World Bearing News

HRBGC Finish Their Expansion Project

Resource from: cbcc-yinx 2005/09/20

On Sept. 12, the expansion project of Huatian Roller Bearing Group Corp.(HRBGC) which located in Shandong province, was completed silently. The goal of this project is to achieve the annual capacity of 13million sets automobile bearings. This expansion will grant HRBGC an additional annual sale of RMB110 million yuan and tax payments of RMB19 million yuan, which made it's production and sale rank first in Shandong province.

In recent years, HRBGC began to manufacture automobile bearings and motor bearings for airconditioner. They established stable relationships with many domestic famous enterprises like Tianjin Xiali Automobile Co.,Ltd, Ji'nan Heavy Vehicle Co.,Ltd, Weichai Power Co.,Ltd etc. HRBGC cover an area of 40000 square meters, have 5000 square meters' dust-free workplace. Additionally, the first stage work of auto bearing project which cost RMB60 million yuan has been put into production; two of the ten advanced production line have been available for processing. In early 2006, another 200million yuan's cooperation project with Sweden will begin.

According to Mr. Chen tongsheng, president and general manager of HRBGC, the company has set a goal to be one of the Chinese Top 20 Bearing Enterprises in near future.

About HRBGC

(cbcc-yinx)

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