Cixi Bearing Industry Speeds up the Transformation and Upgrading

Resource from: CBCC Likes:2932

Aug 13,2010

Bearing industry is a traditional industry in Cixi city. In rencent years,the number of equipment investment and technological transformation in the whole industry is very large ,the quality grade of bearings continues upgrading.In the first half of this year ,the bearing sales revenue in Cixi city was up to 2.47 billion yuan, which increased 56.8% over the same period of last year , and net profit was up to 122 million yuan , which iincreaseed422% compared that in the same period of last year. As the largest enterprise in the city ，China Huanchi Bearing Group invests more than 30 million yuanannually , which reduces staff and improves the bearing quality. The domestic famous enterprises including Wanxiang Group and C&U Group come to inspect the company one after another. The technical innovation of bearing enterprises promotes the development of supporting enterprises. The bearing enterprises including Cixi Ningbo Santong Machinery Co,.Ltd , Shanghai Donghuang Automation Equipment Co,.Ltd and Wuxi jiangchen Automation Equipment Co,.Ltd have developed rapidly in recent years ,and formed the situation of complementary chain.

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