TZ Win RMB20 Million Contract In 2005

Resource from: CBCC Likes:2939

Nov 17,2005

As the world largest oil film bearing manufacturer, Taiyuan Heavy Machinery Group Co. (TZ) recently released that it has won 20 million export contract from seven countries like Japan, Germany this year. Meanwhile, it has accounted for 86% in domestic market. “We will focus on developing oversea market and endeavoring to enhance the export rate to 20%-30% from 10% the year after next”, Said Mr. Shen Fuchang, the general manager. It is known that Taiyuan Heavy Machinery Group Co. has qualified for the largest manufacturing capacity in the world. It supplies related components to the world famous enterprises, such as Germany SMS Company, Japan Mitsubishi Corp., Austria VoestalPine AG and Italy Danieli Corp. It possesses a leading position and shares 86% in domestic market.

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