Wafangdian Bearing Group Corporation(known as ZWZ Bearings) has signed a long-term strategical letter of intent with Siemens wind power company in ZWZ industrial zone on July 28,2009. ZWZ became the one of the important worldwide supplier of Siemens wind power company.
Two parties agree to promote all-around research and development cooperation on wind power bearings in world.
Wang Lushun, the chairman of ZWZ,and Global Sourcing Director of Siemens wind power company attended the signing ceremony.
8/04/2009
China MOS Group increases market share of Auto Bearings
Facing the challenge of financial crisis, China Ningbo MOS Group Co., Ltd. devotes to increase sales of higher value-added auto bearings while expanding the market share.
Since the international financial crisis exploded last year, the export market which took up 70% in the sales of the company endured heavy losses. On one hand, MOS developed the domestic high-quality customers to soften the impact of the decreasing of export actively; on the other hand, MOS strengthened the work of competition against the large international auto components manufacturers.
The emphasis work of MOS in this year is to develop one of the largest suppliers of auto components in the world - the French Valeo Group. They will make efforts to extend their products from engine bearings to rain wiper bearings and power window bearing.
The auto bearings take up 15% and household appliance bearings take up 50% in existing sales structure of MOS products. The goal of MOS is to make auto bearings sales increase to more than 50%.
Since the international financial crisis exploded last year, the export market which took up 70% in the sales of the company endured heavy losses. On one hand, MOS developed the domestic high-quality customers to soften the impact of the decreasing of export actively; on the other hand, MOS strengthened the work of competition against the large international auto components manufacturers.
The emphasis work of MOS in this year is to develop one of the largest suppliers of auto components in the world - the French Valeo Group. They will make efforts to extend their products from engine bearings to rain wiper bearings and power window bearing.
The auto bearings take up 15% and household appliance bearings take up 50% in existing sales structure of MOS products. The goal of MOS is to make auto bearings sales increase to more than 50%.
7/31/2009
SKF China Awarded ISSSP Honour
SKF China was awarded the honour of "China Six Sigma Best Practical Corporation Award" by The ISSSP China (International Society of Six Sigma Professionals).
The award ceremony was held in Beijing Sheraton Hotel on 19th May 2009. Mr. Chen Bangzhu, Head of China Quality Association, Professor Ba Shusong, Deputy Director, Finance Branch of Development Research Centre of the State Council attended the ceremony with other distinguished guests. The award was presented by ISSSP Inc. Global President Ms Roxanne P. O'Brasky to Sanjeebit Choudhury, Vice President Quality & Six Sigma, SKF China.
"The ISSSP Award is a recognition for all our efforts and ambitions that makes us very proud. Six Sigma is a corner-stone of our development and the Award stimulates us all to reach even higher levels going forward!" says Magnus Johansson, President SKF China.
Winners of the Award are Six Sigma benchmark corporations in their industries. Together with SKF China, the Award also went to China Merchants Bank, China Unionpay, China Aviation Industry Corporation and Lenovo etc.
ISSSP is a society of professionals and businesses dedicated to promoting the advancement of Six Sigma and improving the way you work, and is the only international Lean Six Sigma professional membership organization.
The ISSSP Six Sigma Best Practical Corporation Award is to recognize those Six Sigma Companies in China that have both successfully and systematically promoted and developed the Six Sigma strategy. The enterprises are judged on the organizational Six Sigma success in leadership support, training, project selection and hopper process, financial impact, report/follow -up, software, organizational strategy and culture change etc.
This has been the second occasion since 2007, where SKF is recognized by ISSSP for its Six Sigma leadership and performance. Earlier the SKF Group President & CEO , Mr. Tom Johnstone was awarded "The ISSSP Global Leadership Award - 2007" as the first European Business Leader to receive this recognition after prominent American leaders such as Larry Bossidy (Allied Signal / Honeywell), Jack Welch(GE), Jim McNerney (3M), Charles Holliday (DuPont) etc.
The award ceremony was held in Beijing Sheraton Hotel on 19th May 2009. Mr. Chen Bangzhu, Head of China Quality Association, Professor Ba Shusong, Deputy Director, Finance Branch of Development Research Centre of the State Council attended the ceremony with other distinguished guests. The award was presented by ISSSP Inc. Global President Ms Roxanne P. O'Brasky to Sanjeebit Choudhury, Vice President Quality & Six Sigma, SKF China.
"The ISSSP Award is a recognition for all our efforts and ambitions that makes us very proud. Six Sigma is a corner-stone of our development and the Award stimulates us all to reach even higher levels going forward!" says Magnus Johansson, President SKF China.
Winners of the Award are Six Sigma benchmark corporations in their industries. Together with SKF China, the Award also went to China Merchants Bank, China Unionpay, China Aviation Industry Corporation and Lenovo etc.
ISSSP is a society of professionals and businesses dedicated to promoting the advancement of Six Sigma and improving the way you work, and is the only international Lean Six Sigma professional membership organization.
The ISSSP Six Sigma Best Practical Corporation Award is to recognize those Six Sigma Companies in China that have both successfully and systematically promoted and developed the Six Sigma strategy. The enterprises are judged on the organizational Six Sigma success in leadership support, training, project selection and hopper process, financial impact, report/follow -up, software, organizational strategy and culture change etc.
This has been the second occasion since 2007, where SKF is recognized by ISSSP for its Six Sigma leadership and performance. Earlier the SKF Group President & CEO , Mr. Tom Johnstone was awarded "The ISSSP Global Leadership Award - 2007" as the first European Business Leader to receive this recognition after prominent American leaders such as Larry Bossidy (Allied Signal / Honeywell), Jack Welch(GE), Jim McNerney (3M), Charles Holliday (DuPont) etc.
ZWZ Bearings and Siemens signed a long-term strategic cooperation Letter of Intent for wind turbine bearings supplying
July 28, (e-bearings.com) Wafangdian Bearing Group Co., Ltd., also know as ZWZ Bearings, and Siemens signed a long-term strategic cooperation letter of intent of wind turbine bearings supplying, and ZWZ Bearings become the one of the world's leading wind turbine bearings suppliers of Renewable Energy Division of the Siemens Energy Sector, and Siemens wind power becomes ZWZ Bearings' strategic customers, both will start a full range of R & D co-operation on wind turbine bearings at the global level .
Siemens wind power is one of the world's largest manufacturers of offshore wind turbine. There are two production bases in Shanghai, China of Siemens wind power, one for blade assembly and another for wind turbine assembly.
ZWZ Bearings is one of the earliest group of companies engaged in research and development of wind turbine bearings, and have the world's advanced level of wind turbine bearings production base. At present, ZWZ Bearings can provide yaw bearings, pitch bearing, spindle bearing, speed increaser bearing, speed reducer bearings and generator bearings for 750 kilowatts, 850 kilowatts, 1.2 MW, 1.5 MW, 2 MW and 3 MW wind turbines. Now has an annual production of 6,000 sets, and 5-megawatt wind turbine bearings is on research and development. In the R & D on wind turbine bearings, formed ZWZ autonomous wind power bearing design, craftsmanship, materials, manufacturing, testing and test such areas as technical standards. ZWZ Bearings' "design and manufacture of wind turbine bearing technology" project has been listed in China's high-tech project, also know as the "863" Project.
Siemens wind power is one of the world's largest manufacturers of offshore wind turbine. There are two production bases in Shanghai, China of Siemens wind power, one for blade assembly and another for wind turbine assembly.
ZWZ Bearings is one of the earliest group of companies engaged in research and development of wind turbine bearings, and have the world's advanced level of wind turbine bearings production base. At present, ZWZ Bearings can provide yaw bearings, pitch bearing, spindle bearing, speed increaser bearing, speed reducer bearings and generator bearings for 750 kilowatts, 850 kilowatts, 1.2 MW, 1.5 MW, 2 MW and 3 MW wind turbines. Now has an annual production of 6,000 sets, and 5-megawatt wind turbine bearings is on research and development. In the R & D on wind turbine bearings, formed ZWZ autonomous wind power bearing design, craftsmanship, materials, manufacturing, testing and test such areas as technical standards. ZWZ Bearings' "design and manufacture of wind turbine bearing technology" project has been listed in China's high-tech project, also know as the "863" Project.
Harbin Bearings 24 Million investment in new plant in Dalian
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)
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)
ZWZ Bearings Supplied Slewing Bearings to a famouse wind power company
July 27th, 2009 - (e-bearings.com) Recently, the Precision Slewing Bearing company of ZWZ Bearings Group successfully become an international well-known wind power company's bearing supplier. To supply this international famous enterprises, the Precision Slewing Bearing company 's manufacturing capacity and technical level has been increased, and won in the market visibility and credibility.
In the production process, this wind power company tracked the whole process, and took the test on each process until passed. After the final acceptance of this wind power company after passing strict examinations and tests, the products then started shipping. Because of the relatively satisfied with the quality of products, in July, the wind power company have signed a new batch of orders with the Precision Slewing Bearing company of ZWZ Bearings Group.
In the production process, this wind power company tracked the whole process, and took the test on each process until passed. After the final acceptance of this wind power company after passing strict examinations and tests, the products then started shipping. Because of the relatively satisfied with the quality of products, in July, the wind power company have signed a new batch of orders with the Precision Slewing Bearing company of ZWZ Bearings Group.
Shanghai GKN Building Axle Plant in China
Shanghai GKN Driveshaft Co. Ltd. (SDS) announced it will build a Yuan 500 million (USD $73 milllion) manufacturing plant to produce complete driveshaft assemblies in the Northeast China city of Changchun, home of FAW Group.
It will be SDS' third wholly-owned plant, producing driveshafts (halfshafts with CV joints) for the OEM automotive and truck market in China. The company's other plants are in the Shanghai Pudong Kangqiao Industrial Zone, in Shoupu and Kangqiao. The company also owns a majority stake in a plant in Chongqing through GKN Driveshaft.
Groundbreaking is set for late 2009. When complete, it will reportedly be the largest factory of its kind in northeast China.
SDS entered the Chinese market in 1988. Ownership is shared by GKN Driveline International GmbH (50%), SAIC Group(35%), State Development & Investment Company (10%) and Bank of Communication, Shanghai Branch (5%). The company currently employs more than 2,000 workers.
SDS sells its OE drive shift products to more than 30 automakers in China, including local operations of Volkswagen, Ford, GM, Fiat, Toyota, Nissan, Suzuki, JinBei, Peugeot-Citroen, BMW, Daimler Benz, Isuzu, Honda, and Mazda.
It will be SDS' third wholly-owned plant, producing driveshafts (halfshafts with CV joints) for the OEM automotive and truck market in China. The company's other plants are in the Shanghai Pudong Kangqiao Industrial Zone, in Shoupu and Kangqiao. The company also owns a majority stake in a plant in Chongqing through GKN Driveshaft.
Groundbreaking is set for late 2009. When complete, it will reportedly be the largest factory of its kind in northeast China.
SDS entered the Chinese market in 1988. Ownership is shared by GKN Driveline International GmbH (50%), SAIC Group(35%), State Development & Investment Company (10%) and Bank of Communication, Shanghai Branch (5%). The company currently employs more than 2,000 workers.
SDS sells its OE drive shift products to more than 30 automakers in China, including local operations of Volkswagen, Ford, GM, Fiat, Toyota, Nissan, Suzuki, JinBei, Peugeot-Citroen, BMW, Daimler Benz, Isuzu, Honda, and Mazda.
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