Date: 2013-08-01

THK Rhythm Building Bearing Plant in Thailand

THK Rhythm said it will build a bearing and automotive hard parts manufacturing plant in Rayong, Thailand.

The facility will produce automotive-size bearings, primarily for Thailand's fast-growing auto industry. It will also produce hard parts such as steering gear and linkages.

All in, THK will invest at least USD $10.2 million in the Thai facility, which will eventually produce more than 2 million bearings per year when it is fully online.

THK Co. Ltd. acquired Rhythm Corp. (Japan) from private equity Carlyle Group in mid-2007 for $106 million. Carlyle had acquired 97% of Rhythm by funding a management-led leveraged buyout. Rhythm manufactures a variety of hard parts for automotive steering, suspension, brake and transmission applications.

Previous: Notice of Annual General Meeting from SKF
Next: Bearings Market Projected to Reach $40 Billion by 2010

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
RAE40NPPNR bearing	40	80	30.2
RAE40NPP bearing	40	80	30.2

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.