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Despite those impressive figures, production looks set to rise significantly with a new manufacturing facility in Bulle, which is set to open in 2029 and was first announced in 2022. Bulle is a small municipality in the district of Gruyère, situated in the canton of Freiburg.
The watch behemoth is opening three temporary production sites in Switzerland and a billion-dollar factory to churn out more luxury wrist candy.
Rolex’s closure for 45 days already represents over 12% of the current year’s manufacturing time lost to Covid-19. Reopening may be days away, but government . Despite those impressive figures, production looks set to rise significantly with a new manufacturing facility in Bulle, which is set to open in 2029 and was first announced in 2022. Bulle is a small municipality in the district of Gruyère, situated in the canton of Freiburg.
The watch behemoth is opening three temporary production sites in Switzerland and a billion-dollar factory to churn out more luxury wrist candy. Rolex’s closure for 45 days already represents over 12% of the current year’s manufacturing time lost to Covid-19. Reopening may be days away, but government-recommended security measures at the facilities will mean reduced production capacity for many more weeks; possibly months. Outside of Rolex sharing what the new Bulle facility will look like, we don’t really have any more information today than we had in 2022. The plan is still to open the new complex in 2029, which means we’ll have to wait at least another five years to see what kind of impact it has on the market. The 100,000-square-foot Bulle facility will feature four production buildings connected by a central building and employ 2,000 workers, amounting to over 20 percent of Rolex’s Swiss.
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Now, Rolex is backing up their position that they really do want to put a watch on your wrist with the announcement of new and even temporary production facilities. What does this mean for watch lovers? How and when is Rolex boosting production? Rolex is reportedly building a new production site in Switzerland, which may be good news for collectors trying to finally get a piece in hand. Rolex has reopened its headquarters and production sites in Switzerland, the company confirmed to WatchPro today, after all security measures recommended by the Swiss government had been put in place to ensure the safety of employees.
Rolex is rapidly ramping up its manufacturing capacity by opening both temporary and permanent facilities in Switzerland. The company revealed last year it is investing over billion in a major new factory in Bulle, within the Swiss canton of Fribourg. The luxury Swiss watch brand Rolex hopes to invest in a new production site at Bulle in western Switzerland that should result in 2,000 new jobs. Despite those impressive figures, production looks set to rise significantly with a new manufacturing facility in Bulle, which is set to open in 2029 and was first announced in 2022. Bulle is a small municipality in the district of Gruyère, situated in the canton of Freiburg.
The watch behemoth is opening three temporary production sites in Switzerland and a billion-dollar factory to churn out more luxury wrist candy.
Rolex’s closure for 45 days already represents over 12% of the current year’s manufacturing time lost to Covid-19. Reopening may be days away, but government-recommended security measures at the facilities will mean reduced production capacity for many more weeks; possibly months. Outside of Rolex sharing what the new Bulle facility will look like, we don’t really have any more information today than we had in 2022. The plan is still to open the new complex in 2029, which means we’ll have to wait at least another five years to see what kind of impact it has on the market. The 100,000-square-foot Bulle facility will feature four production buildings connected by a central building and employ 2,000 workers, amounting to over 20 percent of Rolex’s Swiss.
Now, Rolex is backing up their position that they really do want to put a watch on your wrist with the announcement of new and even temporary production facilities. What does this mean for watch lovers? How and when is Rolex boosting production? Rolex is reportedly building a new production site in Switzerland, which may be good news for collectors trying to finally get a piece in hand.
Rolex has reopened its headquarters and production sites in Switzerland, the company confirmed to WatchPro today, after all security measures recommended by the Swiss government had been put in place to ensure the safety of employees. Rolex is rapidly ramping up its manufacturing capacity by opening both temporary and permanent facilities in Switzerland. The company revealed last year it is investing over billion in a major new factory in Bulle, within the Swiss canton of Fribourg.
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