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Bosch Rexroth opened a 42,000 sq m plant in Queretaro, Mexico, investing about EUR 160 million to make hydraulic pumps, motors and valves for mobile machinery and linear motion products, creating about 900 jobs by 2027.
Bosch Rexroth completed its acquisition of HydraForce, a US compact hydraulics specialist, after antitrust approval. HydraForce will be integrated into Bosch Rexroth's Compact Hydraulics Business Unit.
Bosch Rexroth intends to invest in its mobile hydraulics site in Fountain Inn, South Carolina, to develop electrification of mobile machinery and related software. No investment amount was disclosed.
Bosch Rexroth will build a new 42,000 sq m plant in Queretaro, Mexico, investing about 160 million euros to make mobile hydraulics and factory automation components for North America. Opening is planned for mid-2023, with over 900 jobs after full commissioning in 2027.
Bosch Rexroth and Weifu Group plan to form a joint venture in Wuxi, Jiangsu, to develop, make and sell hydraulic products for the Chinese market. Bosch Rexroth will merge its subsidiary Lezhuo Hydraulics into the venture, which still needs regulatory approval.
Bosch Rexroth, a Bosch subsidiary based in Lohr am Main, Germany, agreed to acquire US hydraulic valve maker HydraForce, with the purchase price undisclosed and subject to antitrust approval. The contract was signed on 15 July 2022.
Bosch Rexroth will invest $12.8 million to expand its hydraulics manufacturing campus in Fountain Inn, Greenville County, South Carolina, adding a testing facility and 60 jobs over five years, with completion expected by 2025.
The Australian Department of Defence awarded Bosch Rexroth Pty Ltd a contract to supply valves, valued at $13,721.40, on 28 March 2018. The contract was listed on the GovMarket portal.
Bosch Rexroth announced an $80 million expansion of its Fountain Inn hydraulics manufacturing operations in Greenville County, South Carolina, adding a building and land, and expected to create 160 jobs over five years.
