"High-speed Hot Pier Project" invested by HRB Group is to be put into trial operation

Resource from: CBCC Likes:284

May 22,2013

The "High-speed Hot Pier Project" carried out by Hebei Bearing Co., Ltd., subordinate to Harbin Bearing Manufacturing Co., Ltd. (hereafter reffered as HRB Group) is going to an end. At workshop, we can see that the project framework has been basically completed, and three high-speed hot pier have also been set up in the frame structure. The following task will be capping and laying of the workshop and installation of the supporting facilities. According to the project leader in preparation stage, all equipment and device applied here are the current most advanced ones for production of bearing rings in China, and the project is expected to be put into trial operation in June. It is learned that the "High-speed Hot Pier" production line for bearing rings and precision bearings was invested by HRB Group, one of the three major bearing production bases in China. This project is planned with a total investment of 3.7 billion yuan, and the construction is to be completed in three years. Once completed, it is expected to realize an annual sales income of 5 billion yuan and profit and tax of nearly 0.8 billion - - as an modern bearing bearing manufacturer integrated in forging and fine turning.

(CBCC)

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