Bosch opens 1st one-stop shop in Philippines
BOSCH Philippines recently opened its first one-stop shop for power tools in the country, as it anticipates robust demand for construction technology solutions amid the government’s massive infrastructure program.
“The government’s aggressive infrastructure efforts coupled with the rise of opportunities in the construction segment has led Bosch to step up in providing the most efficient solutions to serve the thriving market. The One Stop Shop is Bosch’s answer to the rising interest of construction tools and accessories from do- it-yourselfers ( DIYers) and professional contractors,” Bosch Philippines Power Tool Country Sales Director William Go was quoted as saying in a statement.
The one- stop shop, located beside Bosch Philippines’ first authorized dealer Panda Construction Supply, Inc. in Quezon City, is intended to serve end-users in need of specialized heavy duty tools and related accessories in the National Capital Region.
Bosch is planning a second shop in Davao by the second quarter of the year.
“This new venture enables us to take active participation in this exciting time in the infrastructure industry,” Mr. Go said.
Bosch Philippines maintained its bullish outlook since last year, banking on the big-ticket infrastructure projects lined up until 2022.
For its fiscal year in 2016, Bosch reportedly saw a 13% growth, reaching $56 million in total sales. —