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NTN LYC (Luoyang) Precision Bearing Co., Ltd., Japan NTN NTN Corporation (China) Investment Co., Ltd. and Henan Luoyang LYC Bearing Co., Ltd. Henan machinery and equipment investment group Co., Ltd jointly funded the establishment of joint ventures in Luoyang. The total investment of $ 174 million, including a $ 93.5 million investment, registered capital of $ 73.8 million, both 50-50.

 

Joint venture is located in Luoyang City, Henan Province Luolong Science and Technology Park, covers an area of ??233.5 acres. Company planning to produce high-quality two, three generations of wheel bearings and gearbox unit with a needle bearing, with a total planned capacity of 62 million units / year, beginning in 2012 for domestic and foreign cars, motorcycles and other industries to provide quality products and comprehensive services, By 2015 the sales income of 830 million yuan.

 

NTN LYC (Luoyang) Precision Bearing Co., Ltd., NTN through the introduction of advanced technology and international management experience, combined with LYC in China sound marketing network, give full play to their strengths in an effort to fight the Chinese joint venture bearing industry a model for companies and foreign enterprises cooperation.

Links: NTN Corporation   Henan Coal Chemical Group Luoyang LYC Bearing Co., Ltd.

NTN LYC (Luoyang) Precision Bearing Co., Ltd [ Admin] MAPSITE
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