NSK Ltd. (NSK) announced that it will conclude a share purchase agreement with Japan Industrial Solutions III Investment Limited Partnership (JIS) to acquire shares of NSK Steering & Control, Inc. (NS&C), currently an equity-method affiliate of NSK. As a result of the share acquisition, NS&C and its subsidiary, NSK S

NSK signed a strategic cooperation agreement with Wolong Electric Group Co., Ltd. (Wolong Electric). Under the agreement, the two companies will launch strategic cooperation in the following three areas. Joint technology R&D: This concerns green transportation, green energy, robots, industrial drive innovation, and m

NSK opened its Chinese headquarters and the second phase of its Chinese R&D center in the Huaqiao Economic Development Zone in Kunshan, Jiangsu. The NSK Chinese Headquarters and the second phase of the NSK Chinese R&D Center are located on 8 Caiqiao Road. Taking the opening of the second phase of the R&D center as an

NSK participated in the 19th China International Bearing Industry Exhibition (CIBIE) with a range of bearings and precision machinery components. For automobiles, NSK exhibited the latest products for electrification and low friction. Delivering a maximum DmN value of 2.1 million, the NSK ultra-high-speed bearing for

On September 4, Rane Holding announced that the Competition Commission of India (CCI) had considered and approved its proposed acquisition of the remaining 51% equity stake of NSK Ltd., Japan, in the joint venture company, M/s. Rane NSK Steering Systems Private Limited.
Rane Holding intimated the CCI on July 01, 202

NSK Ltd. (NSK) announced the decision to sell its European production subsidiary, Neuweg Fertigung GmbH (Neuweg) to individual investor Mr. Stephen Lord, its Plant Manager Mr. Willi Castro and its Finance Director Mr. Dominik Szell.
The sale is expected to be completed in the first half of 2024 and is a part of NSK’s

Rane Holdings Limited (RHL) approved the acquisition of a 51% stake from the joint venture partner NSK Limited in Rane NSK Steering Systems Private Limited (RNSS). Post the acquisition, it will become a wholly-owned subsidiary of RHL and named Rane Steering Systems Private Limited (RSSL). RSSL will continue the exist

It was announced that NSK Bearings Manufacturing Mexico invested USD 44 million to expand its plant located in Silao, Guanajuato.
This expansion will create 51 new jobs and is expected to be completed by 2026.
The company, which specializes in manufacturing bearings, serves clients in Mexico such as Honda, Toyota, Ma

NSK Europe Ltd. (NSK) expanded its R&D center and headquarters in the Huaqiao Economic Development Zone of Kunshan City in China. It will have a total area of approximately 21,000 sqm. The construction will be completed in August 2024.
NSK's R&D base in China provides technical support for automotive and industrial m

NSK Ltd. (NSK) announced that it will exhibit products ranging from elemental parts to unit products that contribute to the "running," "turning," and "stopping" of automobiles at the Japan Mobility Show 2023, held in Tokyo from October 26 to November 5, 2023. The Selectable One-way Clutch (OWC) & Electric Clutch Pack

NSK Europe Ltd. (NSK) announced a broader range of anti-electrical-erosion technologies for eAxle bearings used on EVs, following the completion of performance evaluations. Among the new options are over-molded bearings and conductive brushes. NSK’s anti-electrical-erosion options cover both insulating and conductive

NSK Ltd. (NSK) announced that it will change the content of the transaction regarding the reorganization of its steering business subsidiary, NSK Steering & Control Inc. (NS&C). Initially, NS&C was planning to implement a third-party allotment to Japan Industrial Solutions III Investment Limited Partnership (JIS). Ho

NSK Europe Ltd. (NSK) announced that it won Global Supplier Award 2023 from Robert Bosch GmbH in the category of Raw Materials and Components for its superior quality and excellent performance. (From NSK social media updates on July 16, 2023)