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Bosch North America

Bosch Security Systems to open new distribution center in Spartanburg County

Investment expected to create more than 50 new jobs
COLUMBIA, S.C. – Bosch Security Systems, a leading global supplier of security, safety and communications products, solutions and services, plans to open a new distribution center in Spartanburg County. In addition to leasing a newly constructed building in Greer, S.C. and further investment in equipment, the company expects to create more than 50 new jobs over the next five years.

Bosch associates at the 150,000-square-foot facility, located at 140 Caliber Ridge Road in Greer, will distribute products to customers in North and South America and support light assembly for customer-specific projects. Bosch Security Systems’ product portfolio includes video surveillance, intrusion detection, fire detection, access control and management systems, in addition to professional audio and conference systems. Operations are expected to begin in December 2014.

Bosch Security Systems employs more than 12,000 associates worldwide. The company is one of 360 subsidiaries and regional companies of the Bosch Group, a leading global supplier of technology and services that employs more than 4,000 associates among four facilities throughout South Carolina. The company will begin hiring for the new positions in fall 2014.

QUOTES

“We are pleased to open the first facility for Bosch Security Systems in South Carolina. With this investment, we will benefit from synergies with multiple Bosch facilities and transportation lanes in the state. We will meet the growing demands of our customers in North and South America with greater flexibility and efficiency, due in part to a constructive partnership with the state of South Carolina, S.C. Commerce, Spartanburg County and the S.C. Ports Authority.” -Christopher Gerace, regional president, Bosch Security Systems

“Bosch Security Systems is a welcome addition to our state’s business community. Their decision to create more than 50 new jobs expands Bosch’s footprint in our state and reinforces why South Carolina is a leader in logistics.” -Gov. Nikki Haley

“The Bosch Group is deeply engrained in South Carolina’s economy, and we welcome yet another one of their esteemed divisions to the Palmetto State. Bosch Security Systems will fit perfectly here, and I look forward to their future growth and success.” -Secretary of Commerce Bobby Hitt

"The South Carolina Ports Authority looks forward to supporting the needs of Bosch Security Systems’ new location in Spartanburg. Our strong port is one of South Carolina’s key strategic assets, benefitting companies all across our state.” -Jim Newsome, president and CEO of the South Carolina Ports Authority

“We are pleased to see The Bosch Group has chosen South Carolina for yet another major investment in our great state. Spartanburg County looks forward to working with Bosch Security Systems to ensure their growth and profitability continues in the Palmetto State.” -David Britt, chairman of the Economic Recruitment and Development Committee of Spartanburg County and member of the Economic Futures Group Board

“We are extremely pleased Bosch, a globally recognized company, is establishing a distribution operation in
Spartanburg County and the City of Greer. We welcome them to our ever-growing list of international companies in Spartanburg County.” -Russ Weber, president of Integral Solutions Group and chairman of the Spartanburg Economic Futures Group Board of Directors

“It is my great pleasure to welcome Bosch to the City of Greer. With Bosch’s announcement, Greer has truly been given a coveted opportunity to further grow and diversify our city. As one of South Carolina’s fastest-growing cities, Greer is extremely grateful to Bosch for their commitment, and we look forward to the opportunity to provide a return on their investment.” -City of Greer Mayor Rick Danner

FIVE FAST FACTS

- Bosch Security Systems plans to open a new distribution center in Spartanburg County.

- The company is leasing a newly constructed building and expects to create more than 50 new jobs over the next five years.

- 150,000-square-foot facility, located at 140 Caliber Ridge Road in Greer, S.C.

- Bosch Security Systems is a subsidiary of the Bosch Group, which employs more than 4,000 associates among four facilities throughout South Carolina.

- Operations are expected to begin in December 2014 with hiring for the new positions starting in fall 2014.

About Bosch
Bosch Security Systems generated sales of $1.95 billion in fiscal 2013. Protecting lives, buildings and assets is our aim. The product portfolio includes video surveillance, intrusion detection, fire detection and voice evacuation systems as well as access control and management systems. Professional audio and conference systems for communication of voice, sound and music complete the range. Bosch Security Systems develops and manufactures in its own plants across the world.

The Bosch Group is a leading global supplier of technology and services. In 2013, its roughly 281,000 associates generated sales of $61.2 billion. Its operations are divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies are represented in roughly 150 countries. In 2013, the Bosch Group invested some $6 billion in research and development and applied for some 5,000 patents (average of 20 patents per day). The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.”

In the U.S., Canada and Mexico, the Bosch Group manufactures and markets automotive original equipment and aftermarket solutions, industrial drives and control technology, power tools, security and communication systems, packaging technology, thermo-technology, household appliances, healthcare telemedicine and software solutions. Having established a regional presence in 1906, Bosch employs 24,600 associates in more than 100 locations, with consolidated sales of $10.4 billion in 2013.

About S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing businesses grow. Commerce has recruited world-class companies to South Carolina such as Boeing, Bridgestone, Continental, Monster.com, ZF Group, BMW and Google Inc. and also supports small and existing business, rural development initiatives and community development. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. South Carolina ranked first in the nation for attracting jobs through foreign investment, according to IBM-Plant Location International reports in both 2012 and 2013. The state won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012. For more information, visit www.SCcommerce.com.

Bosch to open new distribution center - August 2014

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