Good News in History September 23
165 years ago today, Robert Bosch,
founder of the corporation Robert Bosch GmbH, was born in Ulm. One of
the most important German industrialists of the 19th and 20th centuries,
Bosch and the engineers at his company pioneered the high-voltage
magneto ignition system that created the first commercially-viable spark
plug for internal combustion engines. Bosch launched other automotive
innovations like diesel fuel injection, and by 1927 was present on every
continent. One of the most responsible companies in Germany, Bosch
introduced the 8-hour workday and other early employment benefits, while
donating all the proceeds from the lucrative munitions contracts he
received from weapons manufacturing in WWI to charity. The company today
is worth $91 billion, and is the world's largest automotive parts
manufacturer. READ more about the man behind this famous brand... (1861)
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