Robert Bosch Tool Corporation North American sales rose 6.2% to 15.2 billion euros; adjusted for exchange rates, that represents 8% growth year over year. RBTC is forecasting a slight improvement in the consumer goods markets this year after two years of global constraint. RBTC expects their own business to stabilize due to innovations and Bosch’s expanding international footprint. Bosch is not expecting any economic tailwinds in 2024 but their outlook is subdued, based on the current state of the global economy. They are projecting just 2.3% global economic growth along with stagnating vehicle production and continued weakness in the mechanical engineering market. Stanley Black & Decker This year, 70 organizations will receive a combined $3.3 million from SB&D’s Grow the Trades Fund to fund training that leads to certification in concrete, mechanical, finishing and pipe trades, among others. Winners span 19 states, the District of Columbia, and Europe, with funds supporting people seeking careers in the trades including transitioning military, women, and those in underserved communities. Recipients were selected via a competitive application process based on their trades-focused initiatives. © Robert Bosch Tool Corporation. All rights reserved, no copying or reproducing is permitted without prior written approval.
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