Seiko Co., Ltd. (NSKLTD) and the Hefei High-tech Industrial Development Zone recently signed an agreement to build production base in the area. The total investment of approximately $ 300,000,000, with a total area of ​​200 acres, will produce third-generation wheel bearings, high profile CNC machine tools and processing centers bearings, bearings and related parts of other research, development and manufacturing. Project will start construction in October of this year, is expected to put into operation in August 2012. Annual sales are expected to total about 30 billion yuan.

    NSK bearings, as Japan's first manufacturer, founded in 1916. Japan currently has become the world's top comprehensive bearing manufacturers. So far, NSK has been established in 12 countries, 40 overseas production bases have been built in 11 factories in the Mainland. The production base in Hefei project to NSK expand the production base in China to 12, as a single plant, it is a NSK largest overseas investment projects.

The article above is transfered from glow plug, and spark plug