HRB Laid Foundation for New Plant in Dalian

Resource from: CBCC Likes:2919

Aug 03,2009

Harbin Bearing Manufacturing Co., Ltd. laid the foundation stone for its new plant in Dalian at the Center Industrial Park, Development Zone in Dalian, Liaoning Pro. Covering an area of 43,000 square meters, the new plant projects a total investment of 163 million yuan(approx. 24 million US dollars). Supported by Harbin Bearings' national-level technology center, the new facility aims to fully replace imported products to accelerate China's bearing industry. The annual sales income and total pre-tax profits are expected to reach 2 billion yuan(approx. 29.3 million dollars) and 3700 million yuan(approx. 5.4 million dollars) respectively when the new plant comes into production.

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