Changshan Wei¡¯er Bearings Co., Ltd Will Be Online

Changshan Wei¡¯er Bearings Co., Ltd, a joint venture between a Shanghai Businessman and Changshan investor Mr. Hu Daming, is expected to come online at the end of the month. It is reported that 90£¥ construction work has been completed.

Endowed with convenient transportation and superior location, Changshan Government has launched preferential polices to attract more investment. With total investment of RMB 27 Million, this joint venture covers an area of 13 Mu in Changshan Industrial Park.

The construction started from the second half of last year. Now, builders are accelerating the works of road surface smooth and pipe-laying. After the construction of earthwork, Wei¡¯er will build a new production line for bearing forgings with annual output of 5.5 million sets, which would be worth of RMB 30 million.