Luoyang NTN-LYC Automotive Hub Bearing Project: Join Hands in Strength to Achieve Win-win Cooperation
On September 10th, the workers were stepping up production in the Luoyang NTN-LYC automotive hub bearing production workshop of Luolong Technology Park.
NTN LYC (Luoyang) Precision Bearing Cooperation is a joint venture of NTN Corporation (China) Investment Co., Ltd. in Japan and Luoyang LYC Bearing Co., Ltd. in Henan province. It could achieve the win-win cooperation through bring in the advanced technology and international management experience while combining LYC’s marketing network and playing their both strengths. Located in Luolong Technology Park, the third generation automotive wheel hub bearing construction project has a total investment of RMB 1.18 billion. During the first phase, it covers an area of 232.5 mu mainly for producing high-quality second generation and third generation automotive wheel hub bearing units and gearbox with needle bearings with the total investment of RMB 630 million.
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