Wanxiang Group Corporation (China) signed an agreement with
a division of Karolin Machine Tool AB (KMT; Switzerland) to
purchase a wide variety of high-precision manufacturing equipment
for its Chinese bearing factories.
The KMT
division, Lidkoping Machine Tools AB (Switzerland), will equip
Wanxiang with the latest technology and complete systems for
bearing grinding, including handling and measuring equipment.
Delivery is scheduled to take place during 2003.
Lidkoping
manufactures high precision equipment for grinding, centerless
grinding, internal/external grinders, ID/OD/flange grinders
and combination grinders.
Johan
Westberg, Lidkoping's President, said, "We are pleased
to receive an order of this magnitude from an expanding world
class company like Wanxiang. We are committed to provide added
value to our customer with superior process capabilities."
Earlier
this month, Lidkoping revealed it is equipping American Axle
& Manufacturing (USA) with a turnkey system for Universal
joint grinding. The system will consist of centerless grinders,
double disc grinders, complete automation equipment and all
the additional adjoining equipment required. AAM is the world's
leading manufacturer of driveline systems for OEM auto and
truck manufacturers.
Privately-held
Wanxiang Group Corporation is a manufacturer of ball and roller
bearings, hub units, universal joints, CV joints, clutch release
bearings and bearing components for manufacturers worldwide.
£¨Adopted From eBearing.com£©
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