Date: 2013-07-31

Project of IBO (China) Detection Development Center Started in Luoyang

On the morning of Nov.18th, the project of IBO (China) Detection Development Center & Limeike Bearing Transmission Co., ltd. invested by IBO Gmbh was started in the Hi-Tech District in Luoyang. With the total investment of 10 million US dollars, the new project will mainly focus on bearing design,research and development, production, sales and service. After completion, the project is predicted to produce 15,000 sets of large and medium size precision bearings each year with the production value of 150 million yuan, and the export exchange will reach $ 15 million. It is learned that IBO Gmbh is mainly involved in the research, production and sales of non-standard bearings. Its customers are from 40 countries worldwide. The international advanced research and detecting technology of the company will impel the precision bearing industry in this area to develop faster.

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