$40 million development represents the single largest investment by the Bosch Group in Australia since 1954 The global supplier of technologies and services inaugurated its new headquarters and technical centre at its 120000 square meter Clayton campus in Victoria last night. The $40 million development has been marked asthe single largest investment by the Bosch Group in Australia since the company established its wholly owned subsidiary in 1954. Opening of the new building at the Bosch Clayton Campus in Melbourne. Wednesday 20th April 2016. The Victorian Minister for Industry and Minister for Energy and Resources the Hon Lily DAmbrosio MP inaugurated the newly redeveloped facilities. Boschs commitment to this project represents a great vote of confidence in the underlying strength of Victorias economic fundamentals said Minister DAmbrosio. It is a special day for us said Gavin Smith Bosch President with responsibility for the region Oceania. The new facility is evidence of Boschs long-term commitment to diversified activities in this region including sales and distribution high tech engineering advanced manufacturing and further investment into exciting new fields. The company announced an additional $6.2 million will be invested into manufacturing for the global automotive sector which will support approximately 200 engineers predominately working on projects for international automotive customers..The Clayton facility will increase Diodes production capacity to support growth with international customers. The Federal Government has contributed AUD $1 million from the Automotive Diversification Programme (ADP). The Hon Lily DAmbrosio MP Minister for Industry at the opening of the new building at the Bosch Clayton Campus in Melbourne. Wednesday 20th April 2016. Australia is an important location for the Bosch Group. We have seen a positive development of our business in 2015 and we are confident of the markets long-term prospects said Peter Tyroller member of the board of management of the Bosch Group responsible for Asia Pacific. The new facility which incorporates offices workshops testing facilities training rooms and employee amenities is aimed toreflect the diversified nature of Bosch business in Oceania. The new facility is evidence of Boschs long-term commitment to diversified activities in this region including sales and distribution high tech engineering advanced manufacturing and further investment into exciting new fieldssaid Minister DAmbrosio. Australian Manufacturing