Bosch to Invest Approximately $80 Million U.S. over the Next Four Years

Bosch to Invest Approximately $80 Million U.S. over the Next Four Years

QUERETARO, Qro, Mexico – Bosch announced today that it has signed a property lease agreement for a greenfield site and will establish a new facility in Querétaro, Querétaro, Bajio region, in central Mexico. The announcement was made with the support of the governor of Querétaro state, Francisco Dominguez Servien; Marco Antonio Del Prete Tercero, minister of Sustainable Development of the state; and Marcos Aguilar Vega, mayor of Querétaro City. This new facility represents the first time that Bosch’s Automotive Steering division will have operations in Mexico.

Bosch will begin construction of the facility soon, with completion scheduled for the end of this year. Bosch is investing approximately $80 million U.S. over the next four years to establish the 15,000-square-meter (160,000-square-foot) facility in Querétaro. Production lines will be installed beginning in January 2017, with start of production in December 2017.

Bosch plans to hire approximately 600 associates by the end of 2019, with further growth planned.

NAI Mexico’s Mixed Use Director to Speak at Caribbean and Mexico Hotel & Resort Expansion Forum

NAI Mexico’s Mixed Use Director to Speak at Caribbean and Mexico Hotel & Resort Expansion Forum

Tijuana, Baja California – The time is here: The Caribbean and Mexico Hotel & Resort Expansion Forum is happening this Thursday 9th and Friday 10th of June at Hotel Sheraton Santa Fe, Mexico City, Mexico.

The event gathers high-level executives from Government Developers, Investors, Regulators, Construction Companies, Architects, Solution Providers, Financial Institutes and Associations in a focused two-day program. Panel presentations will share investment strategies, operations efficiency and updated technologies.

Harold Hoekstra is the national Director of the Mixed Use & Capital Markets Division at NAI Mexico and will chair: Mixed Use Development: the Next Generation. This panel will host recognized LatAm experts sharing forecasts and strategies for integrated hospitality, residential, and retail uses. Harold leads teams of experts managing strategic locations throughout Mexico, providing financial and the brokerage advisory