Bosch, a supplier of technology and services, ended its 2017 fiscal year with $13.7 billion in consolidated sales in North America, thus remaining at a level similar to the previous year. The number of associates employed in the U.S., Canada and Mexico in 2017 stood at nearly 34,500, a slight increase over 2016.
“North America continues to be an important market for Bosch,” said Mike Mansuetti, president of Bosch in North America. “Our focus is on developing advanced technologies, especially within the Internet of Things, that enable the future of mobility, connected cities, consumer goods and manufacturing facilities. We expect Bosch to remain at the forefront of the connected world, bolstered by strategic investments across North America.”
For 2018, Bosch in North America expects healthy growth over the prior year, driven primarily by the Mobility Solutions business sector. The three other business sectors are also forecasting positive development in 2018. The number of associates is expected to remain at a level similar to 2017.
Bosch continued to make investments in its manufacturing facilities across the North America region, investing nearly $470 million in 2017. Key highlights from the year include the opening of a 104,000-square-foot Research and Technology Center in Sunnyvale, California; the launch of an assembly plant for automotive steering in Querétaro, Mexico; the opening of a new center of innovation and business accelerator in Guadalajara, Mexico; and an expansion of a dishwasher plant and central distribution center in New Bern, North Carolina.