The headquarters is the first one going operational in the Suzhou Huaqiao Economic Development Zone. It involves a total investment of over 100 million US dollars and is expected to realize 7 billion yuan in annual output in 2011.
The China R&D center, NSK's largest technical center outside Japan, will carry out R&D in machine bearings, auto parts and precision machinery products and provide related technical services.
Suzhou Huaqiao Economic Development Zone is the only economic development area that centers on modern services industry in east China Jiangsu province. Over 20 companies from home and broad have located their China or East China headquarters there.
The founding of NSK's China headquarters and the operation of its China R&D center is expected to inject new vitality to the economic zone and the adjacent area.
Source: iStockAnalyst
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