Date: 2013-07-31

The Groundbreaking Ceremony for Bangbu Feiyu Bearing Held in Wuhe

The groundbreaking ceremony for Bangbu Feiyu Bearing Co., Ltd was successfully held in Industrial Zone in South Wuhe County recently.

With a total investment of RMB 80 million, Bangbu Feiyu will produce 20 million pieces of bearings yearly when it fully comes online, to be valued at RMB 300 million.

The company is expected to put into production formally in the second half of 2009.

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