FARMINGTON HILLS, Mich. , April 21 /PRNewswire/ -- The Bosch Group
increased its sales in North America in 2007 by seven percent to
"Overall, 2007 was a successful year for the Bosch Group," said Peter Marks , chairman, president and CEO, Robert Bosch LLC and member of the Board of Management, Robert Bosch GmbH. "Despite economic circumstances in the U.S. and weakness in the automotive and housing sectors, Bosch was able to realize sales growth in North America over the previous year. Part of this growth was achieved externally. 2007 acquisitions, including Health Hero Network, which marked Bosch's entry into the remote health monitoring arena, and our expansion of automotive components and remanufactured parts, in surveillance systems and in leveling-laser tools reflect Bosch's continued commitment to further grow sales in the Americas region."
Bosch's North American Automotive Technology sector saw a sales increase
of six percent to
Bosch remains focused on long-term profitability and growth, and continues to invest in innovation, as evidenced by the opening early 2007 of a new technical center in Plymouth Township, Mich. that houses research and development as well as engineering space for its automotive electronics, starter motors and generators, and electrical drives divisions.
Bosch's brakes business in the Americas received a significant boost through the acquisition of Delphi Corporation's brake components business in Saltillo, Mexico as well as a 75.3 percent stake in Australia -based Pacifica Group, a leading manufacturer of brake calipers, parking brakes and brake components. The acquisition of Holger Christiansen in Denmark bolstered Bosch's leadership in remanufactured automotive parts for the aftermarket.
The Industrial Technology sector in North America registered a sales
increase of four percent to
Consumer Goods and Building Technology
The Consumer Goods and Building Technology business sector registered
North American growth of 13 percent over the previous year, with revenues in