NTN plans bearing joint ventures in China

NTN Corp, one of Japan’s largest bearing manufacturers, has concluded a basic agreement with China’s Luoyang Bearing Corp (LYC) to establish several joint ventures to produce bearings for transportation and industrial machinery applications

The ventures would produce bearings for auto applications, railroad cars, and industrial machinery. “We would supply the technology and market a portion of the output,” said an NTN spokesman....


December 29, 2003

10:42 GMT