Bosch announces Qingdao plant
Updated: 2012-03-26 14:17
(China Daily)
|
|||||||||||
Bosch Automotive Diesel Systems Co Ltd, the joint venture between Germany's Robert Bosch GmbH and Wuxi Weifu High-Technology Group Co Ltd, recently announced that it will invest 1.6 billion yuan in a new facility in the eastern port city of Qingdao to produce diesel fuel injectors and other products.
The new facility in the Qingdao National High-Tech Industrial Development Zone covering 110,000 square meters will be Bosch's second manufacturing site for clean diesel technology in China.
The demand for energy-saving and eco-friendly auto diesel technology will rise rapidly as China adopts a national IV emission standard by the middle of 2013, the company said.
Related Stories
Bosch to produce vehicle-safety devices in Chengdu 2012-02-15 10:21
- European investors cool toward China
- Filling China's insurance gaps
- HK wins Asia Pacific's top shopping spot
- Triangular debts threaten manufacturers
- New policies support ailing solar industry
- Scalpers cash in on short supply of iPhone 5s
- Lean times at Canton Fair
- China's crude steel output plummets in Jan-Sept