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C&U Group Starts Construction of the High-end Bearing Industrialization Base

Resource from:  CBCC Likes:2973
Jul 11,2012
On the morning of July 9th, the Production-study-research project of C&U Group creation park started construction in eastern district of economic and technological development zone. It marks Wuhu equipment manufacturing industry has risen to a higher level. With the total investment of RMB 9.13 billion, the project was led by C&U Group together with more than ten enterprises, including C&U Group Shanghai Bearing Co., Ltd and Hangzhou Bearing Group Co., Ltd. etc. It covers 16 types of bearing projects, research center, school, and training bases etc. It is predicted that the industrial projects will be invested RMB 7.38 billion and the annual output value will be over RMB 10 billion after the project completes. The creation park will further promote the upgrading of Chinese bearing industrial transformation from manufacturing to creat.
(CBCC)
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