Read RBC-101-06 (printer file).indd text version

Bosch in North America

Bosch North America

Introduction

At Bosch, our motto, "Invented for life," reflects our company's mission: to develop high-quality technologies that make our customers' lives ­ in the automobile, at home, and in the workplace ­ more efficient, safer, and more comfortable. Peter J. Marks assumed the position of Chairman, President and CEO, Robert Bosch Corporation on January 1, 2006. He succeeds Kurt Liedtke, who retired from the Bosch Board of Management. This booklet, Bosch in North America, highlights the recent innovations and activities in each of our product segments. From the latest advances in automotive safety, such as our adaptive cruise control system, to efficient home appliances, we continue our commitment to reliability and quality ­ the foundation of our company's success. The year 2006 marks the centennial of Bosch in the United States. Join us as we celebrate our past, build our present and look forward to the future. And, on behalf of all our associates in the United States, Mexico, and Canada, thank you. We appreciate your interest in Bosch in North America. I hope you enjoy this overview of our unique company and its products and services. Peter J. Marks Chairman, President and CEO Robert Bosch Corporation

Introduction

Bosch in North America is a part of the Bosch Group, a leading global manufacturer of automotive and industrial technology, consumer goods and building technology. In fiscal 2005, 251,000 associates generated sales of $52.3 billion (42 billion euros) for Bosch globally. Established in Stuttgart in 1886 by Robert Bosch (1861-1942) as "Workshop for Precision Mechanics and Electrical Engineering," the Bosch Group today comprises a manufacturing, sales, and after-sales service network of some 280 subsidiaries and more than 12,000 service centers in over 140 countries. The special ownership structure of the Bosch Group guarantees its financial independence and entrepreneurial freedom. It makes it possible for the company to undertake significant up-front investments in the safeguarding of its future, as well as to do justice to its social responsibility in a manner reflective of the spirit and will of its founder. The entrepreneurial ownership functions are carried out by Robert Bosch Industrietreuhand KG. Bosch in the U.S. has over 80 primary locations. In 2005, Bosch's U.S. sales reached $7 billion with approximately 17,000 associates. Canada sales for Bosch were $798 million (USD). Operating with 11 locations, Bosch Canada employs nearly 600 associates. Seven Bosch locations in Mexico employ over 5,300 associates. Overall sales in Mexico reached $519 million in 2005. As the world's largest automotive supplier, the Bosch Automotive Technology sector develops, manufactures, and supplies precision components and systems, including body electronics, chassis, powertrain, and car multimedia, for original equipment use by every major vehicle manufacturer and within the aftermarket segment.

1

2

Bosch North America

Introduction/U.S. Centennial

Bosch has been an industry Bosch's Industrial Technology products range from industrial hydraulics and electric drives to packaging equipment used in the pharmaceutical, food, and confectionery industries. Within our Consumer Goods and Building Technology sector, high-quality products, such as appliances and water heaters, are found in households throughout North America. A leader in innovation and design, the power tools and accessories division is proud to bring Bosch®, Dremel®, Gilmour®, RotoZip®, Skil®, and Vermont American® brands to the marketplace. As a single solution for intrusion and fire protection, Bosch's home and business security systems continue to gain recognition in North America. leader since 1886, when the company was founded in Stuttgart, Germany. Robert Bosch expanded the reach of the company in 1906 by establishing the company's first U.S. sales office, located at 1947 Broadway in New York City. Bosch has approximately 80 main locations in the U.S. today.

Centennial

On September 6, 1906, investing a capital stock of $25,000, three incorporators signed a certificate to form a corporation to "buy, sell, deal in and manufacture machinery, supplies, engineering and apparatus required for constructing engines, motors, motor vehicles, and machines powered by gasoline or other forms of power." The company was named Robert Bosch, New York, Incorporated, and under the directorship of global company founder Robert Bosch, Otto Heins and Carl Schurz, Bosch's activities in the U.S. were "born." In September 2006, nearly 17,000 Bosch associates in the U.S. will

Bosch North America Key Figures

2005

Sales* Automotive Technology Industrial Technology Consumer Goods & Building Technology Associates* Automotive Technology Industrial Technology Consumer Goods & Building Technology

* Approximate

2004

$ $ $ $ 7.8 billion 5.2 billion 1.0 billion 1.6 billion

$ $ $ $

8.4 billion 5.5 billion 1.2 billion 1.7 billion

22,700 14,000 3,100 5,500

celebrate the company's U.S. centennial. For 100 years, Bosch associates have successfully responded to the ever-changing needs of the U.S. marketplace, providing outstanding products and services for Bosch's customers. The hard work and dedication of our associates have made Bosch's success possible and remain the bedrock of future success.

3

4

Bosch North America

Milestones

Bosch associates have always

Bosch in the United States

The First 100 Years 1906 ­ Robert Bosch New York, Inc., (later named Bosch

Magneto Co.), established.

served as the backbone of the company's activities. Pictured here is the staff of the Bosch Magneto Company in New York City in 1913.

1910 ­ Bosch has established sales offices in Chicago (1908),

San Francisco (1909), and Detroit (1910).

1912 ­ Bosch completes construction of first North American purposebuilt manufacturing facility in Springfield, Mass., to manufacture magnetos.

1914 ­ Bosch Magneto Co. acquires Rushmore Dynamo Works in

Plainfield, N.J., boosting production capacity.

1974 ­ Robert Bosch Packaging Corp. founded in Piscataway, N.J. 1980 ­ Robert Bosch Tool Corp. established in New Bern, N.C. 1983 ­ Bosch Automotive Research and Development Center opens in

Farmington Hills, Mich.

1917-1918 ­ U.S. Government expropriates assets of Bosch

Magneto Co.; Company renamed American Bosch Magneto Corp. (Bosch trademark rights re-established in 1983.)

1921 ­ Robert Bosch Magneto Co., Inc., set up in New York City. 1931 ­ Robert Bosch Magneto Co., Inc., and American Bosch

Magneto Corp. merge to form the United American Bosch Corp. (later renamed American Bosch Corp.).

1991 ­ Bosch-Siemens Hausgeraete GmbH establishes U.S. presence,

begins dishwasher exports to U.S.

1996 ­ Bosch's Automation Technology business unit established (now

Bosch Rexroth).

1941-1942 ­ U.S. Government expropriates American Bosch

Corp., and its assets.

1999 ­ Bosch establishes its Research and Technology Center North

America, with offices in Palo Alto, Calif., and Pittsburgh, Pa.

1953 ­ Robert Bosch Corp. founded in New York City, N.Y. 1967 ­ Robert Bosch Corp. moves headquarters to Broadview, Ill. 1972 ­ Bosch four-person sales office opens in Southfield, Mich. 1973-1974 ­ Robert Bosch Corp. builds manufacturing factory in

Charleston, S.C.

2001 ­ Bosch Automation Technology and Rexroth join forces to form

Bosch Rexroth Corp.

2003 ­ Robert Bosch Corp. acquires RotoZip. 2005 ­ Bosch acquired Vermont-based Controlled

Energy Corporation.

5

6

Bosch North America

Milestones

Bosch Global and U.S.

Product Milestones 1887 ­ First Bosch low-voltage magneto for stationary internal

combustion engine.

1973 ­ First Bosch aseptic thermoforming machine for

packaging liquid foods introduced.

1976 ­ Bosch develops world's first swivel-arm industrial robot;

debuts in the U.S. in 1986.

1902 ­ First spark plugs and high-voltage magneto ignition system. 1907 ­ Bosch begins mass production of magnetos in the U.S. 1913 ­ First complete automotive electrical system comprising

a magneto ignition with spark plugs, generator, lighting system and regulator.

1978 ­ Bosch launches first series-produced antilock braking

system (ABS); debuts in the U.S. in 1985.

1985 ­ Bosch Platinum spark plug introduced in the U.S. market. 1989 ­ TravelPilot navigation system launched. 1995 ­ Bosch Electronic Stability Program (ESP) debuts;

introduced in the U.S. in 1999.

1928 ­ First Bosch mass-produced power tool. 1933 ­ First Bosch mass-produced refrigerator. 1930s ­ First Bosch U.S. mass-produced diesel injection systems

for commercial use and utility vehicles.

1997 ­ Bosch introduces diesel common rail direct injection in

Europe; debuts in the U.S. in 2001.

2000 ­ Bosch adaptive cruise control (ACC) system debuts in

Europe; debuts in the U.S. in 2002.

1951 ­ Bosch starts production of gasoline injection pumps for

vehicle engines.

2000 ­ Bosch Logixx dishwasher introduced in Europe; debuts in

the U.S. in 2005.

1953 ­ Bosch begins production of hydraulic equipment; debuts

in the U.S. in 1974.

2003 ­ Bosch introduces first-ever power tool in North America to

use a Lithium-ion battery.

1955 ­ Bosch introduces first diesel pump in the U.S. 1964 ­ Bosch dishwasher is launched; debuts in the U.S. in 1991.

2004 ­ Bosch Security Systems launches Blue Line Intrusion Detectors. 2005 ­ Bosch Power Tool Corp. launches the Dremel 300 Series

rotary tool.

7

8

Bosch North America

Automotive Technology

The Bosch Park Pilot system,

Automotive Technology

Key Figures 2005 $5.5 billion in sales 14,000 associates Over 30 locations Automotive Technology Product Areas Original Equipment Automotive Aftermarket Car Multimedia Key Original Equipment Product Areas Chassis Systems Body Electrical and Electronics Systems Powertrain (Gasoline and Diesel) Systems Automotive Technology is Bosch's largest business sector in North America, with sales of approximately $5.5 billion in 2005 and more than 14,000 associates working at over 30 facilities. Bosch is one of the leading automotive suppliers in North America. Since the opening of its first sales office in New York City in 1906, Bosch has transformed automotive technology with industry-leading innovations, such as diesel common rail systems, electronic stability control (ESC) and Park Pilot parking systems. In 1955, Bosch opened its first automotive technology office in Mexico and celebrated 50 years in 2005. Bosch's first automotive technology office in Canada opened in 1979.

using highly developed sensors, assists the driver in parking and maneuvering and can help prevent costly collision repair bills.

Innovative, market-first Bosch products include antilock brakes (ABS), traction and electronic stability control (ESC) systems, gasoline and diesel fuel-injection systems, and electrical and electronic systems and components. In 2005, Ford Motor Company introduced its plan to restructure its supplier system and reduce by half the number of suppliers it works with for key parts and components. Bosch was chosen as one of Ford's preferred suppliers. The Aligned Business Framework is an innovative bilateral agreement between Ford and its suppliers. It is designed to create a stronger, sustainable business model for all companies involved. Bosch's automotive systems are developed and engineered at technical centers throughout the U.S., including Farmington Hills, Mich.; South Bend, Ind.; and Waltham, Mass. Bosch test-track facilities are located in New Carlisle, Ind.; Flat Rock, Mich.; and Baudette, Minn.

Original Equipment

Bosch automotive systems and components are designed to increase passenger safety, improve fuel economy, reduce vehicle emissions, and provide driver comfort and convenience.

9

10

Bosch North America

Automotive Technology

The Integrated Air Fuel In 2005, Bosch continued to be a major chassis systems supplier for all North American vehicle manufacturers. To help the consumer better understand the safety benefits associated with ESC, Bosch implemented "ESCential," a special training program where dealership Bosch's ESC system helps reduce accidents by contributing to the stability of the vehicle and providing better handling. personnel can experience the ESC technology first-hand by driving vehicles through simulated emergency maneuvers. The program proved so successful that manufacturers have integrated "ESCential" into their regular dealership training programs. The Body Electrical and Electronics Division secured North American business contracts for its new "iBolt" system for tailored airbag deployment. The division continues to make progress in the door electronics sector through the successful development of innovative electronics for new original equipment manufacturer (OEM) applications, while increasing its window-lift motor market share. In 2005, Bosch launched its new generation Park Pilot system for the first time in North America. The system was launched on four new platforms. In support of its growing automotive business in North America, Bosch has begun construction of a new technical center located in Plymouth Township, Mich., just minutes south of Bosch's automotive headquarters in Farmington Hills. When completed, the technical center is slated to be occupied by the Body Electrical and Electronics Division. The new facility will sit on approximately 76 acres and will initially provide office and lab facilities for nearly 475 Bosch associates. The Powertrain Division continues to develop gasoline direct-injection systems for various North American vehicle manufacturers. Bosch obtained new business for six-speed automatic transmission control modules, fuel pump modules, electronic throttle controls, fuel injectors and Integrated Air Fuel Modules (IAFM). Bosch's small engine business has expanded to support the growing market. Bosch parts can be found not only on lawn mowers and generators, but also motorcycles, snowmobiles, and personal watercraft. Modules (IAFM) provided by Bosch allow for streamlined assembly at the customers' engine plant. The modules arrive pre-tested and require only six bolts to be fastened to the engine and only one electrical connection.

11

12

Bosch North America

Automotive Technology

Automotive Aftermarket

The Automotive Aftermarket Division carries the Bosch brand and quality message from the production line to the checkout line. Bosch Aftermarket supplies a wide variety of service parts for gasoline and diesel vehicles. Products Bosch ICONTM - OE bracketless technology for the aftermarket are distributed through a network of independent warehouses, program distribution groups, retail stores and specialty outlets, as well as the original Key Aftermarket Products Spark plugs Wiper blades Oxygen sensors Oil and cabin filters Alternators and starters Glow plugs Brake pads/rotors Fuel pumps Blaupunkt Speakers Receivers and changers Amplifiers Navigation Video Product highlights in 2005 included the launch of Bosch ICON

TM

The year 2005 also marked the introduction of the Professional Preferred Alternators/Starters program, applying OE engineering expertise to remanufactured and new aftermarket units that perform as well as or better than the originals. The Bosch Electric Gasoline Fuel Pump program saw continued growth in 2005, and the Premium Oil Filter program was expanded to offer full-line coverage. The Automotive Aftermarket Division received the 2005 Lincoln Silver Award for Progress Toward Excellence. The award recognizes the company's organizational strength and performance based on leadership, strategic planning, customer and market focus, information and analysis, human resources, and process management. In March 2006, the Bosch Group and MANN+Hummel entered into an agreement to acquire the Purolator filter business of ArvinMeritor, Inc. As a result, a joint venture company, Purolator Filters NA, LLC, was created in which Bosch and MANN+Hummel hold an equal share. The joint venture includes the Purolator operations that manufacture and distribute oil, air, fuel and cabin air filters. Blaupunkt, another aftermarket segment, produces more than five million car radios and 50,000 navigation systems worldwide per year. Combining cutting-edge innovation with great design, Blaupunkt delivers high quality receivers, amplifiers, speakers, in-car video and navigation systems. Blaupunkt successfully implemented a new distribution initiative that improves efficiency and product availability for consumers and retailers. Successful product introductions in 2005 included high-power Velocity speakers and amplifiers.

equipment sales (OES) channel.

wiper blades.

Bosch ICON brings the latest in OE bracketless wiper blade technology to the aftermarket. ICON's award-winning design, featuring fx dual rubber technology and dual precision-tensioned steel springs, delivers ultimate windshield-hugging, all-weather performance. The fx dual rubber compound in the ICON blade provides higher resistance to ozone and better heat-aging properties than Bosch's previous rubber compound.

13

14

Bosch North America

Industrial Technology

Rexroth Tightening Systems

Industrial Technology

Key Figures 2005 $1.2 billion in sales 3,100 associates Nearly 20 locations Industrial Technology Product Areas Automation Technology Production Tools Packaging Technology Automation Technology Hydraulics Electric Drives and Controls Linear Motion and Assembly Pneumatics Leading Rexroth products in 2005 included axial piston pumps for the hydraulic industry; VarioFlow Chain conveyor systems; IndraMotion MTX, a one-control platform for all CNC and general-motion control requirements in the machine tool industry; and the Tightening System 300 for the automotive industry. Bosch's North American Industrial Technology sector reported sales of approximately $1.2 billion in 2005. With more than 3,100 associates in nearly 20 locations, Bosch makes a strong impact in this sector with its automation and packaging technology.

incorporate innovative patented technologies like maintenance free components, digital data transmission, modular construction, and an unmatched one million cycle warranty.

Automation Technology

Bosch Rexroth develops leading drive and control technologies ­ both specialized and integrated ­ all from a single source. The Rexroth brand is the worldwide benchmark when it comes to drives, controls, and motion. Bosch Rexroth is positioned to be a key player in the medical and semiconductor manufacturing industries, which are projected to grow 10 percent or more per year. Bosch Rexroth is also at the forefront in the development of new energy-source technologies, including windmills that utilize hydraulic technologies and electric controls used in laser machines. After the successful completion of a two-year pilot project, Bosch Rexroth Canada was chosen to complete the modernization of the remaining locks of St. Lawrence Seaway's Welland Canal. The project is expected to be completed over the next five years. In October 2005, Bosch Rexroth acquired Nyquist Industrial Control. Nyquist designs and markets advanced electronic control systems for semiconductor manufacturing equipment, robotics machines, and factory automation.

15

16

Bosch North America

Industrial Technology

The Doboy PouchBossTM is

Production Tools

Bosch Production Tools began in Europe over 70 years ago. Now a global supplier of tools for production line assembly, service, and maintenance applications, Bosch Production Tools entered the North American market in 2002. Based on performance, price, and durability, Bosch has set the industry standard for cordless assembly tools in North America. Bosch production tools and assembly applications are utilized in the automotive, aircraft, and home appliance industries. Bosch Production Tools works closely with Bosch Rexroth to bring a complete range of assembly tools to the North American market. Together, Bosch Production Tools and Bosch Rexroth can provide a complete line of air, cordless and "smart" direct current electric tools for standard and safety-critical fastening applications. The ErgoSpin Smart Tool and new Bluetooth cordless tool are examples of how Bosch is improving customers' assembly processes while reducing equipment purchase costs and long-term tool ownership. Launched in 2005, the new BT-E.X.A.C.T. tools use Bluetooth wireless technology, enabling cordless tools to send data to a network of assembly plant computers. Bosch is the first manufacturer in the world to develop a cordless assembly tool that can provide accurate information on the assembly line and stop the line if a screw is incorrectly installed or omitted. These unique capability tools make the assembly process more efficient and change the way products are manufactured.

the newest addition to Doboy's line of automatic baggers. It is designed to package free-flowing items such as chicken nuggets, drummies and wings, dry pet food, and many lawn and garden products using pre-made pouches, including those with zippers.

Packaging Technology

Specializing in packaging products for the pharmaceutical, food, and confectionery industries, the Bosch Packaging Technology Division is a market leader, producing highly efficient and high-quality packaging equipment. Bosch is a world leader in confectionery processing equipment and is well known for its wide range of processing and packaging solutions. Bosch Doboy, a business unit of Bosch Packaging Technology, increased its market position as a single source supplier with the continual growth of its complementary product line. With the full range of Doboy products and capabilities, customers can achieve a complete packaging production line. In 2005, successful high production volume products included the Stratus Horizontal Flow Wrapper, CBS-D Band Sealer, Model 7510 Carton Former, and the Presto Robot, which focuses on collating products during the pick-and-place process.

17

18

Bosch North America

Industrial Technology

The Bosch GKF capsule-filling In a survey conducted by Food Processing magazine, readers ranked Doboy as the number one packaging equipment supplier. Bosch Packaging Services, formerly Sigpack Services, currently leads all in-field service work and spare parts Bosch's Ritz slug loading and wrapping machinery is one leg of a three-leg assembly provided to Kraft Foods. Bosch also provided a complete vibratory infeed and distribution system. The Services Division successfully migrated the Doboy and Tevopharm service segments into Bosch Packaging Services and had a strong parts and modernization business with four large projects from three top customers. The Pharmaceutical Division's primary focus is on the aseptic filling processes, including sterilizing, filling, sealing, and inspection of parenteral drugs, as well as capsule filling, checkweighing, and blister packaging, all with complete end-of-line cartoning systems. The Food Division focuses on vertical/form/fill/seal (v/f/f/s) filling equipment. These machines handle free-flowing goods such as coffee, tea, rice, dry pet foods, and cereal. In addition, package maker machines for medium output and belt coaters for the confectionery industry are manufactured. distribution for Doboy, Swiss-based Sigpack Systems' North American customers as well as Sapal, Tevopharm, Rotzinger, Transver and Demaurex product brands. Bosch Packaging Services offers E-Portal, an online spare parts ordering program. In 2006, the Pharmaceutical Division is introducing a complete line of nested syringe-filling and inspection equipment. The division was also awarded a large project from a major pharmaceutical company for a new insulin cartridge line. Global manufacturing capabilities are extended, as this cartridge line has an identical Bosch twin in Italy. machine fills 3,000 capsules per minute. It is the fastest capsule-filling machine on the market.

19

20

Bosch North America

Consumer Goods & Building Technology

Consumer Goods & Building Technology

Bosch brings trusted and innovative products such as home appliances, power tools, security systems, and thermotechnology to residential and commercial buildings throughout North America. Bosch NiCad batteries offer 50% more charges With 2005 sales of $1.7 billion, the Consumer Goods and Building Technology sector employs nearly 5,500 associates at Key Figures 2005 $1.7 billion in sales 5,500 associates Over 50 locations Consumer Goods and Building Technology Product Areas Power Tools Security Systems Home Appliances Thermotechnology Power Tool, Lawn and Garden Brands Bosch Dremel Gilmour RotoZip Skil Vermont American more than 50 locations.

Professionals and do-it-yourselfers benefited from numerous 2005 new tool products and innovations. In 2005, Bosch BLUECORE NiCad cordless power tool batteries offered extended battery cycle-life with over 50 percent more charges over the life of the battery. The Bosch Bulldog Xtreme One-inch SDS-plus® rotary hammer became the industry's fastest and longest lasting hammer in its category. The one-horsepower Colt Palm Router is the first palm-sized router in the industry, boasting comfort and expanded productivity. In 2005, the Dremel 300 Series rotary tool was launched featuring a new design for improved comfort and balance. In 2006, Dremel introduces the Stylus Rotary Tool, Glue Gun, EZ Lock Mandrel system, and the Workstation rotary tool attachment. With products to grind, sharpen, cut, carve, sand, engrave and rout a variety of materials, Dremel brings innovation into workshops everywhere. Since inventing the high-speed rotary tool more than 70 years ago, Dremel is the trusted name in high-speed rotary tool technology, providing creative solutions for hands-on professionals, homeowners, craftspeople, and artists alike. Dremel's leadership in design and manufacturing has made it the top-selling rotary tool in the world.

Power Tools

Robert Bosch Tool Corporation is composed of industry-leading brands, including Bosch, Dremel, Gilmour, RotoZip, Skil, and Vermont American. Bosch designs, manufactures, and sells power tools, rotary tools, and accessories, as well as lawn and garden equipment. Renowned for innovation, versatility, ease of use, durability, and performance, Bosch tool products are sold through distribution channels. These channels include industrial supply houses, tool specialists, and rental firms, as well as retail hardware stores, mass merchants, and home improvement centers.

Gilmour sets the bar for creative gardening solutions with four full lines of innovative lawn and garden products. Focused on the gardener's needs, Gilmour makes pruning tools, tank sprayers, garden hoses, and other watering products that are efficient, effective, and easy to use. RotoZip is the pioneer and market leader in Spiral Saw® tools, accessories, and attachments. Founded by a drywall professional,

21

22

Bosch North America

Consumer Goods & Building Technology

The award-winning FCP-500 RotoZip has expanded over the years to provide cutting solutions for the wide variety of difficult materials found in residential construction. Skil is the world's largest manufacturer of circular saws, a product invented by Skil in 1924. Skil continually broadens its Skilsaw product line with a wide range of drills, jigsaws, and sanders for DIY use. Skil also brings new products to the market, such as the innovative SKIL iXO cordless palm-sized screwdriver, the first Lithium-ion battery screwdriver to be launched in North America. Series smoke detectors feature a Bosch exclusive design that allows them to disappear once installed. The unique detection technology virtually eliminates false alarms.

Security Systems

Bosch Security Systems is committed to ensuring the greatest security possible through innovative product and system design. As a full-line supplier of security products, the portfolio of Bosch Security Systems features a growing range of intrusion and access systems, motion detectors, and fire alarms. In addition, the company offers analog, digital and IP video systems, including CCTV, observation, digital recording, video switchers and control systems, surveillance cameras and monitors. In 2005, Bosch security products showed significant market growth, and many products earned national recognition. Award-winning products include the DinionXF Day/Night Camera, the FCP-500 Series smoke detectors, and AutoDome surveillance systems. There is a growing trend for security professionals to become more information technology (IT) savvy as IT professionals are beginning to integrate security products into pre-existing networks. Voice over Internet Protocol (VoIP) is becoming more popular when BSH continues its focus on environmentally friendly appliances that are both energy and water efficient for the upscale appliance market. Bosch Security Systems was honored with several product awards in 2005, including the Top Product Award from FacilityCare magazine for the FCP-500 Series and the Gold Product of the Year Award from Consulting-Specifying Engineer for the VideoJet 1000. dealing with products that need to send alarms to a monitoring station. Bosch has the products and knowledge to help customers transition to the technology of tomorrow.

Home Appliances

A joint venture between Robert Bosch GmbH and Siemens AG, BSH Home Appliances is the third largest appliance manufacturer in the world. In North America, its products include laundry systems, dishwashers, refrigerators, ovens, cooktops, ranges, ventilation, small appliances, and vacuums marketed under the Bosch, Siemens, Thermador, and Gaggenau brands.

23

24

Bosch North America

Consumer Goods & Building Technology

Bosch tankless water Once again, Bosch's world-class appliances lead the way in performance, consumer convenience, and environmental efficiency. In 2005, Bosch's highly efficient NexxtTM Laundry Care System became one of 11 winners of Home magazine's American Kitchen & Bath Awards, and the energyThe high-efficiency Bosch Nexxt

tm

heaters apply the on-demand principle: When the water tap is opened, cold water is heated as it passes through the machine. In other words, the water heater only operates when hot water is actually needed.

conscious IntegraTM Vision dishwasher received an Honorable Mention in its category for the Woman's Day Kitchen & Bath Awards. Another major-impact product was the Benvenuto automatic coffee machine, which grinds coffee beans and brews coffee within seconds. In a union of style and sustainability, premium Bosch home appliances were incorporated into the first show home of the Glidehouse, a new prefabricated "green" housing option that is available to consumers nationwide and in Canada. The show home, located on Vashon Island off Seattle, Wash., is open to consumers, architects and designers interested in learning more about the cost-effectiveness of modular housing and energy efficient resources, including Bosch ranges, dishwashers, laundry, and other appliances. Using tankless design, water is heated instantly, and only for as long as hot water is being used. In 2005, Bosch introduced a new line of tankless gas water heaters especially designed for outdoor installation and use in warmer climates, such as the Southeastern and Southwestern United States. As energy costs continue to rise, North American consumers' interest in alternative water heaters continues to grow. Bosch, one of the market's leading distributors of tankless gas water heaters, is redefining how homeowners in the United States and Canada heat water.

washer

combines sensorcontrolled wash cycles and precise temperatures to produce the perfect wash. With its SENSOTRONIC Plustm system, the Nexxttm washer digitally monitors and maintains water temperatures for 15 different programs.

Thermotechnology

Within the last year, Bosch acquired Vermont-based Controlled Energy Corporation (CEC), the North American distributor of Bosch water heaters. Later in the year, CEC and Bosch-owned Buderus Hydronic Systems merged to form BBT North America Corporation. The new entity will continue to lead the market with innovative and value-added products designed for comfort and efficiency in the American household, sold under the Bosch and Buderus brands.

25

26

Bosch North America

Research and Development

Engineers for Bosch RTC use

Research and Development

To sustain its presence as a leading technology and services company, the Bosch Group continues to invest heavily in research and development every year. The company preserves its competitiveness through the development of innovative, Stanford University graduate students work with Bosch RTC engineers at Stanford University's labs on developing Homogeneous Charge Compression Ignition (HCCI) engine technology. HCCI is an improved way of engine combustion that promises improvements in efficiency together with near zero emissions of certain smogproducing pollutants. value-added products that enhance the quality of life. Bosch saw an increase in research and development expenditure. The share of sales spent on R&D globally came to 7.4 percent. In automotive technology, this share was 9.6 percent.

virtual reality technology to prototype information presentation for future automotive applications.

Ongoing research projects range from human-machine interface topics, software engineering methods and wireless networks, to mixed-signal integrated circuit design, micro-mechanical sensor and actuator technologies, and environmentally friendly combustion concepts. Bosch RTC engineers work in close collaboration with top American universities, including Stanford University, University of California at Berkeley, University of Southern California-Viterbi School, Carnegie Mellon University, as well as top Canadian universities, such as University of Toronto.

Patents

Bosch's leadership in innovation is illustrated by the number of patents issued to the company. In the United States, Bosch has been issued 5,917 patents and remains the leader in the automotive field.

Research Technology Center

The Bosch Research and Technology Center North America (RTC) has locations in Palo Alto, Calif. and Pittsburgh, Pa. Founded in 1999, RTC is part of Bosch's worldwide research and development network. Bosch RTC works diligently to ensure innovations are leading and beneficial for the local market and customers. Being at the forefront of innovation, RTC attracts new talent from the nation's ten top-ranked graduate engineering schools.

27

28

Bosch North America

Locations

Divisional Headquarters

Automotive Original Equipment (OE)

Farmington Hills, Mich.

Automotive Aftermarket

Broadview, Ill.

Power Tools

Mount Prospect, Ill.

Home Appliances

Huntington Beach, Calif.

Packaging Technology

Brooklyn Park, Minn.

Production Tools

Mount Prospect, Ill.

Bosch Rexroth

Hoffman Estates, Ill.

Security Systems

Fairport, N.Y.

Automotive Technology Industrial Technology Consumer Goods & Building Technology

Thermotechnology

Londonderry, N.H.

29

30

Bosch North America

Bosch Heritage

Carnegie Bosch Institute,

Bosch Heritage

Bosch in North America is part of the Bosch Group, headquartered in Stuttgart, Germany. The company founder, Robert Bosch (1861-1942), gave the company his name and created many of the values the company follows today. For him, success Robert Bosch (1861 ­ 1942) not only meant economic growth, but also improvement of living and working conditions. Today, the Robert Bosch Stiftung in Stuttgart, Germany, a non-profit foundation that holds 92 percent of the share capital of the company, carries on the philanthropic and social endeavors of the company's founder. It is part of the company's tradition that the foundation uses the dividends it receives exclusively for socially beneficial purposes.

Pittsburgh, Pa., at Carnegie Mellon University's Tepper School of Business, was founded in 1990 through a major endowment gift by Robert Bosch Corporation.

Bosch also has a long tradition of developing young talent. The Bosch apprentice programs in several of our manufacturing facilities in North America, for example, provide company-sponsored technical training to associates. This allows associates to learn new skills to manufacture high-quality products, as well as the opportunity to advance their careers at the company.

Carnegie Bosch Institute Continuing the Tradition in North America

Bosch continues this heritage in North America by giving back to the communities it serves with active involvement in charitable giving and community service. Bosch takes pride in its associate volunteerism. In 2005, Bosch and its associates pledged more than $560,000 to support hurricane relief efforts in the Gulf States region. In addition to research collaborations with Carnegie Mellon University, the Carnegie Bosch Institute for Applied Studies in International Management represents a unique alliance between Bosch and the University's Tepper School of Business. Founded in 1990 through a major gift by Robert Bosch Corporation, CBI's mission is to improve international management by enhancing the knowledge and performance of managers and executives in global operations and by stimulating relevant academic research. Carnegie Bosch Institute stages international conferences, workshops, and executive forums annually.

31

32

Bosch North America

Bosch Values

Values stand for what is

The Bosch Values

Future and Result Focus

In order to ensure dynamic development of our company and to guarantee long-term corporate success, we participate in shaping the changes in markets and technologies. By doing so, we provide our customers with innovative solutions and our associates with attractive jobs. We are results focused in order to secure growth and financial independence. With the dividends generated, the Robert Bosch Foundation supports charitable activities.

important for people. They stand for what they value. And not only people have values, but also companies. Values are especially important whenever people or companies are undergoing a process of change.

Responsibility

We accept that our actions must accord with the interests of society. Above all else, we place our products and services in the interests of the safety of people, the economic use of resources, and environmental sustainability.

Fairness

We view mutual fairness as a condition of our corporate success when dealing with each other and with our business partners.

Reliability, Credibility, and Legality

We promise only what we can deliver, accept agreements as binding, and respect and observe the law in all our business transactions.

Initiative and Determination

We act on our own initiative, with an entrepreneurial but accountable spirit, and demonstrate determination in pursuing our goals.

Cultural Diversity

We are aware of our company's regional and cultural origins and at the same time regard diversity as an asset, as well as a precondition of our global success.

Openness and Trust

We inform our associates, business partners, and investors in a timely and open fashion of important developments within our company. This is the best basis for a trustful relationship.

33

34

For additional copies contact: Robert Bosch Corporation 38000 Hills Tech Drive Farmington Hills, Michigan 48331 Attention: RBNA/COM

www.bosch.us

May 2006

Information

RBC-101-06 (printer file).indd

19 pages

Report File (DMCA)

Our content is added by our users. We aim to remove reported files within 1 working day. Please use this link to notify us:

Report this file as copyright or inappropriate

466250


Notice: fwrite(): send of 196 bytes failed with errno=104 Connection reset by peer in /home/readbag.com/web/sphinxapi.php on line 531