From Creamer Media in Johannesburg, this is the Real Economy Report.

Sashnee Moodley:

The Rexroth HUBB, in Kempton Park, was officially inaugurated in October, with this 16 000 m² central hub housing the Bosch Rexroth South Africa group of companies, formerly the Hytec Group. Tasneem Bulbulia tells us more.

Tasneem Bulbulia:

Six group companies – Hytec, Tectra Automation, Hytec Services Africa, HYSA, Hagglunds and Bosch Rexroth Africa – completed their relocation to this new facility in mid-June.

The facility now encompasses centralised production, training facilities, engineering, sales and support offices, and bears the acronym HUBB – Hytec Unified by Bosch.  Bosch Rexroth South Africa CEO Tillmann Olsen elaborates.

Bosch Rexroth South Africa CEO Tillmann Olsen:

Tasneem Bulbulia:

Sharing the premises with Bosch Rexroth’s South African product development and support division underlines the Hytec group and Bosch Rexroth partnership of more than 50 years. The premises also increases the proximity between Bosch Rexroth’s research and development and manufacturing centres in Germany, and its 40 branches across Africa.

The hub will also facilitate and enhance the company’s services and support to the continent, which is considered a significant market for growth. Department of Trade and Industry Director-General Lionel October commended the new facility.

Department of Trade and Industry Director-General Lionel October:

Tasneem Bulbulia:

The R200-million HUBB is strategically located in close proximity to the OR Tambo International Airport.

This consolidated facility will allow the company to reduce the amount of intralogical transactions, thereby streamlining its handling efficiency to supply its technology to market with increased speed.

Sashnee Moodley:

That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.