Date: 2013-07-31

Germany IBO Gmbh to Set Up New Factory in Luoyang

On Aug 4, the groundbreaking ceremony for IBO Gmbh's new facility was held in the New District of Luoyang City, Henan Province.

With the total investment of 10 million US dollars, the new facility will mainly focus on the production of high precision bearings like non-standard bearings and wind power bearings when it comes on line. The project aims to set up the most advanced non-standard bearing manufacturing and testing center in China. The new facility will become IBO's logistic center in China to supply Chinese custmers directly.

The annual production value is expected to hit RMB 100 million. The export and domestic sales will respectively hit 10 million US dollars and RMB 30 million when this new facility comes into production.

Previous: Finished Sintered Products Vibrating Griddle Bearings of Iron-Making Plant of Bao Steel Group All Localized
Next: HT Bearings Receive Notifications of Patent Application Acceptance

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
NN3092ASK.M.SP bearing	460	680	163
NNU4992SK.M.SP bearing	460	620	160

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.