Bosh, the German multinational engineering and electronics company, has announced it is to install a new production line to manufacture heat pumps at its thermotechnology facility in Aveiro, creating 300 jobs.
The company plans to open the new manufacturing line in two phases, investing a total of €12 million ($12.5 million), with production commencing in the first half of 2023. The line will allow Bosch to manufacture external units for both air and ground source heat pumps, in addition to the internal units it already produces.
Bosch said it hope to initially produce 150,000 units per year, rising to 400,000 in the medium term.
Heat pump technology is based on the thermodynamic cycle of vapour compression through the use of refrigerant gases. This cycle allows the heat pump to create more energy than it consumes, making it more efficient than traditional electric heating appliances.
Commenting on the move, Jónio Reis, head of Bosch’s Aveiro operation, said: “This excellent news not only for our Aveiro unit, but also for the region and the wider economy. It means more production capacity and more jobs, and, more importantly, a leading role for Bosch in Aveiro in the future of heating and thermotechnology solutions”.