July 31, (e-bearings.com) - Harbin Bearing Manufacturing Co., Ltd. laid the foundation stone for its new plant project in Dalian at the Center Industrial Park, Development Zone in Dalian.
The new plant in Dalian Harbin Bearings projects a total investment of 163 million yuan(approx. 24 million US dollars), covers an area of 43,000 square meters. This project will be supported by Harbin Bearings' national-level technology center, relying on scientific and technological progress, and continuously improve the technological innovation capability and product testing capabilities, speed up the development of high-precision, high-tech and high value-added with independent intellectual property rights of the bearings, to fully replace imported products for the purpose of accelerating China's bearing industry, the optimization and upgrading. Harbin Bearings is expected the new plant project in Dalian shaft is put into production, can realize annual sales income 2 billion yuan(approx. 29.3 million dollars), the total pre-tax profits more than 3700 million yuan(approx. 5.4 million dollars)
(Source: China's industrial news)
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