Date: 2013-08-20

The Japan Seiko Co., Ltd. to enter the Chinese bearing mid-market

A few days ago, Japan's Seiko Co., Ltd. (hereinafter referred to NSK) well-known Chinese private enterprises bearing Ningbo MOS Group Co., Ltd. (hereinafter referred to as MOS), NSK MOS investment shares 25% reached in the bearing business capital cooperation, that NSK formally enter the bearing end market by strengthening cooperation with strong local enterprises.
NSK established since 1995 in Kunshan, Jiangsu Kunshan NSK Investment Co., Ltd., opened the prelude to the production of NSK bearings in China. Since then, following the pace of China's economic development, NSK in business also expanded, NSK in China has 12 factories, the production and sale of machinery bearings, automotive bearings, auto parts, precision instruments and related products and so on. China in recent years, in addition to NSK and other Japanese and European companies as the center for the production of high-end bearings outside the market, the demand for the products of the high-end market is also rapidly expanding. To this end, NSK investment shares MOS's production of automotive bearings subsidiary of Gongzhuling Bearing Co., Ltd. in September 2012, the shareholding ratio of 10%, in order to advance bilateral cooperation for the Chinese market.
NSK manufacture and learn how to develop this market, understand and grasp the products corresponding to the high-end market by strengthening cooperation with strong local private enterprises MOS lay a solid foundation for further root in China and the development of business in China.

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