Date: 2013-07-31

The Bearing Industrial Park Invested by LYPB has Settled in Handan Quzhou

Recently, the bearing industrial park which was invested and constructed by Henan Luoyang Precision Bearing Group Co., Ltd has completed the site selection in Quzhou county, Handan city, Hebei province, and also has officially settled down.

It is said that the total investment of this project is two billion yuan, and mainly build researching & developing buliding, production department, standardized workshop and other ancillary facilities. After this project has been completed, it could hold thirty finished bearing products manufacturing enterprises, and more than thirty forging enterprises. With the accomodation of some supporting enterprises who were engaged in vehicle processing, heat treatment, high-precision rollers, etc, it would form a complete bearing industrial chain.

At the same time, the annual bearing output value and sales revenue could achieve two billion yuan, with 350 million yuan's profits & taxes.

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