Posted to News on 20th Sep 2010, 12:08
Shenyang NSK Precision Co Ltd established in China
NSK is establishing a new production subsidiary in China, Shenyang NSK Precision Co Ltd, to meet the growing market demand in China and other emerging economies for precision components such as ball screws and linear guides. Wholly-owned by NSK, the new subsidiary is being established to expand NSK's precision machinery business, supplying both the Chinese and global markets with high-quality, cost-competitive products via a timely and secure supply chain.
Located in Shenyang City, Liaoning Province, China, Shenyang NSK Precision Co Ltd is due to start operating in April 2010. The plant extends to 70,000m2, with an additional area for expansion of 36,000m2 (provisional). Initially there will be 600 employees, all involved in the manufacture of NSK Precision products.
Commenting on the new investment, an NSK spokesperson said: "We are striving to implement global sales expansion through active deployment to target industries and regions, and by employing product strategies that match the requirements of each demand area. In addition, by continuing measures to improve productivity, such as lowering overall lead times, we will further advance the capability of our production structure to respond quickly and flexibly to fluctuations in demand."
