Release time : 2015-06-11 10:53:27
It was reported that Xi an Huaqin Ball Bearing Alloy Co., Ltd would totally invest RMB85 million to set up its new plant with 48.44 Mu land in Shiquan County, which would be dedicated to manufacturing & processing Simplex Ferrochrome and High Carbon Ferrochrome.
Huaqin needle roller Bearing Alloy signed the construction agreement with Shiquan County on July 8.
Reportedly, the first phase of construction will be completed by the end of May, 2009 and the annual sales are expected to exceed RMB280 million. The second phase is to be started by the end of September and the yearly production of skate board bearings value will reach RMB800 million.