Timken and CITIC Heavy Machinery Industries Enter Into a Partnership (Pic)

Resource from: CBCC Likes:2979

Dec 12,2008

On Dec 9, CITIC Heavy Machinery Industries Co., Ltd, one of the largest heavy machinery manufactures in China, and Timken（China）Invest Company signed a strategic agreement on future cooperation, elevating their partnership to a new phase. The agreement was signed by Mr Xu Fengqi, the General Manager of CITIC Heavy Machinery Industries Co.,Ltd and Mr. Feng Shilong, president of Timken（China）Invest Company. Under the terms of the agreement, Timken company will provide products, service and technical support to CITIC Heavy Machinery Industries Co.,Ltd. Besides, the two parties will have a further cooperation in company culture and management. Mr Xu Fengqi, said at the ceremony: " We are pleased to reach such a strategic cooperation agreement with Timken（China）Invest Company. This agreement will play an important role for long term development for both sides " He also expressed his great appreciation for Timken's product supply and technical supports. Mr. Feng Shilong said: As one of Timken's important partners in China, CITIC has a great strength in cement, mining, metallurgical process industries. He also pointed out that this is a cooperation of great significance which will surely provide an impetus Timken’s development.

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