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Date: 2013-08-01

NTN Establishes New Company for Large Bearing Forgings

NTN Corporation (NTN) created NTN SHIKA CORPORATION to manufacture and sell forged parts for large bearings and for machinery such as construction equipment. NTN purchased the assets of the SHIKA Forging Plant from Hakui Maruzen Corporation.

1. Purpose of New Company
NTN is developing its business in the industrial machinery sector - such as construction equipment and wind turbines -- as a priority initiative of its medium-term management plan,


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