The Phase III project of Schaeffler (China) Co., Ltd. is stepping up construction in Taicang, Jiangsu Province. According to reports, Schaeffler (China) Co., Ltd. Phase III project total planning area of ​​about 88,000 square meters, construction projects include two plants, namely Schaeffler (China) Co., Ltd. Fourth Factory and Fifth Factory. The plant area of ​​the fourth factory is planned to be 38,700 square meters, and the planned floor area of ​​the fifth factory is 20,000 square meters. Since the foundation laying of the project on April 28th, 2011, the construction of the project has progressed smoothly. At present, the pile foundation project has been completed and the steel plant structure of the fourth factory is being installed. According to the current construction progress, it is expected that the fourth plant will be completed before the end of 2011 and is scheduled to be put into operation in February 2012. “Since the investment in Taicang in 1995, the Schaeffler Group has gradually expanded its production and sales operations in Greater China. In 2010, sales increased by more than 45% compared to 2009. The Taicang plant also became Schaeffler Group's global reach. One of the largest production bases in the country, with the continuous improvement of the company’s management level, production technology and market expansion capabilities, the Group’s headquarters has higher expectations for Greater China and decided to further increase investment in Greater China. Then the third phase of the project was confirmed. After the project is completed, it will be a modern factory with advanced technology, first-rate equipment and international standards." The responsible person of Schaeffler (China) Co., Ltd. disclosed that Schaeffler Group spent 72 million. Euro construction new project background. It is understood that Schaeffler (China) Co., Ltd. No. 4 and No. 5 plant will be mainly engaged in the production of precision bearings and important auto parts after being put into operation. The products will be sold to China and the Asia-Pacific region. The third phase of the project will be supported by new technologies and promote the upgrading of enterprises. It is reported that Taicang's new plant will introduce the world's most advanced production technology, focus on the production of needle roller bearings, a variety of medium- and large-size bearings with high-tech content, advanced automotive wheel bearings, and key components for gearboxes and engines. After Schaeffler (China) Co., Ltd. Phase III project is completed and put into production, Schaeffler will create 500 to 1,000 new jobs for Taicang and will introduce high-end talents in corporate management, project management, quality management and product research and development. . The Schaeffler Taicang plant is expected to have a total asset of 4 billion yuan at the end of the “Twelfth Five-Year Plan†period, covering an area of ​​345 acres, and will achieve an annual output value of over 6 billion yuan. "For the Schaeffler Group, the completion of the third phase project will help to systematically increase Schaeffler's production and operation capabilities in China, so as to better meet the increasing product demand in the Chinese market and even the Asia-Pacific market, further consolidating Schaeffler's leading position in the industry is of strategic importance to the Schaeffler Group's rapid expansion of its global operations, said Schaeffler (China) Co., Ltd.'s responsible person. Motorbike Starting Motor,Starting Motor,For Lf50Qt Starting Motor RATO Power Manufacturing Corporation , http://www.china-atv-part.com