First Sino-Foreign Joint Veture Research Center Established in Binhu District, Wuxi

Resource from: CBCC Likes:2899

Jun 28,2010

On May 21st, 2010, Binhu Industry and Commerce Administration has issued the business license of legal entity for a research center with the register No. of 320200400034268. The full name of this research center is JTEKT Technology Research Center (Wuxi) Co., Ltd. with the total investment of 6 billion yen and the registered capital is 2 billion yen. This company is the third technology research center of Japan JTEKT Technology Center of Toyota Group established in China after the establishment of its technology center in USA and Europe. After the company is established, it will do technology research and product development based on the latest technology of Japan JTEKT; through the product scheming(market investigation and measurement standard) and technology scheming of bearings, steering devices, driving devices, auto parts, general industrial machinery parts, machine tools, oil seals and electronic components, etc. , the relevant technical support for volume production products, design, trial manufacturing, test, evaluation, research technology and product transfer, the company can accomplish the sales income of 1.425 billion yen with the annual profit of 112 million yen. It is about three years for the company to call in the investment.

(CBCC)

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