Bosch to expand its power tool plant in N.C.

Bosch Power Tools announced further expansion of its manufacturing in North America through a planned $130 million expansion of its site in Lincolnton, North Carolina.

The site supports manufacturing of power tool accessories as part of its consumer goods business sector. The expansion will create 400 new jobs over the next five years, said the firm.

“We aim to provide local-for-local solutions to support our businesses and the expansion for Power Tools in Lincolnton is further evidence of our commitment to develop local manufacturing here in the region,” said Mike Mansuetti, president of Bosch in North America.

The site expansion is expected to last 24 months, said the company, and will add more than 325,000 square feet to the facility.

The expansion includes space for new manufacturing as well as logistics and warehousing to support manufacturing.

The project will be supported by a Job Development Investment Grant (JDIG) approved by the state of North Carolina’s economic investment committee, said Bosch. Lincoln County also provided local support in the form of tax abatements.

In addition, the customized training program available through the North Carolina Department of Commerce will provide skill development opportunities through a network of community colleges across the state.

The Lincolnton site, said the firm, which has been in operation since 1960, produces a wide range of power tool accessories for products including saws, drills and routers.