NPB Bearing Project with a Total Investment of $ 62.7 Million Located in Qinghuangdao Development Zone

Resource from: CBCC Likes:99

Aug 19,2013

On August 15th, NPB Bearing project with a total investment of $ 62.7 million started in Qinhuangdao Development Zone. With an area of 150 acres, the project, invested by Nippon Pillow Block Sell Co., Ltd, will be constructed in two years. The construction includes casting workshop, heat treatment workshop, bearing workshop and turning workshop etc. It is known that it will become the largest pillow block bearing production base after putting into operation, achieving annual bearing production capacity of 8 to 10 million pieces, annual output value of RMB 800 million and profits and taxes of RMB 50 million as well as proving 1,000 jobs.

(CBCC)

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