According to reports, the Korean subsidiary of Bosch Group has announced that it plans to spend 62 billion won (about 60.6 million US dollars) to expand its business. According to reports, the funds invested will be mainly used for Bosch South Korea's Daejeon plant, and will increase the output of diesel direct injection and gasoline direct injection products. Bosch hopes to consolidate its business in South Korea through this investment and achieve double-digit growth this year. Hermann Kaess, CEO of Bosch Korea, said that the latest round of investment will help the company strengthen its core business while expanding into new business areas. Bosch expects the sales of diesel-powered vehicles to increase, while the demand for fuel-efficient cars is also rising. This investment will help the company meet the demand in this area, and at the same time promote the long-term growth of Bosch's business in Korea. Spraying Powder Booth,Large Powder Coating Booth,Benchtop Powder Coating Booth,Powder Coating Paint Booth Foshan Meitu Machinery Equipment Co., Ltd , https://www.meitumachinery.com