Release time : 2015-06-15 13:10:07
China Jiangsu Golden Horse Steel Ball, Inc., a leading Chinese manufacturer and supplier of Ceramic Bearings, has been granted an application from the local government to acquire additional land for manufacturing expansion.
Golden Horse was granted with the Republic of China, the opportunity to reserve 200 MU (an equivalent of 33 Acres US Standard) of sought after prime Industrial Lands. The company currently has 80 MUs, thus resulting in a total of 46 Acres of land use. With the additional land capacity, the company plans to increase its storage and manufacturing facilities. This government land grant to China Jiangsu Golden Horse Steel Ball Inc., is in accordance with the government's 5 year plan that calls to modernize and upgrade the development of steel Skateboard Bearings line processing technology.
The company will be better positioned to meet the increased demand for ball bearings, thus resulting in higher casting and machining volumes. With this recent strategic land expansion we will improve our margins and profitability in the future.