Luoyang Ganga Bearing Company Will be Online in July

Resource from: CBCC Likes:2907

May 25,2009

Invested by Fujian Changle Zhongyuan Bearing Forging Co., Ltd, Luoyang Ganga Bearing company will be completed in July, 2009. With the investment of RMB 45 million in the first period program, the new facility will produce 5 million sets of bearings yearly when it comes online. The production value and revenue are expected to reach RMB 30 million and RMB 5 million respectively. The second program will cost RMB 80 million. The production value and revenue are expected to reach RMB 100 million and RMB 8 million respectively.

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