April 2005
http://www.dieselnet.com/
Bosch opens Technology Center in China
The Bosch Group has opened a new Technology Center in Suzhou, 80 km
west of Shanghai. The total investment volume is about €50 million.
220 employees are working at the Center, mostly in the field of
automotive electronics and brake systems.
Bosch plans to invest more than €500 million in fixed assets in China
over the period from 2005 to 2007. Up to this point, Bosch invested
more than €550 million in China and employs locally some 10,700
people. In 2004, Bosch sales in China amounted to €1.2 billion.
http://www.bosch-presse.de/TBWebDB/bosch-ptj/en-US/PressText.cfm?id=2
298
SwRI forms joint-venture in China
The Southwest Research Institute (SwRI) and the China Automotive
Technology and Research Center (CATARC) have agreed to form a joint-
venture company to provide research, development and testing services
for automotive products, components and systems in China. The joint
venture, called Tianjin SwARC Automotive Research Laboratory Co.,
Ltd., will be located in Tianjin City, China.
SwARC will draw on SwRI's expertise in automotive emissions research.
It will utilize laboratories, equipment and buildings owned by
CATARC. SwRI will own 55% of the new company.
http://www.swri.org/9what/releases/2005/CATARC.htm
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