KML Bearing Setup Luoyang Subsidiary

Resource from: cbcc-yinx Likes:2982

Apr 19,2006

April 18, KML Bearing and Equipment Limited formally setup their another subsidiary, KML Bearing Technology (Luoyang) Co.,Ltd in Luolong Science & Technology Park in Luoyang city, Henan province. This company, cost $10 million, will mainly produce high-end automotive bearings of KML brand. KML Bearing and Equipment Limited (Formly known as Premier Bearing and Equipment Limited) specializes in producing and dealing in its own brand-name, KML, premium quality bearings. Since its establishment in Hong Kong in 1980, it has been one of the leading companies to export China made bearings to markets all over the world. Over 400 million pieces of bearing were recorded in its sales over the past 23 years. In past, KML have been rendering its service through its subsidiaries KML Bearing Canada Inc., KML Bearing America Inc. and KML Powertrans Inc. for the market in Canada, in America and in all other places of the world. The KML Bearing Technology (Luoyang) Co.,Ltd is the second mainland subsidiaries, following the KML Powertrans Inc. located in Guangzhou and Shanghai.

(cbcc-yinx)

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