It is reported that Japanese NSK, the world’s second largest bearing manufacturer is enlarging its market share by setting up NSK Research & Development Company Limited in Kunshan China.
As per report the construction was started on July 8th 2008 and the new Research & Development Company will cost an investment of total JPY 4.4 billion and expected to put into production during the summer of 2009.
NSK is seeking to accelerate its business in China with plans to expand its Chinese business scale to JPY 100 billion in 2010.
