2011

NTN Corporation (hereafter, NTN) held a signing ceremony with the Nanjing Economic & Technical Development Zone in Nanjing city, Jiangsu, China on September 8 to celebrate the founding of “Nanjing NTN Corporation (hereafter, Nanjing NTN)”.

The ceremony was held to great fanfare with a total of more than 200 distinguished guests invited, including Secretary Yang of Nanjing City and other government officials. In his greetings, Secretary Yang stated that “NTN has some of the world's most advanced technology, and the founding of Nanjing NTN is a truly joyous event for both NTN and Nanjing City. The government of Nanjing provides its complete support for this project.”

NTN's Chairman Suzuki also offered greetings at the ceremony, stating that “NTN is expanding its business with the ‘on local sites with local materials by local personnel’ concept presented in the ‘Global Advance 2013’ medium-term management plan, and is working on strengthening its standing within the industrial machinery bearing business. Nanjing NTN represents the largest production base for industrial machinery bearings in China, and we would like to utilize the most advanced technology in the world to deliver high quality NTN products from right here in China to customers around the globe.”

Related information:“NTN Establishes New Company for Industrial Machinery Bearings in Nanjing, China” (August 29 Press Release)