Product category:
Manufacturing industry news
News Release from: NSK UK
Edited by the Manufacturingtalk Editorial
Team on 02 March 2007
EUR 70 million machinery bearing plant
announced
To reinforce its market presence in the bearing sector, NSK is to invest some EUR 70 million in an industrial machinery bearing plant, which will raise bearing production by 30%.
NSK is set to increase its bearing production volume by 30% with the investment of more than EUR 70 million in a new industrial machinery bearing plant in Fujisawa City, Japan Once complete, the new facility is expected to increase NSK's manufacturing volume from the current level of EUR 405 million (60 billion Yen) to EUR 540 million (80 billion Yen) in two years
This article was originally published on Manufacturingtalk on 30 Apr 2004 at 8.00am (UK)
Related stories
Quieter bearings lower electric motor noise
Quiet running cylindrical roller bearing reduce noise levels by up to 7-8dB compared to conventional CRB bearings and 3-4dB compared to conventional, low noise bearings.
Bearing factory move made, maintaining production
At the end of 1999 NSK displayed its determination to remain competitive as a supplier of quality integral shaft bearings by transferring production to Peterlee.
The new Fujisawa plant is a strategic element in NSK's global growth strategy and is central to the company's mid-term plan to reinforce its market presence in the bearing sector.
The plant will extend to an area of 15,000m2 and employ over 100 employees.
Production is scheduled to start in January 2008, manufacturing bearings for industrial machinery applications, such as steel equipment, machine tools, construction equipment, aircraft, robots and wind generators.
This latest substantial investment in manufacturing coincides with NSK's 90th anniversary: the company having produced bearings at its existing Fujisawa main production base since 1916.
This tradition will continue with the new plant, which will complement existing manufacturing facilities and harness the engineering expertise of the NSK Corporate Research and Development Centre and the human resources of the Kanagawa Prefecture.
* About NSK - NSK inaugurated its business in 1916 and produced the first ball bearings made in Japan.
Since then, NSK .
has developed a full range of bearings, which have been sold throughout the world, and has contributed greatly to the development of industries and the advancement of technology.
NSK has used its expertise in precision machining technology, refined through years of bearing manufacturing, to diversify into automotive products, precision machinery and parts, and mechatronic products.
Since the 1960s, NSK.
has been aggressively developing its overseas markets.
At present, the company has overseas sales operations in 25 countries and operates more than 30 international manufacturing locations. Request free introductory details about products from NSK UK ...
• NSK UK: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
