Date: 2013-07-31

The Sales Income of Steel Bearing Industry in Xuyi County Hit RMB 1.32 Billion

As the only "New Bearing Center" in Jiangsu, there are more than 60 companies in Xuyi county, incuding the largest steel production enterprises, Zhejiang JianLi Group, the high precision bearing enterprise, Haifeng Hailin Group, meanwhile, there are over 20 projects are under construction. The high-quality resources gather quickly and the 3,000 acres of steel bearings park with supporting facilities can meet all kinds of settled industrial chains.

On March 19, more than 140 well-known bearing steel entrepreneurs across the country came to Xuyi for seeking the development. On April 21, Xuyi signed RMB 220 million stainless steel bearing items contract with Zhejiang Baiji Machinery Co., Ltd. In early July, there were more companies settled in Xuyi during the attracting investment of "One Hundred Days tournament", such as Jiang Su Xinling. From January to June this year, Xuyi steel bearings industry achieved sales revenue of RMB 1.32 billion, an increase of 56.8% compared with the same period last year, storage tax of RMB 63.2 million, an increase of 26.3% compared with the same period last year.

Currently, Xuyi focus on the two bearing industry-intensive areas: souththern Suzhou, and norththern Zhejiang and tryies to accelerate the development of the first ten billion industry. The county is striving to own 150 steel bearing companies with sales revenue of over RMB 20 billion and to make it play an important role in "The Second Five-year Plan" for the economic development of industries

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Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
BHAM1416 IKO	22.225	30.162	25.4
BHAM1412 IKO	22.225	30.162	19.05

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