118m Yuan Build Zhongguan Bearing

Resource from: cbcc-yinx Likes:2939

Apr 03,2007

118m Yuan Build Zhongguan Bearing Zhejiang Zhongguan Bearing Co.,Ltd has put into production on a trial basis in March. At present, the company has employed over 150 people. Zhongguan Bearing, located in Baishi country, is financed by investor from Hangzhou city. With total investment of 118 million yuan, the company specialized in producing bearings. Despite the uncompleted office building, staffs have been busy working in the workplace that covering an area of 10,000m2. In order to expedite the formal operation, construction of the company began in last September. Besides, great support by local government make sure that the construction and facilities mounting work can be finished in just 5 months. According to the company, they plan to build three assembly lines. One is bearing parts turning line, with annual output of 3.6 million; another is deep groove ball bearing line, with annual output of 7.2 million; the last one is to produce tapered roller bearing, with annual output of 7.2 million. Currently, Zhongguan Bearing only carrys out milling, mounting, cleaning works, using bearing rings and forging parts supplied by bearing makers in Changshan. The company is striving for an annual output value of 30 million yuan.

(cbcc-yinx)

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