Groundbreaking of new project in C&U production-teaching-research base park (pic)
Wuhu Zhile Bearing Co., Ltd announced on August 14 the start of phase I plant construction included in its Automotive Bearing Project, the second project in C&U production-teaching-research base park following the completion and operation of the first project "Precision Industrial Bearing Project" also owned by the company.
Hu Longliu, CEO of C&U Group, Long Shaosheng, general manager of Anhui Pifu Bearing Co., Ltd., Li Jun, chairman of Wuhu Zhile Bearing Co., Ltd., Ji Changying, general manager of Wenzhou Mute Bearing Co., Ltd., Song Zelin, project principal, leaders of Bank of China and other relevant financial institutions attended the project groundbreaking ceremony.
Wuhu Zhile Bearing Co., Ltd is co-founded by Anhui Pifu Bearing Co., Ltd. and Wenzhou Mute Bearing Co., Ltd.
Aiming at high-end market, the project is to produce bearing products at the world advanced level.
Once completed, it is predicted that 264 million sets of high precision automotive bearings will be produced annually, for applications including automotive starter motors, auto transmissions and auto air conditioning compressors, etc.
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