NTN to set up joint venture for production of constant velocity joints in China  [ China ]

NTN Corporation announced that it will establish a new joint venture to manufacture constant velocity joints in Xiangyang, Hubei Province, China. The new company, Xiangyang NTN-Yulon Drivetrain Co., Ltd., will be the company's third constant velocity joint plant in China. It will be capitalized at USD 34 million, of which 60 percent will be provided by NTN and 40 percent will be provided by Kia...
<Feb 04, 2014>