 7 application development centers. 84% of Bosch India revenues come from its automotive business, with the remaining 16% split between its non-automotive businesses that include packaging, energy and building solutions, power tools and consumer retail. Bosch also has an R&D facility in Bangalore, India. This is Bosch's largest R&D facility outside its home market of Germany. In September 2014, Bosch announced the launch of a locally-developed eye-care solution in India. The company’s new eye screening and detection system offers a combination of hardware and software and provides affordable eye care.

Bosch India is listed on the Indian stock exchanges and has a market capitalization of over $12 billion.

www.bosch.com