Opening Ceremony of Changzhou CRONOS Special Bearing

Resource from: CBCC Likes:2924

Oct 31,2008

The opening ceremony of Changzhou CRONOS Special Bearing Manufacture Co., Ltd was reportedly held in Wujin Economic Development Zone on the morning of Sep 17, 2008, which was mainly invested by a Spain Company, the second largest bearing distributor in Spain. With a total investment of 1,000,000 US dollars, CRONOS will mainly focus on the production, machining and sales of precision bearings and bearings for various kinds of key machines. The annual capacity is expected to be 2 million sets and yearly sales of RMB 200 million yuan. Changzhou CRONOS Special Bearing Manufacture Co., Ltd is a joint venture, which locates in Changzhou City, well-known in China as the city of rice and fish. The company was established in 2006 with a registered capital of 6 million USD. The main products are all kinds of cylindrical roller bearings，spherical roller bearings and different kinds of precision needle bearings.

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