The story began in 1795 when Georg Ludwig Rexroth launched the water-driven forge for iron production in the Spessart mountains in Germany. Rexroth founded what now is one of the oldest technology companies in the world. Part of the Bosch Group today, Bosch Rexroth AG's drive and control technologies are used by mechanical and plant engineering partners around the world. The company boasts approximately 31,000 employees, in more than 80 countries.
"Over the past 225 years, Bosch Rexroth has seized the opportunities offered by technological advances, turned them into innovations and adapted its business model to them,” said Rolf Najork, managing director of Robert Bosch GmbH with responsibility for the industrial technology division, and CEO of Bosch Rexroth AG.
The company was established during the French Revolution and at the start of the industrial revolution. The Rexroth family led the company through turbulent times and, when it took over an iron foundry, moved the company headquarters to Lohr am Main in 1850, where it remains to this day. Rexroth achieved a breakthrough at Hannover Messe in 1954 when it presented the first products from its new line of business – hydraulics. Later on, this is followed by electric drives and control systems, mobile electronics as well as linear motion and assembly technology. In 1975, Rexroth became part of Mannesmann AG. Following the merger with Bosch Automationstechnik, it has been part of the Bosch Group since 2001.
"We know from our 225-year company history how important sustainable growth is,” said Najork. "We develop all new solutions with a view to improving the energy efficiency of the machines and systems equipped with them and helping our customers to achieve economic success." Earlier this year, Bosch Rexroth achieved its goal of CO2 neutrality when manufacturing all its products.
In 2019, Bosch Rexroth invested 348 million euros in research and development. In October 2020, the company celebrated the topping out of the second building for its Customer and Innovation Center in the German city of Ulm. The company says everything there revolves around the future – the company plans to develop new digital business ideas, system solutions and services and work with partners on specific customer projects. The new building will house a model factory for Industry 4.0 solutions. There will also be laboratory and workshop areas, office, seminar and training rooms and an exhibition room. The company is currently expanding in Africa and opened a new site in Egypt this year.
"Our origins and history are important, but a successful history isn’t enough to take you to future success," said Najork. "Thus, we’re moving into the future with confidence and we’ll shape the company’s third century through innovations."
Source: controldesign.com
