Notice regarding Agreement of Joint Management for Hakui Maruzen
NTN Corporation (Headquarter: Osaka City, Osaka Prefecture, President: Hiroshi Ohkubo, hereafter, NTN), Marubeni Itochu Sumisho Techno Steel Inc. (Headquarter: Chiyoda Ward, Tokyo, President: Jiro Nakano, hereafter, MISTS) and Mitoe Taira (President of Hakui Maruzen Co., Ltd. (hereafter, Hakui Maruzen, Headquarter: Ishikawa Prefecture)) had an agreement of joint management for the business of Hakui Maruzen.
Due to this agreement, NTN will transfer a part of shares to MISTS after completion of getting authorization by competent authorities. Mitoe Taira holds a part of the shares and will be reappointed to the president on January 1, 2019.
Hakui Marizen, which has the brand of “Taira Forging®,” is highly competitive in global market in reducing both environmental impact and cost. It is realized with minimum use of material in utilizing the forging technology called “near-net shape” and own-developed rolling mills and molds.
With the reappointment of Mitoe Taira, Hakui Maruzen will work on succeeding its technology and the founding spirit which has been cultivated for 50 years from its foundation and realize the expansion of manufacturing and sales in global market and improve the competitiveness.
MISTS has been selling the forged rings for many years utilizing the excellent technology of Hakui Maruzen. With this acquisition of the shares, MISTS will have a better cooperation with Hakui Maruzen, enhance its sales system and improve its service utilizing the function of MISTS in order to meet the needs of customers who have continuously supported the product.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Next Ensuring reliability of high speed trains
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
