The first phase of the "Timken-Nske Bearing (Suzhou) Co., Ltd." jointly established by Japan Seiko Co., Ltd. and Timken Company of the United States was grandly held in Suzhou on February 12, 2003. Suzhou Mayor Yang Weize and others Relevant leaders from Suzhou City and the new district attended the meeting to congratulate that the project finally started after reaching a consensus in April 2002, becoming the third bearing factory of Nippon Seiko in China after Kunshan and Anshun.
President Asaka Seiichi delivered an impromptu speech on behalf of Seiko Seiko, saying, "This joint venture is the crystallization of the operation of representative companies in Japan and the United States. There are few examples to be found. The two companies will bring together their respective best and latest technologies and utilize highly qualified Chinese workers. And public facilities to build the world`s strongest tapered
Roller Bearing factory".
The project is invested and constructed by Japan Seiko Co., Ltd. and Timken Company of the United States with 50% equal investment. It is expected to be completed and put into production in early 2004. The product
Tapered Roller Bearings are supplied to the automotive industry in large quantities for transmission and wheel assemblies. At present, automobile manufacturers are aggressively entering Asia, especially China, and it is expected that the demand for tapered roller bearings will increase day by day. Moreover, automobile manufacturers also require parts companies that can provide stable supplies at attractive low prices all over the world. This time, the two companies` production technology secrets will meet this demand and provide quality, price, and supply. All excellent and thoughtful service.
