THK Plans 20 Million Dollars Capital Increase in China

Resource from: CBCC Likes:2898

Apr 07,2009

THK has planned to expand its China presence this year, with a new investment of US$20 million in its China subsidiary based in Dalian, according to Akihiro Teramachi, President and CEO of THK. Opened in 2005, registered capital of THK (China) will expand to US$ 172 million with the latest investment. The company supplies precision linear motion guides, ball splines, ball screws, cross roller rings. With the expansion plan, THK expected to strength its position in the Dalian market and therefore in China at large.

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