paired tapered bearing other high-margin products increased variety

Insiders said that before the 1990s, Northwest bearing bearing industry has been one of the national key enterprises, the scale of production in the fourth digit industry. The company plans a total investment of 400 million yuan construction of high-end bearings project construction period of 2 years, the first four years of full production. After completion, the expected sales income 63,000 yuan, net profit of 6,150 million. With the successful implementation of the project, Northwest bearing plain split roller bearing products will be phased out, the major resources into high value-added "large, high-speed, precision," R & D and production of high-end bearings, very in line with national industrial policy, comply with the current economic, policy orientation. This will not only be able to expand its market share in the Northwest bearing production scale and product, help the company to return to the first tier bearing enterprises, but also to promote the overall development and progress of China's bearing industry to some extent.
Li Shuming said Northwest bearing invest 188 million yuan of annual output of 200,000 sets of building precision bearings  project, the main plant has been completed, a full set of equipment installation and commissioning another approach, the work is well forward, 2014 will be fully debugged and tested production. In 2014, the company will focus on improving product mix and increasing technological content of products, and promote high-end bearing construction projects, and other high-margin products increased variety, so that the gradual transformation of the company's existing manufacturing bearings to high-end equipment manufacturing. The non-public offering if the company successfully implement the project, the Northwest bearing the full force of China's high-end bearing market, the fundamentals of the company will be completely changed