China: NTN Will Establish Joint Venture With Changzhou Guangyang Corporation

Resource from: CBCC Likes:3020

Nov 10,2003

NTN and Changzhou Guangyang company announce that they would establish Changzhou NTN Precision Bearing Co., Ltd to produce auto bearing, and set bearing technology research center for designing, development and experiment. Cheng Shangnan ,CEO of Changzhou Guangyang company said the new company would produce needle bearing, clutch bearing, cylinder roller bearing . NTN would combines its advanced technology and management with Koyo’s brand and sales network to produce high quality auto bearing and to improve international competitive capacity. 　　 NTN, which founded in 1918, has established joint ventures in Guangzhou, Shanghai, Zhejiang, Changzhou Guangyang is its 4th cooperation corporation. 　　 Changzhou Guangyang Co. can produce 30,000,000/year, its output of auto needle bearing, cylinder roller bearing ,clutch bearing is No.1 In China .

(CBCC)

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